Eco-Innovation for Sustainability: Evidence from 49 Countries in Asia and Europe
AbstractFollowing the trend on focusing on a nation’s economic-growth, side effects such as resource exhaustion, environmental pollution, and social injustice have begun to appear. As a solution, eco-innovation has received a great amount of attention from European countries and as a result, many efforts to analyze the development of eco-innovation quantitatively have been made. This study aims to evaluate the validity of an eco-innovation index developed to support the sustainable development goal. For this purpose, four factors of eco-innovation—capacity, supportive environment, activity, and performance—were applied to three categories of the Triple-Bottom-Line (TBL) concept in sustainability to compare the eco-innovation development level of 49 Asia-Europe Meeting countries. Factors for eco-innovation and TBL at the country level were organized in quartile and compared to see strength and weaknesses for each nation. In order to test if eco-innovation factors of a nation adequately reflect its sustainability, we used various comparisons of ANOVA. The results of this study are as follows: First, the one-way ANOVA tests present the scores for capacity, supportive environment, and performance as grouped into four quartiles in the same pattern as their economic, social, and environmental scores. The three-way ANOVA tests showed significance for the economic category. Scores for capacity, supportive environment, activity and performance were significant at a nation’s economic level. Lastly, the MANOVA test revealed that TBL significantly explains four eco-innovation factors. In addition, the eco-innovation performance level of European nations and Asian nations were compared. The possibility that many nations still have room to be competitive in their eco-innovation efforts was identified. Nations with unbalanced eco-innovation growth are urged to implement new strategies to balance their growth. Therefore, this research contributes to extending research on eco-innovation. View Full-Text
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Jo, J.-H.; Roh, T.W.; Kim, S.; Youn, Y.-C.; Park, M.S.; Han, K.J.; Jang, E.K. Eco-Innovation for Sustainability: Evidence from 49 Countries in Asia and Europe. Sustainability 2015, 7, 16820-16835.
Jo J-H, Roh TW, Kim S, Youn Y-C, Park MS, Han KJ, Jang EK. Eco-Innovation for Sustainability: Evidence from 49 Countries in Asia and Europe. Sustainability. 2015; 7(12):16820-16835.Chicago/Turabian Style
Jo, Jang-Hwan; Roh, Tae W.; Kim, Seonghoon; Youn, Yeo-Chang; Park, Mi S.; Han, Ki J.; Jang, Eun K. 2015. "Eco-Innovation for Sustainability: Evidence from 49 Countries in Asia and Europe." Sustainability 7, no. 12: 16820-16835.