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Article

Identifying Endogenous and Exogenous Indicators to Measure Eco-Innovation within Clusters

1
Department of Management, Universitat Politécnica de Valencia, Spain, 46022 Valencia, Spain
2
Departamento de Productividad e Innovación, Universidad de la Costa CUC, Barranquilla 080001, Colombia
3
MacondoLab, Universidad Simón Bolívar, Barranquilla 080001, Colombia
*
Author to whom correspondence should be addressed.
Sustainability 2020, 12(15), 6088; https://doi.org/10.3390/su12156088
Received: 26 May 2020 / Revised: 16 July 2020 / Accepted: 17 July 2020 / Published: 29 July 2020
(This article belongs to the Special Issue Mergers and Acquisitions Processes and Sustainability)
Scientific and business environment literature shows that green, sustainable innovation or eco-innovation has proven to be a source of competitive advantage today. The industrial clusters, their dynamism, and the synergies created within them attract a lot of attention from the scientific community. However, to date, the joint study of these two concepts and, more specifically, the factors that drive eco-innovation specifically in a cluster, have not been studied in depth. This article models eco-innovation in industrial clusters, thus addressing this gap and proposing a model based on information gathered from the literature and a detailed analysis of behavior in relation to eco-innovation in different sectors. Results suggest that including eco-innovation variables and measures may have positive implications such as improvements at the strategic level and the reduction of costs and use of resources. An eco-innovation model for clusters is proposed. It considers eight key factors that seek to raise its competitive level by promoting eco-innovation within clusters. The model includes five internal factors that analyze business capabilities and three external factors that study the effect of launching eco-innovative activities. This model could help the companies’ managers and those responsible for clusters in creating more successful strategies to increase competitiveness by enhancing eco-innovation. It could also serve as a guide for government entities in the performance of eco-innovative activities in economic sectors. View Full-Text
Keywords: cluster; competitiveness; eco-innovation; innovation; business performance cluster; competitiveness; eco-innovation; innovation; business performance
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MDPI and ACS Style

Mercado-Caruso, N.; Segarra-Oña, M.; Ovallos-Gazabon, D.; Peiró-Signes, A. Identifying Endogenous and Exogenous Indicators to Measure Eco-Innovation within Clusters. Sustainability 2020, 12, 6088. https://doi.org/10.3390/su12156088

AMA Style

Mercado-Caruso N, Segarra-Oña M, Ovallos-Gazabon D, Peiró-Signes A. Identifying Endogenous and Exogenous Indicators to Measure Eco-Innovation within Clusters. Sustainability. 2020; 12(15):6088. https://doi.org/10.3390/su12156088

Chicago/Turabian Style

Mercado-Caruso, Nohora, Marival Segarra-Oña, David Ovallos-Gazabon, and Angel Peiró-Signes. 2020. "Identifying Endogenous and Exogenous Indicators to Measure Eco-Innovation within Clusters" Sustainability 12, no. 15: 6088. https://doi.org/10.3390/su12156088

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