Closing the loop through eco-innovation by European firms:

The purpose of this paper is to analyze the factors influencing the adoption of environmental innovations towards a circular economy (CE) by the EU firms, with special focus on technological capabilities and external support. A multivariate probit model is specified to allow the distinction between...

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Detalles Bibliográficos
Autores: Triguero Cano, Ángela, Cuerva Narro, María del Carmen, Sáez Martínez, Francisco José
Tipo de recurso: artículo
Fecha de publicación:2022
País:España
Institución:Universidad de Castilla-La Mancha
Repositorio:RUIdeRA. Repositorio Institucional de la UCLM
OAI Identifier:oai:ruidera.uclm.es:10578/36601
Acceso en línea:https://hdl.handle.net/10578/36601
Access Level:acceso abierto
Palabra clave:Circular economy
Eco-innovation
Knowledge network
Open innovation
Recycling
Redesign
Descripción
Sumario:The purpose of this paper is to analyze the factors influencing the adoption of environmental innovations towards a circular economy (CE) by the EU firms, with special focus on technological capabilities and external support. A multivariate probit model is specified to allow the distinction between three types of eco-innovative practices: Reduce, Recycle, and Redesign technological processes. Using a novel taxonomy based upon the distinction between narrowing, closing, and slowing loops in the use of resources, we find that financial and technological capabilities are essential drivers for all types of CE actions in the European firms.