The Influence of State‐Ownership on Eco‐Innovations in Russian Manufacturing Firms

15 Pages Posted: 24 Sep 2018

See all articles by Vitaliy Roud

Vitaliy Roud

National Research University Higher School of Economics

Thomas Thurner

National Research University Higher School of Economics

Date Written: October 2018

Abstract

This paper studies drivers for eco‐innovation in Russian manufacturing firms on a sample of 2,212 innovative firms, of which over 600 introduced eco‐innovations. The companies in our sample specifically mention environmental regulation as a reason for engaging in eco‐innovations. Furthermore, we show that those firms who engage in eco‐innovations are motivated even stronger by the desire to increase resource efficiency. Companies under state ownership are especially prone to a higher likelihood to invest. We conclude that regulations are mostly relevant to the late comers who are obliged to follow minimum standards. On the other hand, the state uses its controlling influence to press companies under their control to exceed these minimum standards. Thus, we argue, state ownership does indeed have an influence on both the likelihood to eco‐innovate and on the levels of spending. Eco‐innovative state‐owned companies are only prone to invest in eco‐innovations, if they get additional money.

Keywords: eco‐innovation, greening of production, industrial ecology, manufacturing, Russia, state‐owned enterprises

Suggested Citation

Roud, Vitaliy and Thurner, Thomas, The Influence of State‐Ownership on Eco‐Innovations in Russian Manufacturing Firms (October 2018). Journal of Industrial Ecology, Vol. 22, Issue 5, pp. 1213-1227, 2018, Available at SSRN: https://ssrn.com/abstract=3253270 or http://dx.doi.org/10.1111/jiec.12643

Vitaliy Roud (Contact Author)

National Research University Higher School of Economics ( email )

Myasnitskaya street, 20
Moscow, Moscow 119017
Russia

Thomas Thurner

National Research University Higher School of Economics ( email )

Myasnitskaya street, 20
Moscow, Moscow 119017
Russia

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