IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxxiiiy2023i2p136-144.html
   My bibliography  Save this article

Eco-Innovation – Pioneer of the Green Economy in the Development of the Entrepreneurial Environment. Study Case: Eco-Innovation Performance across Post-Socialist Countries in Europe

Author

Listed:
  • Maria Orhean Vranceanu

    (”Stefan cel Mare” University of Suceava, Romania)

  • Ancuta Lucaci

    (”Stefan cel Mare” University of Suceava, Romania)

  • Carmen Eugenia Nastase

    (”Stefan cel Mare” University of Suceava, Romania)

Abstract

Innovation has the potential to increase the competitiveness and efficiency of economies. Environmental innovation helps companies improve the use of valuable resources and generate sustainable solutions that reduce the negative impact of the economy on the environment. In this paper, we provide a background on eco-innovation and methods to measure it. The purpose of this study is to underline the importance of eco-innovation for business reputation and to identify the main discrepancies between the post-socialist countries in terms of eco-innovation. Despite significant differences between countries and economic sectors, there are not enough companies implementing eco-innovation on the scale that is needed. Of all the post-socialist countries, the Czech Republic is the best practical example for eco-innovation activities. Despite the opportunities that environmental innovation presents to companies, more efforts are required to close the implementation gap.

Suggested Citation

  • Maria Orhean Vranceanu & Ancuta Lucaci & Carmen Eugenia Nastase, 2023. "Eco-Innovation – Pioneer of the Green Economy in the Development of the Entrepreneurial Environment. Study Case: Eco-Innovation Performance across Post-Socialist Countries in Europe," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 136-144, December.
  • Handle: RePEc:ovi:oviste:v:xxiii:y:2023:i:2:p:136-144
    as

    Download full text from publisher

    File URL: https://stec.univ-ovidius.ro/html/anale/ENG/wp-content/uploads/2024/02/16.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    eco-innovation; green economy; entrepreneurship; sustainability;
    All these keywords.

    JEL classification:

    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:xxiii:y:2023:i:2:p:136-144. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.