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Article

Entrepreneurial Innovation Impact on Recycling Municipal Waste. A Panel Data Analysis at the EU Level

1
Faculty of Management, The Bucharest University of Economic Studies, 6 Piata Romana, 1st district, 010374 Bucharest, Romania
2
Faculty of Business Administration in Foreign Languages, The Bucharest University of Economic Studies, 6 Piata Romana, 1st district, 010374 Bucharest, Romania
3
Faculty of Agrifood and Environmental Economics, The Bucharest University of Economic Studies, 6 Piata Romana, 1st district, 010374 Bucharest, Romania
*
Author to whom correspondence should be addressed.
Sustainability 2019, 11(18), 5125; https://doi.org/10.3390/su11185125
Received: 26 August 2019 / Revised: 13 September 2019 / Accepted: 15 September 2019 / Published: 19 September 2019
(This article belongs to the Collection Trends in Municipal Solid Waste Management)
Based on recent findings of the economic literature on the implications of entrepreneurial innovation for recycling municipal waste, this paper aims to examine the main factors of recycling municipal waste at the European Union (EU) level. In this study, the authors developed a linear regression model to analyze the relationship between business expenditure on research and development (R&D), private investments, gross domestic product (GDP) expenditures on R&D, resource productivity, and environmental taxes on the recycling rate of municipal waste (RRMW). In our analyses, we used data from the Statistical Office of the European Union (EUROSTAT) and five statistical hypotheses were validated through a multiple regression model with panel data using the statistical software EViews 11. The study was conducted in 27 European Union countries between 2010 and 2017. Our results indicate that business expenditure on R&D, private investments, GDP expenditures on R&D, and resource productivity have a direct and significant impact on the RRMW, while environmental taxes have a significant and inverse impact on the RRMW. These findings underline that public policies should be focused on increasing the use of private and public investments on R&D for recycling municipal waste. View Full-Text
Keywords: entrepreneurial innovation; municipal waste; recycling; sustainability; econometric model; panel data; quantitative analysis; environmental factors entrepreneurial innovation; municipal waste; recycling; sustainability; econometric model; panel data; quantitative analysis; environmental factors
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MDPI and ACS Style

Banacu, C.S.; Busu, M.; Ignat, R.; Trica, C.L. Entrepreneurial Innovation Impact on Recycling Municipal Waste. A Panel Data Analysis at the EU Level. Sustainability 2019, 11, 5125. https://doi.org/10.3390/su11185125

AMA Style

Banacu CS, Busu M, Ignat R, Trica CL. Entrepreneurial Innovation Impact on Recycling Municipal Waste. A Panel Data Analysis at the EU Level. Sustainability. 2019; 11(18):5125. https://doi.org/10.3390/su11185125

Chicago/Turabian Style

Banacu, Cristian S., Mihail Busu, Raluca Ignat, and Carmen L. Trica 2019. "Entrepreneurial Innovation Impact on Recycling Municipal Waste. A Panel Data Analysis at the EU Level" Sustainability 11, no. 18: 5125. https://doi.org/10.3390/su11185125

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