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Green regions and local firms' innovation
Author(s) -
D'Agostino Lorena M.,
Moreno Rosina
Publication year - 2019
Publication title -
papers in regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.937
H-Index - 64
eISSN - 1435-5957
pISSN - 1056-8190
DOI - 10.1111/pirs.12427
Subject(s) - green innovation , business , context (archaeology) , eco innovation , industrial organization , economic geography , natural resource economics , sustainability , economics , geography , ecology , archaeology , biology
Technological innovation is essential to achieve simultaneously economic, environmental and social goals (i.e., the green growth) . Indeed, many studies found that environmental innovation spurs overall innovation. However, this topic has not been investigated by taking into account the geographical context. Therefore, our paper seeks to investigate whether ‘green regions’, with an increased public and private commitment in environmental issues, are related to innovation of local firms. Using data on Spanish manufacturing firms and regions, we find that environmental technologies (especially in green energy), environmental investments, and environmental management at the level of regions are positively associated to local firms' innovation.