Public Funding Dynamics in Clean and Dirty Industries: An Empirical Analysis of the Effects of Eco‐Innovation, Cooperation, and Internationalization Strategies

Business Strategy and the Environment, Год журнала: 2025, Номер unknown

Опубликована: Март 18, 2025

ABSTRACT Over the past two decades, eco‐innovation (EI) has emerged as a priority for both national and international public authorities due to its potential drive sustainable development enhance resilience in business regional contexts. Based on thorough review of existing literature, this study assesses impact various EI strategies—categorized by their level proactivity—on acquisition funds compares them with other key strategies such R&D cooperation internationalization, which influence technical, economic, market feasibility innovations. Additionally, it investigates whether criteria funding allocation vary according industrial sector, distinguishing between clean dirty industries identified basis pollution levels. Using data from Spanish Technological Innovation Panel (PITEC) 2009 2016, shows that companies more proactive achieve higher levels funding. In industries, these are only facilitate access Strategies focused solely regulatory compliance do not show significant relationship ability secure funds. emerges crucial factor positively impacts across industries. Contrary expectations, adopting internationalization is negatively associated granting Robustness tests confirm expand findings, offering valuable insights fiscal policy formulation helping allay economic concerns related EI, cooperation, internationalization. The results can thus help increase companies' capacity attract new funds, guidance tailored sector activity.

Язык: Английский

Unlocking green startup investments: How environmental policy pressures drive Venture Capital funding decisions

Technological Forecasting and Social Change, Год журнала: 2025, Номер 217, С. 124158 - 124158

Опубликована: Май 1, 2025

Язык: Английский