The influence of eco-innovation on high-performing firms: The dynamics of productivity in the context of circular economy

This paper analyses the influence of eco-innovation on the dynamics of firm performance in the context of a circular economy. From a firm-level approach, we investigate whether firms whose innovation strategies simultaneously aim at significant reductions in material and energy consumption and high...

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Detalles Bibliográficos
Autores: Corcoles González, David, Triguero Cano, Ángela
Tipo de recurso: artículo
Fecha de publicación:2025
País:España
Institución:Universidad de Castilla-La Mancha
Repositorio:RUIdeRA. Repositorio Institucional de la UCLM
OAI Identifier:oai:ruidera.uclm.es:10578/46715
Acceso en línea:https://doi.org/10.1016/j.iedeen.2025.100275
https://hdl.handle.net/10578/46715
Access Level:acceso abierto
Palabra clave:Circular economy
Eco-innovation
Matching techniques
Persistence of labour productivity
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spelling The influence of eco-innovation on high-performing firms: The dynamics of productivity in the context of circular economyCorcoles González, DavidTriguero Cano, ÁngelaCircular economyEco-innovationMatching techniquesPersistence of labour productivityThis paper analyses the influence of eco-innovation on the dynamics of firm performance in the context of a circular economy. From a firm-level approach, we investigate whether firms whose innovation strategies simultaneously aim at significant reductions in material and energy consumption and high environmental awareness (circular eco-innovators) have a higher probability of both reaching (entry) and remaining (persistence) in the group of high-performing firms (top of high-productivity firms). The sample data are from a panel of Spanish manufacturing firms for the period 2003–2016. To deal with endogeneity problems, a two-step methodology is used combining survival models and matching techniques. The results show higher firm productivity for circular eco-innovators at entry and persistence in the upper part of the productivity distribution. The study concludes that circular eco-innovations effectively promote more persistent and resilient performance in Spanish manufacturing firms.Elsevier202620262025info:eu-repo/semantics/articleapplication/pdfapplication/pdfhttps://doi.org/10.1016/j.iedeen.2025.100275https://hdl.handle.net/10578/46715reponame:RUIdeRA. Repositorio Institucional de la UCLMinstname:Universidad de Castilla-La ManchaInglésMICIU/AEI /10.13039/501100011033PID2023- 151882OB-I002022-GRIN-34135info:eu-repo/semantics/openAccessoai:ruidera.uclm.es:10578/467152026-05-27T07:36:41Z
dc.title.none.fl_str_mv The influence of eco-innovation on high-performing firms: The dynamics of productivity in the context of circular economy
title The influence of eco-innovation on high-performing firms: The dynamics of productivity in the context of circular economy
spellingShingle The influence of eco-innovation on high-performing firms: The dynamics of productivity in the context of circular economy
Corcoles González, David
Circular economy
Eco-innovation
Matching techniques
Persistence of labour productivity
title_short The influence of eco-innovation on high-performing firms: The dynamics of productivity in the context of circular economy
title_full The influence of eco-innovation on high-performing firms: The dynamics of productivity in the context of circular economy
title_fullStr The influence of eco-innovation on high-performing firms: The dynamics of productivity in the context of circular economy
title_full_unstemmed The influence of eco-innovation on high-performing firms: The dynamics of productivity in the context of circular economy
title_sort The influence of eco-innovation on high-performing firms: The dynamics of productivity in the context of circular economy
dc.creator.none.fl_str_mv Corcoles González, David
Triguero Cano, Ángela
author Corcoles González, David
author_facet Corcoles González, David
Triguero Cano, Ángela
author_role author
author2 Triguero Cano, Ángela
author2_role author
dc.subject.none.fl_str_mv Circular economy
Eco-innovation
Matching techniques
Persistence of labour productivity
topic Circular economy
Eco-innovation
Matching techniques
Persistence of labour productivity
description This paper analyses the influence of eco-innovation on the dynamics of firm performance in the context of a circular economy. From a firm-level approach, we investigate whether firms whose innovation strategies simultaneously aim at significant reductions in material and energy consumption and high environmental awareness (circular eco-innovators) have a higher probability of both reaching (entry) and remaining (persistence) in the group of high-performing firms (top of high-productivity firms). The sample data are from a panel of Spanish manufacturing firms for the period 2003–2016. To deal with endogeneity problems, a two-step methodology is used combining survival models and matching techniques. The results show higher firm productivity for circular eco-innovators at entry and persistence in the upper part of the productivity distribution. The study concludes that circular eco-innovations effectively promote more persistent and resilient performance in Spanish manufacturing firms.
publishDate 2025
dc.date.none.fl_str_mv 2025
2026
2026
dc.type.none.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://doi.org/10.1016/j.iedeen.2025.100275
https://hdl.handle.net/10578/46715
url https://doi.org/10.1016/j.iedeen.2025.100275
https://hdl.handle.net/10578/46715
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv MICIU/AEI /10.13039/501100011033
PID2023- 151882OB-I00
2022-GRIN-34135
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Elsevier
publisher.none.fl_str_mv Elsevier
dc.source.none.fl_str_mv reponame:RUIdeRA. Repositorio Institucional de la UCLM
instname:Universidad de Castilla-La Mancha
instname_str Universidad de Castilla-La Mancha
reponame_str RUIdeRA. Repositorio Institucional de la UCLM
collection RUIdeRA. Repositorio Institucional de la UCLM
repository.name.fl_str_mv
repository.mail.fl_str_mv
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