Next Article in Journal
Oxidative Photodegradation of Pyrene and Fluoranthene by Fe-Based and Zn-Based Fenton Reagents
Next Article in Special Issue
Hybrid Algorithm Based on an Estimation of Distribution Algorithm and Cuckoo Search for the No Idle Permutation Flow Shop Scheduling Problem with the Total Tardiness Criterion Minimization
Previous Article in Journal
Economic Transformation in the Beijing-Tianjin-Hebei Region: Is It Undergoing the Environmental Kuznets Curve?
Previous Article in Special Issue
Assessing Environmental Impact Indicators in Road Construction Projects in Developing Countries
Article Menu
Issue 5 (May) cover image

Export Article

Open AccessArticle

The Role of Technology Spillovers in the Process of Water Pollution Abatement for Large International Firms

Department of Business and Economic studies, University of Naples Parthenope, Naples 80132, Italy
Department of Economic and Statistic Sciences, University of Salerno, Fisciano 84084, Italy
Author to whom correspondence should be addressed.
Academic Editors: Xiang Li, Jian Zhou, Hua Ke and Xiangfeng Yang
Sustainability 2017, 9(5), 868;
Received: 20 March 2017 / Revised: 10 May 2017 / Accepted: 17 May 2017 / Published: 21 May 2017
PDF [420 KB, uploaded 21 May 2017]


The objective of this paper is to analyze the effects of technology externalities stemming from different technological sectors for international firms engaged both in water pollution abatement and in dirty activities. We present a theoretical framework and an empirical analysis based upon a dataset composed of worldwide R&D-intensive firms. In order to identify the technological proximity between the firms, we construct an original Mahalanobis environmental industry weight matrix, based on the construction of technological vectors for each firm, with European ecological patents distributed across more technology classes. Opportune econometric techniques that deal with the firms’ unobserved heterogeneity and the weak exogeneity of the explanatory variables are implemented. The findings show significant spillover effects on the productivity and environmental performance of the firms. View Full-Text
Keywords: innovation; technology spillovers; environmental relatedness; water pollution innovation; technology spillovers; environmental relatedness; water pollution

Figure 1

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).

Share & Cite This Article

MDPI and ACS Style

Aldieri, L.; Vinci, C.P. The Role of Technology Spillovers in the Process of Water Pollution Abatement for Large International Firms. Sustainability 2017, 9, 868.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics



[Return to top]
Sustainability EISSN 2071-1050 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top