Firms, Finance and Sustainable Transitions The Financial Constraints of Eco-Innovation Companies

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Edgardo Sica, "Firms, Finance and Sustainable Transitions: The Financial Constraints of Eco-Innovation Companies"
English | ISBN: 1788111818 | 2018 | 176 pages | EPUB | 3 MB
This thought-provoking book introduces a financial economics perspective to the topic of eco-innovations and, more generally, sociotechnical transitions. It develops a model that illustrates how financial constraints can prevent the development of eco-innovations within companies and hinder the transition process towards a more sustainable regime.

Edgardo Sica presents a review of the state of the art, as well as new data from original surveys aimed at testing the impact of financial constraints on eco-innovative decisions at radical and niche levels. He proposes a definitive conceptualisation of eco-innovations while stressing the relevance of the environmental performance of innovations, rather than the environmental motivation of the innovators. Through the use of a unique multilevel perspective model, the book critically analyses the extent to which financial constraints can hinder eco-innovative decisions, thereby crucially filling a gap in the current literature on eco-innovations.
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