2017
DOI: 10.3846/16111699.2017.1381146
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Developing Eco-Innovation in Business Practice in Slovakia

Abstract: The paper presents the analyses and evaluates the current state of implementation of eco-innovation in the most energy-intensive sectors in Slovakia and also compares the eco-innovation performance of EU countries. Furthermore, it identifies the economic and environmental benefits from which businesses can profit following the introduction of this type of eco-innovation; it confirms the relationship between investments in environmental technologies and increasing sales of ecological products and services and i… Show more

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Cited by 12 publications
(13 citation statements)
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“…Cooperation with universities is essential to achieve more radical innovations (del Rio et al , 2015) as they allow companies to upgrade their internal technological capabilities while reducing the risk inherent in innovation activities (Scarpellini et al , 2017). Because of these benefits, different studies attest that cooperation with universities and research centers has a positive effect on eco-innovation development (Triguero et al , 2016; Vicianova et al , 2017; Zubeltzu-Jaka et al , 2018). However, there is also evidence of little participation of universities in eco-innovation development (Duran-Romero and Urraca-Ruiz, 2015), which may be justified by the distinct objectives between universities and companies.…”
Section: Interorganizational Cooperation and Eco-innovationmentioning
confidence: 99%
“…Cooperation with universities is essential to achieve more radical innovations (del Rio et al , 2015) as they allow companies to upgrade their internal technological capabilities while reducing the risk inherent in innovation activities (Scarpellini et al , 2017). Because of these benefits, different studies attest that cooperation with universities and research centers has a positive effect on eco-innovation development (Triguero et al , 2016; Vicianova et al , 2017; Zubeltzu-Jaka et al , 2018). However, there is also evidence of little participation of universities in eco-innovation development (Duran-Romero and Urraca-Ruiz, 2015), which may be justified by the distinct objectives between universities and companies.…”
Section: Interorganizational Cooperation and Eco-innovationmentioning
confidence: 99%
“…Also, a vital resource is an energy, which demand is growing rapidly, cannot be wasted -it should be converted or dissipated (Tseng et al, 2018). Moreover, green innovation can improve organizational processes as well as products, which lead to economic and environmental performance (Shafique et al, 2017) and provide the economic and environmental benefits from which businesses can profit following the introduction of eco-innovations (Hroncova Vicianova et al, 2017). Overall, non-recyclable waste should be a rare issue and should appear only if this is under the law of nature.…”
Section: The Replacement Of Linear Economy By Circular Economymentioning
confidence: 99%
“…However, the results show, that the share of SMEs re-designing their products and services to minimize material inputs and to use recycled materials more efficiently is still in Slovakia low. Thought the SMEs have indicated as the main issue they encountered with regard to undertaking eco-innovation activities the financial reasons (cost of meeting regulations and standards and accessing the finance), in many cases it is a matter of their environmental beliefs (Hroncova, Vicianova, 2017).…”
Section: Sk Eumentioning
confidence: 99%