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Sustainability 2015, 7(9), 12586-12614;

Policy Instruments for Eco-Innovation in Asian Countries

EcoServices Consulting Co., Ltd., 3rd FL, 125 Ogeum-ro, Songpa-gu, Seoul 138-050, Korea
Program in Global Environmental Management, Seoul National University, Gwanakro 1, Gwanakgu, Seoul 151-921, Korea
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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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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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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