Innovation adoption and diffusion by firms are key pillars for the EU strategy on resource efficiency and the development of a circular economy. This paper presents new EU evidence regarding the role of environmental policy and green demand drivers to sustain the adoption of resource efficiency-oriented eco-innovations. Using a large cross-section dataset of EU firms and accounting for sample selection and endogeneity, the results strongly support the idea that environmental policy and demand-side factors are both significant in driving the adoption of innovations that promote recycling, reduce waste and decrease the use of materials. The paper provides a relevant piece of new, quantitative-based knowledge, which complements the large case study-based evidence on sound management and policy strategies for the circular economy.

Resource efficient eco-innovations for a circular economy: Evidence from EU firms

Mazzanti, Massimiliano
Ultimo
2020

Abstract

Innovation adoption and diffusion by firms are key pillars for the EU strategy on resource efficiency and the development of a circular economy. This paper presents new EU evidence regarding the role of environmental policy and green demand drivers to sustain the adoption of resource efficiency-oriented eco-innovations. Using a large cross-section dataset of EU firms and accounting for sample selection and endogeneity, the results strongly support the idea that environmental policy and demand-side factors are both significant in driving the adoption of innovations that promote recycling, reduce waste and decrease the use of materials. The paper provides a relevant piece of new, quantitative-based knowledge, which complements the large case study-based evidence on sound management and policy strategies for the circular economy.
2020
Cainelli, Giulio; D'Amato, Alessio; Mazzanti, Massimiliano
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11392/2413936
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