Journal
JOURNAL OF CLEANER PRODUCTION
Volume 204, Issue -, Pages 258-269Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.jclepro.2018.08.320
Keywords
Eco-innovation; Financial resources management; Cleaner production corporate finance; Resource-based view; Circular economy
Categories
Funding
- Ministry of Economy, Industry and Competitiveness [ECO2013-45599-R]
- [ECO2016-74920-C2-1-R]
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Despite the growing number of studies on eco-innovation, the measurement of the specific financial resources applied to the eco-innovation process by firms and its internal management have not been thoroughly elucidated to date. Therefore, the main objectives of this study is to define, classify, and measure different dimensions of financial resources applied to eco-innovation by firms and to analyse the influence of business' technological and environmental management capabilities in the efficient allocation of these resources to undertake investments in eco-innovation. Resource amounts and their quality, availability and public nature are measured using a novel approach that addresses the study of their different aspects as a whole. A partial least square structural equation model (PLS-SEM) on a sample of Spanish companies shows that different dimensions of financial resources influence the eco-innovative investment and the internal management of eco-innovation. (C) 2018 Elsevier Ltd. All rights reserved.
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