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Globalization of the economy and the need to achieve competitiveness drive organizations to invest in technology\udand in innovation, in order to find solutions that will provide advantages in an ever-more competitive market. The\udconflict between dwindling natural resources and the demand for economic growth has created a growing need to\udfind means for making environmental conservation compatible with economic growth. The objective of this study\udis to contribute to the debate by analyzing the innovations implemented by chemical companies in the Sinos Valley\udregion, Rio Grande do Sul, Brazil, and by identifying the motivations that drive them to develop environmental\udtechnologies. The study is exploratory and descriptive, with a quantitative data collection component in the form\udof a survey sent to all chemical companies in the Sinos Valley region, listed in a local business association database.\udThe study results indicate that development of innovations is predominantly of an incremental nature and that\udnovelty is generally restricted to the new-for-firm level. The environmental technologies implemented are\udgenerally designed to prevent or remedy environmental damage and are primarily motivated by the need to comply\udwith environmental standards and legislation

Analysis of Innovation and Its Environmental Impacts on the Chemical Industry