The Impact of Eco-Innovation on Performance Through the Measurement of Financial Resources and Green Patents

[We’re pleased to welcome authors Luz María Marín-Vinuesa of the University of La Rioja, Sabina Scarpellini of the University of Zaragoza, Pilar Portillo-Tarragona of the University of Zaragoza , and José M. Moneva
of the University of Zaragoza. They recently published an article in Organization & Environment entitled “The Impact of Eco-Innovation on Performance Through the Measurement of Financial Resources and Green Patents,” which is currently free to read for a limited time. Below, they reflect on the contribution of their research:]

The paper contributes to the academic knowledge about eco-innovation in firms, its measurement and decision-making processes. This study tries to deepen the specific knowledge of the internal factors of eco-innovative companies that could have an impact on their financial performance, within the RBV framework. The objective is to define if financial resources are part of the range of those strategic, unique and inimitable resources that influence the eco-innovation level of a company, and therefore its performance.

Eco-innovation is positively related to the amount of financial resources allocated to the eco-innovative activity. A positive relationship between the cost saving obtained through eco- investments and the eco-innovation level in firms is also demonstrated. Results suggest that there is a positive relation between the level of eco-innovation performed by companies and their financial performance, which is an empirical contribution regarding the debate about the specific impact of eco-innovation.

The relevance of specific financial resources for eco-innovation points out new lines of inquire about their different dimensions, such as their quality, availability and (public nature) other qualitative aspects, and the influence of the firms’ capabilities in the efficient allocation of these resources to undertake investments in eco-innovation.

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This entry was posted in Environmental and Social Issues, Organizational Behavior by Cynthia Nalevanko, Senior Editor, SAGE Publishing. Bookmark the permalink.

About Cynthia Nalevanko, Senior Editor, SAGE Publishing

Founded in 1965, SAGE is the world’s leading independent academic and professional publisher. Known for our commitment to quality and innovation, SAGE has helped inform and educate a global community of scholars, practitioners, researchers, and students across a broad range of subject areas. With over 1500 employees globally from principal offices in Los Angeles, London, New Delhi, Singapore, Washington DC, and Melburne, our publishing program includes more than 1000 journals and over 900 books, reference works and databases a year in business, humanities, social sciences, science, technology and medicine. Believing passionately that engaged scholarship lies at the heart of any healthy society and that education is intrinsically valuable, SAGE aims to be the world’s leading independent academic and professional publisher. This means playing a creative role in society by disseminating teaching and research on a global scale, the cornerstones of which are good, long-term relationships, a focus on our markets, and an ability to combine quality and innovation. Leading authors, editors and societies should feel that SAGE is their natural home: we believe in meeting the range of their needs, and in publishing the best of their work. We are a growing company, and our financial success comes from thinking creatively about our markets and actively responding to the needs of our customers.

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