Market-oriented environmental policies, environmental innovation, and firms’ performance
A grounded theory study and framework
Bibliographic Data
| ID | 21600216 |
|---|---|
| Authors | Zhongju Liao (0000-0003-1973-9860, Zhejiang Sci-Tech University), Yan Liu (0000-0002-1612-779X, Zhejiang Sci-Tech University), Zhixian Lu (0000-0001-6404-5230, Zhejiang University, corresponding author) |
| Year | 2023 |
| Volume | 66 |
| Issue | 8 |
| Pages | 1794-1811 |
| Publication date | 2023-07-03 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Environmental Planning and Management (JOURNAL) |
| Journal identifiers | ISSN: 0964-0568 • E-ISSN: 1360-0559 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/09640568.2022.2042219 |
| OpenAlex | W4280518814 |
| Language | EN |
| Citations received | 5 |
| References cited | 55 |
The use of market-oriented environmental policies to achieve a win-win situation for the economy and the environment has become the focus in many countries, and environmental innovation is an important way for firms to achieve dual benefits. However, the overall framework for market-based environmental policies, environmental innovation, and firms’ performance remains unclear. In order to reveal this relationship, this study selected 113 articles from the Zhejiang Daily as the research sample and adopted the grounded theory method to construct the theoretical framework. The results revealed that market-oriented environmental policies that were composed of incentive-based policy tools and constraint-based policy tools had a promotional effect on environmental innovation. Resource redundancy and government action, as internal and external contextual factors, moderated the relationship between market-oriented environmental policies and environmental innovation, and environmental innovation can promote improvements in a firm’s performance. This study provides a useful reference for how governments can better promote the construction of an ecological civilization and how firms can utilize policy opportunities to promote their green development, thus providing empirical evidence for future studies
Business · Economics · Empirical research · Environmental economics · Environmental management system · Environmental policy · Environmental scanning · Grounded theory · Incentive · Industrial organization · Microeconomics · Qualitative research · Engineering · Environmental Education and Sustainability · Environmental Sustainability in Business · Sustainable Supply Chain Management · Ecology
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The impact of environmental policy mix characteristics on green innovation efficiency
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The drivers of eco-innovation and its impact on performance
The impacts of government R&D subsidies on green innovation
Qualitative evaluation and research methods
Green process innovation, green product innovation, and corporate financial performance
Green innovation in technology and innovation management – an exploratory literature review
Green innovation to respond to environmental regulation
The Driver of Green Innovation and Green Image – Green Core Competence
The Influence of Green Innovation Performance on Corporate Advantage in Taiwan
The effects of three types of environmental regulation on eco-efficiency
Necessity as the mother of ‘green’ inventions
Enhancing corporate sustainable development
On the Measurement of Organizational Slack
The Discovery of Grounded Theory
Redefining innovation — eco-innovation research and the contribution from ecological economics
Environmental regulations, environmental governance efficiency and the green transformation of China's iron and steel enterprises
The Creation of Theory
Retracted
How scientific researchers form green innovation behavior
Carbon Taxes, Path Dependency, and Directed Technical Change
Transition to Clean Technology
Qualitative Analysis for Social Scientists
Grounded Theory
Toward a New Conception of the Environment-Competitiveness Relationship
| Citations per year | 1.67 |
|---|---|
| Citation span | 2023 - 2026 (4) |
| Highly cited | No |