Determinants of Green Innovations: Firm-Level Evidence

55 Pages Posted: 17 Dec 2019

See all articles by Iulia Siedschlag

Iulia Siedschlag

Economic and Social Research Institute Dublin; Trinity College Dublin - Department of Economics

Stefano Meneto

Economic and Social research Institute

Manuel Tong Koeckling

Economic and Social Research Institute (ESRI)

Date Written: November 16, 2019

Abstract

This paper examines determinants of firms’ innovations with environmental benefits. Using micro-data from Ireland, we identify and quantify the impact of environmental regulations, innovation-inputs, firm-specific characteristics, spillovers from other green innovators, public funding and innovation co-operations on the propensity of firms to introduce innovations with environmental benefits. In addition, the analysis distinguishes innovations with environmental benefits within the enterprise and innovations with environmental benefits for the final consumer as well as different innovations by type of environmental impact within these two broad categories of green innovations. The results indicate that environmental regulations, in-house R&D and acquisition of capital assets are crucially important as drivers of green innovations.

Keywords: Innovations With Environmental Benefits, Firm Behaviour, Environmental Regulations, Multinational Activity

JEL Classification: D22, F23, L51, Q55

Suggested Citation

Siedschlag, Iulia and Meneto, Stefano and Tong Koeckling, Manuel, Determinants of Green Innovations: Firm-Level Evidence (November 16, 2019). Available at SSRN: https://ssrn.com/abstract=3495884 or http://dx.doi.org/10.2139/ssrn.3495884

Iulia Siedschlag (Contact Author)

Economic and Social Research Institute Dublin ( email )

Whitaker Square
Sir John's Rogerson Quay
Dublin
Ireland

Trinity College Dublin - Department of Economics ( email )

Dublin
Ireland

Stefano Meneto

Economic and Social research Institute ( email )

Whitaker square Sir john Rogerson's Quay
Dublin 2
Dublin
Ireland

Manuel Tong Koeckling

Economic and Social Research Institute (ESRI) ( email )

Whitaker square Sir john Rogerson's Quay
Dublin 2
Dublin
Ireland

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