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Identifying Endogenous and Exogenous Indicators to Measure Eco-Innovation within Clusters

Author

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  • Nohora Mercado-Caruso

    (Department of Management, Universitat Politécnica de Valencia, Spain, 46022 Valencia, Spain
    Departamento de Productividad e Innovación, Universidad de la Costa CUC, Barranquilla 080001, Colombia)

  • Marival Segarra-Oña

    (Department of Management, Universitat Politécnica de Valencia, Spain, 46022 Valencia, Spain)

  • David Ovallos-Gazabon

    (MacondoLab, Universidad Simón Bolívar, Barranquilla 080001, Colombia)

  • Angel Peiró-Signes

    (Department of Management, Universitat Politécnica de Valencia, Spain, 46022 Valencia, Spain)

Abstract

Scientific and business environment literature shows that green, sustainable innovation or eco-innovation has proven to be a source of competitive advantage today. The industrial clusters, their dynamism, and the synergies created within them attract a lot of attention from the scientific community. However, to date, the joint study of these two concepts and, more specifically, the factors that drive eco-innovation specifically in a cluster, have not been studied in depth. This article models eco-innovation in industrial clusters, thus addressing this gap and proposing a model based on information gathered from the literature and a detailed analysis of behavior in relation to eco-innovation in different sectors. Results suggest that including eco-innovation variables and measures may have positive implications such as improvements at the strategic level and the reduction of costs and use of resources. An eco-innovation model for clusters is proposed. It considers eight key factors that seek to raise its competitive level by promoting eco-innovation within clusters. The model includes five internal factors that analyze business capabilities and three external factors that study the effect of launching eco-innovative activities. This model could help the companies’ managers and those responsible for clusters in creating more successful strategies to increase competitiveness by enhancing eco-innovation. It could also serve as a guide for government entities in the performance of eco-innovative activities in economic sectors.

Suggested Citation

  • Nohora Mercado-Caruso & Marival Segarra-Oña & David Ovallos-Gazabon & Angel Peiró-Signes, 2020. "Identifying Endogenous and Exogenous Indicators to Measure Eco-Innovation within Clusters," Sustainability, MDPI, vol. 12(15), pages 1-20, July.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:15:p:6088-:d:391375
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    5. Martha Orellano & Christine Lambey-Checchin & Khaled Medini & Gilles Neubert, 2021. "A Methodological Framework to Support the Sustainable Innovation Development Process : A Collaborative Approach," Post-Print hal-03341881, HAL.
    6. Agyemang Rama & Shuangying Chen & Konan Martin, 2023. "Psychological Factors Influencing Entrepreneur’s Hometown Identity in Relation to Eco-Innovation," International Journal of Business and Management, Canadian Center of Science and Education, vol. 18(2), pages 1-87, June.
    7. Martha Orellano & Christine Lambey-Checchin & Khaled Medini & Gilles Neubert, 2021. "A Methodological Framework to Support the Sustainable Innovation Development Process: A Collaborative Approach," Sustainability, MDPI, vol. 13(16), pages 1-18, August.
    8. Han, Myat Su & Chen, Weiming, 2021. "Determinants of eco-innovation adoption of small and medium enterprises: An empirical analysis in Myanmar," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    9. Jacek Wysocki & Pawel Dec, 2021. "Pro-Ecological Initiatives and Profitability of Manufacturing Enterprises," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 57-74.
    10. Onea Ioana Alexandra, 2020. "Innovation Indicators and the Innovation Process - Evidence from the European Innovation Scoreboard," Management & Marketing, Sciendo, vol. 15(4), pages 605-620, December.

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