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Does the Eco‐Management and Audit Scheme Foster Innovation in European Firms?

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  • Fabio Montobbio
  • Ilaria Solito

Abstract

This paper studies whether environmental management systems can spur eco‐innovation, analyzing EMAS (Eco‐Management and Audit Scheme) adoption and patented innovations (at the European Patent Office) at firm level. It uses an original panel database of 30 439 European firms belonging to all sectors from 2003 to 2012. An original instrumental variable is implemented to control for potential endogeneity. The analysis reveals that EMAS adoption is conducive to more innovation at the firm level. The results vary across countries and sectors. In particular, EMAS is positively related to green patents for medium and low technology manufacturing. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment

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  • Fabio Montobbio & Ilaria Solito, 2018. "Does the Eco‐Management and Audit Scheme Foster Innovation in European Firms?," Business Strategy and the Environment, Wiley Blackwell, vol. 27(1), pages 82-99, January.
    • Handle: RePEc:bla:bstrat:v:27:y:2018:i:1:p:82-99
    DOI: 10.1002/bse.1986
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    6. Francesco Aiello & Paola Cardamone & Lidia Mannarino & Valeria Pupo, 2021. "Green patenting and corporate social responsibility: Does family involvement in business matter?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(4), pages 1386-1396, July.
    7. Artitzar Erauskin‐Tolosa & Eugenio Zubeltzu‐Jaka & Iñaki Heras‐Saizarbitoria & Olivier Boiral, 2020. "ISO 14001, EMAS and environmental performance: A meta‐analysis," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1145-1159, March.
    8. Tingting Li & Dan Zhao & Guiyun Liu & Yuhong Wang, 2022. "How to Evaluate College Students’ Green Innovation Ability—A Method Combining BWM and Modified Fuzzy TOPSIS," Sustainability, MDPI, vol. 14(16), pages 1-17, August.
    9. Lorenzo Ardito & Antonio Messeni Petruzzelli & Federica Pascucci & Enzo Peruffo, 2019. "Inter‐firm R&D collaborations and green innovation value: The role of family firms' involvement and the moderating effects of proximity dimensions," Business Strategy and the Environment, Wiley Blackwell, vol. 28(1), pages 185-197, January.
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    12. Wilmer Rivas-Asanza & Jennifer Celleri-Pacheco & Javier Andrade-Garda & Rafael García-Vázquez & Virginia Mato-Abad & Santiago Rodríguez-Yáñez & Sonia Suárez-Garaboa, 2018. "Environmental Sustainability in Information Technologies Governance," Sustainability, MDPI, vol. 10(12), pages 1-25, December.
    13. Nazaria Solferino, 2020. "An Italian Case-Study Of Eco-Innovations: Drivers And Barriers For Smes In Calabria," Working Papers 202004, Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF.
    14. Iñaki Heras‐Saizarbitoria & Olivier Boiral & Alberto Díaz de Junguitu, 2020. "Environmental management certification and environmental performance: Greening or greenwashing?," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2829-2841, September.
    15. Christin Seifert & Edeltraud Guenther, 2020. "Who cares?—Stakeholder relevance for voluntary environmental management in hospitals," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(4), pages 1786-1799, July.
    16. Hartmann, Julia & Inkpen, Andrew & Ramaswamy, Kannan, 2022. "An FsQCA exploration of multiple paths to ecological innovation adoption in European transportation," Journal of World Business, Elsevier, vol. 57(5).
    17. Luca Marrucci & Tiberio Daddi, 2022. "The contribution of the Eco‐Management and Audit Scheme to the environmental performance of manufacturing organisations," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1347-1357, May.

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