Files

Abstract

The article aims to analyze the concept of eco-innovations emphasizing the motivations for implementing them, and effects of the eco-innovation process. The author presents the principal definitions of eco-innovations. Various motivations triggering eco-innovations are presented with a focus on regulatory and market factors. Entrepreneurs should be encouraged to adopt eco-innovations because they contribute to sustainable development which is the only way for a world that is challenged by global population growth, climate change, declining non-renewable resource stock, water shortages, and environmental degradation. The effects of eco-innovations can be both positive and negative. The main aim of eco-innovations is to decrease the environmental burdens of entrepreneurial activity. However, a new attitude towards eco-innovations emphasizes the role of economic returns and supplies security. The types of effects of environmentally friendly innovations discussed in the paper include environmental, technological, economic, social, cultural and managerial.

Details

Downloads Statistics

from
to
Download Full History