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Title:Brown sunsets and green dawns in the industrial sector: Environmental innovations, firm behavior and the European emission trading PDF Logo
Authors:Borghesi, Simone
Cainelli, Giulio
Mazzanti, Massimiliano
Issue Date:2012
Series/Report no.:Nota di lavoro, Fondazione Eni Enrico Mattei: Climate Change and Sustainable Development 03.2012
Abstract:We study the driving forces behind the adoption of environmental innovations (EI) in the Italian industry over 2006-2008 through analyses of the new wave of Community Innovation Survey (CIS) data that covered for the first time environmental innovation adoptions. We investigate whether the first phase of EU ETS has exerted some effects on environmental innovations by using a very large sample of italian manufcturing firms. Estimates show that external forces and complementarity with other management practices are particularly relevant to increase the adoption of relatively new and radical technologies: relationships with other firms and institutions, local public funding, group membership are the key factors. The role of ETS on EI seems instead to be weak: it drives innovation if we compare ETS and non ETS firms, but the stringency itself does not matter, due to sector idiosyncratic factors and to the fact that stability of policy also matters.
Subjects:Environmental Innovation
Industrial Sectors
ETS
Innovation Drivers
CIS Data
JEL:C21
L2
O33
Q38
Q55
Document Type:Working Paper
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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