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The Financial Constraints of Eco-Innovation Companies
‘Eco-Innovations’ (EIs) are a type of innovations that may contribute to reduce the environmental burden and to deal with specific problematic areas, such as greenhouse effects, loss of biodiversity, sustainable use of natural resources and so on. However, despite their relevance, EIs still represent a vague and unclear concept. The present chapter firstly clarifies the true meaning of EIs, by defining their characteristics and typologies. Then, it explores and contextualises roles and functions of EIs for sustainability in the framework of two contrasting approaches, namely the more traditional neoclassical literature on innovations and the new evolutionary studies on the techno-paradigm shifts.
The Economics of an Emergent System Property
This chapter highlights the limits of current approaches to the economics of innovation. It also stresses their role in articulating a theory of innovation as an endogenous process that relies upon the characteristics of the system in which the response of firms to unexpected mismatches in both labour and factor markets takes place. The role of Marshallian contributions to Schumpeterian thinking is stressed.
Richard Hawkins and Knut Blind
This introduction explores the conceptual background and definitions that pertain to understanding standards and standardization in the context of innovation. A general overview is provided of the themes explored in the chapters that follow.