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Four types of eco-innovation for Baltic firms

Author

Listed:
  • Antonella Biscione
  • Annunziata de Felice
  • Teodoro Gallucci
  • Giovanni Lagioia

Abstract

Using the Community Innovation Survey data, in this paper we explore the external and internal drivers influencing the four types of eco-innovation in the Baltic manufacturing sector. For this purpose, we estimate a quadrivariate probit model to reveal potential complementarities across the four types of eco-innovation and identify the differences among sectors and countries. The empirical findings show that: i) some factors such as future eco-policies and voluntary actions are significant for most categories eco-innovation; ii) cost saving is the main driver for the eco-process; iii) government grants, subsidies or other financial incentives and current regulation are never significant and finally iv) cooperation is a crucial driving factor for the productive process.

Suggested Citation

  • Antonella Biscione & Annunziata de Felice & Teodoro Gallucci & Giovanni Lagioia, 2022. "Four types of eco-innovation for Baltic firms," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 196-212, December.
    • Handle: RePEc:taf:reroxx:v:35:y:2022:i:1:p:196-212
    DOI: 10.1080/1331677X.2021.1889393
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