Title: Long-term impacts of environmental policy and eco-innovative activities of firms

Authors: Klaus Rennings, Sascha Rexhauser

Addresses: Department of Environmental and Resource Economics, L7, 1, Mannheim 68161, Germany. ' Department of Environmental and Resource Economics, L7, 1, Mannheim 68161, Germany

Abstract: This paper analyses two aspects of environmental regulations triggered by eco-innovations. Firstly, whether there are long-term effects of regulation on innovation. Secondly, whether the impact of different types of regulation differ by type of the environmental benefit of the innovations. To answer these questions, this paper uses firm-level data from the German part of the Community Innovation Survey 2009, in which companies were asked to cite the respective regulations to be responsive for the firms| introduced environmental-related innovations. Regulations quoted by firms are classified into several policy types and also the age the respective regulations are calculated. We find evidence for long-term effects of environmental regulation on innovation. Furthermore, different types of regulations varied with respect to their impact on several environmental benefits of innovations.

Keywords: environmental policies; environmental innovation; innovation surveys; long-term impacts; eco-innovation; ecology; environmental regulations; environmental benefits; firm-level data; Germany; Community Innovation Survey; policy types; laws; legislation; new product development; NPD; regulatory frameworks; technology; management.

DOI: 10.1504/IJTPM.2011.042087

International Journal of Technology, Policy and Management, 2011 Vol.11 No.3/4, pp.274 - 290

Published online: 31 Mar 2015 *

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