Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/334206 
Erscheinungsjahr: 
2021
Quellenangabe: 
[Journal:] Business, Management and Economics Engineering (BMEE) [ISSN:] 2669-249X [Volume:] 19 [Issue:] 2 [Year:] 2021 [Pages:] 212-228
Verlag: 
Vilnius Gediminas Technical University, Vilnius
Zusammenfassung: 
Development of innovation is recognised as a most powerful tool for the economic growth of countries. However, their effects on the quality of the environment are still being debated. To achieve sustainable development, eco-innovation becomes significant. EU countries expand eco-innovation activities, but it is not clear whether its development achieves the goal of economic growth and improves the quality of the environment. Purpose - to present how EU Member States perform in economic growth, environment and eco-innovation development and to evaluate eco-innovations impact on economic and environmental performance. Research methodology - the random effect regression was used for investigation relationship between eco-innovation, economic growth and environmental performance. Findings - eco-innovation development influences not only EU MS economic growth but also has a positive effect on environmental performance. Research limitations - eco-innovations development and economic growth can be interdepended, but this research investigates just one-way dependence. Granger causality test can be used for relationship assessment in the future. Practical implications - the research results can be used for both the development of environmental policy and the policy of business support for eco-innovation implementation. Originality/Value - study results confirmed previous assessment results on eco-innovation and economic growth and provided new knowledge of their effect on environmental performance.
Schlagwörter: 
innovations
eco-innovations
economic growth
environment
Eco-Innovation Index
Environmental Performance Index
JEL: 
O11
O31
050
051
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