Eco-innovation measurement: A review of firm performance indicators

Increased awareness on sustainability has influenced business organizations to improve their environmental performance and efficiency. In this context, eco-innovation implementation is positioned as a target for organizations to be more sustainable in order to reduce negative externalities and reach...

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Main Authors: García-Granero, Eva M., Piedra-Muñoz, Laura, Galdeano-Gómez, Emilio
Format: info:eu-repo/semantics/article
Language:English
Published: Elsevier 2023
Online Access:http://hdl.handle.net/10835/14644
https://doi.org/10.1016/j.jclepro.2018.04.215
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author García-Granero, Eva M.
Piedra-Muñoz, Laura
Galdeano-Gómez, Emilio
author_facet García-Granero, Eva M.
Piedra-Muñoz, Laura
Galdeano-Gómez, Emilio
author_sort García-Granero, Eva M.
collection DSpace
description Increased awareness on sustainability has influenced business organizations to improve their environmental performance and efficiency. In this context, eco-innovation implementation is positioned as a target for organizations to be more sustainable in order to reduce negative externalities and reach governments’ green requirements and consumers’ demands. The aim of this paper is to provide a critical review of literature on eco-innovation performance indicators. This study identifies the 30 firm performance indicators most cited by researchers and classifies them into four different green innovation types, i.e. product, process, organizational and marketing. A substantial gap has been found throughout the literature on this issue as studies do not include a complete combination of the key performance indicators across the four types of eco-innovation. This information is necessary to obtain an accurate measurement of eco-innovation level and it is useful to companies and stakeholders for performance evaluation. Moreover, understanding which performance indicators are more suitable for measuring the level of environmental innovation affords governments the possibility to draft policies that encourage companies to be more sustainable and firms to implement green practices in a more efficient way.
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spelling oai:repositorio.ual.es:10835-146442023-11-07T10:53:29Z Eco-innovation measurement: A review of firm performance indicators García-Granero, Eva M. Piedra-Muñoz, Laura Galdeano-Gómez, Emilio Increased awareness on sustainability has influenced business organizations to improve their environmental performance and efficiency. In this context, eco-innovation implementation is positioned as a target for organizations to be more sustainable in order to reduce negative externalities and reach governments’ green requirements and consumers’ demands. The aim of this paper is to provide a critical review of literature on eco-innovation performance indicators. This study identifies the 30 firm performance indicators most cited by researchers and classifies them into four different green innovation types, i.e. product, process, organizational and marketing. A substantial gap has been found throughout the literature on this issue as studies do not include a complete combination of the key performance indicators across the four types of eco-innovation. This information is necessary to obtain an accurate measurement of eco-innovation level and it is useful to companies and stakeholders for performance evaluation. Moreover, understanding which performance indicators are more suitable for measuring the level of environmental innovation affords governments the possibility to draft policies that encourage companies to be more sustainable and firms to implement green practices in a more efficient way. 2023-11-07T10:53:29Z 2023-11-07T10:53:29Z 2018-08-01 info:eu-repo/semantics/article García-Granero, E.M., Piedra-Muñoz, L. (AC), Galdeano-Gómez, E., 2018. Eco-innovation measurement: A review of firm performance indicators, Journal of Cleaner Production, 191: 304-317, doi:10.1016/j.jclepro.2018.04.215 1879-1786 0959-6526 http://hdl.handle.net/10835/14644 https://doi.org/10.1016/j.jclepro.2018.04.215 en https://www.sciencedirect.com/science/article/abs/pii/S0959652618312514 Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess Elsevier Elsevier Ltd. All rights reserved. Published in Journal of Cleaner Production, 191 (2018), 304-317
spellingShingle García-Granero, Eva M.
Piedra-Muñoz, Laura
Galdeano-Gómez, Emilio
Eco-innovation measurement: A review of firm performance indicators
title Eco-innovation measurement: A review of firm performance indicators
title_full Eco-innovation measurement: A review of firm performance indicators
title_fullStr Eco-innovation measurement: A review of firm performance indicators
title_full_unstemmed Eco-innovation measurement: A review of firm performance indicators
title_short Eco-innovation measurement: A review of firm performance indicators
title_sort eco-innovation measurement: a review of firm performance indicators
url http://hdl.handle.net/10835/14644
https://doi.org/10.1016/j.jclepro.2018.04.215
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