Regulation and firm perception, eco-innovation and firm performance
| dc.contributor.author | Doran, Justin | |
| dc.contributor.author | Ryan, Geraldine | |
| dc.date.accessioned | 2012-11-14T16:12:10Z | |
| dc.date.available | 2012-11-14T16:12:10Z | |
| dc.date.copyright | 2012 | |
| dc.date.issued | 2012 | |
| dc.date.updated | 2012-11-07T13:06:39Z | |
| dc.description.abstract | Purpose - Recent reports argue that eco-innovation is the key to realising growth. This paper examines the factors which drive eco-innovation and tests if eco-innovating firms perform better than non-eco-innovating firms. We provide insights into the role government regulation can play in directing and stimulating eco-innovation.Design/methodology/approach - The approach utilised by this paper is empirical in nature. Using a sample of 2,181 firms, gathered as part of the Irish Community Survey 2006-2008, we estimate a modified innovation production function in order to assess the impact of regulation, consumer expectations and voluntary agreements on the performance of ecoinnovation, subsequently a knowledge augmented production function is estimated to assess the impact of eco-innovation on firm performance.Findings - Our findings suggest that regulation and customer perception can explain a firm s decision to engage in eco-innovation. Eco-innovation is also found to be more important than non-eco-innovation in determining firm performance.Research limitations/implications - Due to the limited availability of accounting data thispaper uses turnover per worker as the measure of firm performance. As a result, it is not possible to assess the impact of eco-innovation on firm costs.Social implications - The finding that regulation drives eco-innovation, and that there is no trade-off between eco-innovation and higher profit margins for innovating firms, suggests that regulators and policy makers can stimulate growth and create a greener society.Originality/value - This paper provides an empirical analysis of the Porter and van derLinde s (1995) theory of environmental regulation and firm performance using novel realworld data from over 2,000 Irish businesses. | en |
| dc.description.status | Peer reviewed | en |
| dc.description.version | Accepted Version | en |
| dc.format.mimetype | application/pdf | en |
| dc.identifier.citation | Justin Doran, Geraldine Ryan, (2012),"Regulation and firm perception, eco-innovation and firm performance", European Journal of Innovation Management, Vol. 15 Iss: 4 pp. 421 - 441 | en |
| dc.identifier.doi | 10.1108/14601061211272367 | |
| dc.identifier.endpage | 441 | en |
| dc.identifier.issued | 4 | en |
| dc.identifier.journaltitle | European Journal of Innovation Management | en |
| dc.identifier.startpage | 421 | en |
| dc.identifier.uri | https://hdl.handle.net/10468/781 | |
| dc.identifier.volume | 15 | en |
| dc.language.iso | en | en |
| dc.publisher | Emerald Group Publishing Limited | en |
| dc.relation.uri | http://dx.doi.org/10.1108/14601061211272367 | |
| dc.rights | ©Emerald Group Publishing Limited | en |
| dc.subject | Eco-innovation | en |
| dc.subject | Environmental regulation | en |
| dc.subject | Firm performance | en |
| dc.subject | Ireland | en |
| dc.subject | Non Eco-innovation | en |
| dc.subject | Government regulation | en |
| dc.title | Regulation and firm perception, eco-innovation and firm performance | en |
| dc.type | Article (peer-reviewed) | en |
