Development and Commercialisation of Eco-Innovations by New Ventures

Centre for Technology Management (CTM) Working Paper, No. 2007/02

24 Pages Posted: 6 Sep 2011

See all articles by Nicola J. Dee

Nicola J. Dee

University of Cambridge - Institute for Manufacturing

Simon Ford

University of Cambridge - Centre for Technology Management

Elizabeth W. Garnsey

University of Cambridge - Judge Business School

Date Written: January 1, 2007

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.

Keywords: Eco-innovation, cleantech, innovation, commercialisation, barriers, business support, environmental innovation policy

JEL Classification: L23, L52, M13, O31

Suggested Citation

Dee, Nicky J. and Ford, Simon and Garnsey, Elizabeth W., Development and Commercialisation of Eco-Innovations by New Ventures (January 1, 2007). Centre for Technology Management (CTM) Working Paper, No. 2007/02, Available at SSRN: https://ssrn.com/abstract=1923106 or http://dx.doi.org/10.2139/ssrn.1923106

Nicky J. Dee (Contact Author)

University of Cambridge - Institute for Manufacturing ( email )

17 Charles Babbage Road
Cambridge, CB3 0FS
United Kingdom

HOME PAGE: http://www.ifm.eng.cam.ac.uk/people/nd248/

Simon Ford

University of Cambridge - Centre for Technology Management ( email )

Alan Reece Building
17 Charles Babbage Road
Cambridge, CB3 0FS
United Kingdom
+44(0)1223 766776 (Phone)

HOME PAGE: http://www.ifm.eng.cam.ac.uk/people/sjf39/

Elizabeth W. Garnsey

University of Cambridge - Judge Business School ( email )

Trumpington Street
Cambridge, CB2 1AG
United Kingdom
+44 (0) 1223 338183 (Phone)

HOME PAGE: http://www.jims.cam.ac.uk/people/faculty/garnseye.html

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