Can hurricanes drive green innovations?

The impact of green innovation initiatives on competitiveness and financial performance of the land transport industry

“…Governments institute ERs to ensure that business owners will adhere to ecological conservation and protection, regardless of the type of business being operated. ERs positively affect green innovation initiatives [ 12 , 43 ] and are an external institutional driver that positively influences green process innovation and technological innovation [ 38 ]. The cost and penalty for violating ERs are driving forces to organizations since it entails financial implications and reputational damage.…”