Business Strategies and Capacities for Eco-Innovation

25 Pages Posted: 14 Mar 2012

See all articles by Pablo del Río

Pablo del Río

Independent

Javier Carrillo-Hermosilla

University of Alcala, School of Economic and Business Sciences

Totti Könnölä

Fundación Instituto de Empresa, S.L. - IE Business School

Mercedes Bleda

Manchester Institute of Innovation Research

Date Written: December 13, 2011

Abstract

The existing literature on the uptake of eco-innovations has generally focused on analyzing the influence of business strategies and external drivers (public policy and stakeholder impacts) in innovation processes in firms. Internal factors to the firm, (i.e. in-house resources, firm characteristics and capabilities), which have been shown to be important drivers of business strategies and innovation performance, are seldom considered in the literature. This paper builds an integrated framework that incorporates the impact of firm’s internal factors and their interactions with external drivers on the development and adoption of eco-innovations. The relevance of these factors regarding several dimensions of eco-innovation is illustrated with case studies. It is shown that, while all capabilities are relevant for the development and uptake of eco-innovations, their relative relevance differs between different dimensions of eco-innovation.

Keywords: eco-innovation, resources, capabilities, environmental strategy

Suggested Citation

del Río, Pablo and Carrillo-Hermosilla, Javier and Könnölä, Totti and Bleda, Mercedes, Business Strategies and Capacities for Eco-Innovation (December 13, 2011). Instituto de Empresa Business School Working Paper No. EC8-124-I, Available at SSRN: https://ssrn.com/abstract=2021289 or http://dx.doi.org/10.2139/ssrn.2021289

Javier Carrillo-Hermosilla

University of Alcala, School of Economic and Business Sciences ( email )

Plaza de la Victoria s/n
Alcala de Henares, Madrid 28802
Spain

Totti Könnölä

Fundación Instituto de Empresa, S.L. - IE Business School ( email )

Calle Maria de Molina 12, Bajo
Madrid, Madrid 28006
Spain

Mercedes Bleda

Manchester Institute of Innovation Research ( email )

Booth Street West
Manchester, M15 6PB
United Kingdom

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