
Business Strategy and the Environment, Год журнала: 2025, Номер unknown
Опубликована: Март 28, 2025
ABSTRACT This paper presents an exploration of how regional environmental protection investments (EPIs) and cluster ecosystems affect the innovation performance research development (R&D) firms versus non‐R&D across regions in Germany. We develop a conceptual framework to elucidate relationship between EPIs, ecosystems, R&D decisions, firms. test this by employing ordinary least squares (OLS) fixed effect regressions analyze unique sample panel data from ORBIS DESTATIS for period 2009–2017. find that which there are higher outperform their counterparts terms intangible assets formation. also ecosystem firm is contingent on engagement specific types EPIs. Additional insights reveal spillover effects belonging business clusters at same time, proximity geographical areas populated numbers other constituents. The results study contribute our nascent understanding hold important implications policymakers formulate effective policies promote innovation.
Язык: Английский