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Development and Commercialisation of Eco-Innovations by New VenturesNicola J. DeeUniversity of Cambridge - Institute for Manufacturing Simon FordUniversity of Cambridge - Centre for Technology Management Elizabeth W. GarnseyUniversity of Cambridge - Judge Business School January 1, 2007 Centre for Technology Management (CTM) Working Paper, No. 2007/02 Abstract: This paper investigates opportunities and obstacles facing new environmental ventures. It does so first through a review of prior work on the growth of new ventures, then through an examination of new empirical research from the UK. Evidence from a database of 73 micro-SMEs allows a comparison between different environmental sectors and identifies obstacles particular to each sector which affect the ability of new ventures to create and capture value. Richer detail is then gained through nine case-profiles. These investigate the role of access to finance and business support in venture growth, along with how new ventures perceive opportunities and obstacles in the innovation process. By way of conclusion we identify some of the implications for environmental innovation policy that emerge from analysis of this data.
Number of Pages in PDF File: 24 Keywords: Eco-innovation, cleantech, innovation, commercialisation, barriers, business support, environmental innovation policy JEL Classification: L23, L52, M13, O31 working papers seriesDate posted: September 6, 2011Suggested CitationContact Information
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