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Sustainability 2015, 7(9), 12586-12614; doi:10.3390/su70912586

Policy Instruments for Eco-Innovation in Asian Countries

1
EcoServices Consulting Co., Ltd., 3rd FL, 125 Ogeum-ro, Songpa-gu, Seoul 138-050, Korea
2
Program in Global Environmental Management, Seoul National University, Gwanakro 1, Gwanakgu, Seoul 151-921, Korea
3
Department of International Trade and Commerce, Soonchunhyang University, 22 Soonchunhyangro, Shinchang-myeon, Asan-si, Chungcheongnam-do 336-745, Korea
*
Author to whom correspondence should be addressed.
Academic Editor: Marc A. Rosen
Received: 5 June 2015 / Revised: 26 August 2015 / Accepted: 9 September 2015 / Published: 11 September 2015
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Abstract

Eco-innovation globally emerged as an effort to implement sustainable development. States and firms established and implemented policies and strategies for eco-innovation as one route to achieving sustainable development. Eco-innovation has been facilitated in developed countries, specifically OECD members and European countries, through action plans. Recently, eco-innovation policies have emerged in developing countries. Thus, this study analyzes eco-innovation policies in Asian countries. Policies related to eco-innovation in 17 Asian countries were investigated using policy instrument categories. National policies for eco-innovation were interpreted and compared with development stage classifications. The results indicate that there are similar and different policy approaches to eco-innovation in Asian countries. Given the balance between a technology push (supply side) and a market pull (demand side) in policy instruments for eco-innovation, 17 countries were identified by four categories: leaders, followers, loungers, and laggards. The results provide insight for designing national strategies for eco-innovation in Asia’s developing countries. Therefore, this research contributes to facilitating and diffusing eco-innovation toward sustainability in Asia. View Full-Text
Keywords: eco-innovation; policy instruments; sustainable development; Asia eco-innovation; policy instruments; sustainable development; Asia
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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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MDPI and ACS Style

Jang, E.K.; Park, M.S.; Roh, T.W.; Han, K.J. Policy Instruments for Eco-Innovation in Asian Countries. Sustainability 2015, 7, 12586-12614.

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