Rafael Mora‐Contreras, Javier Carrillo‐Hermosilla, Giovanni Hernández‐Salazar, Luz Elba Torres‐Guevara, Andrés Mejia‐Villa, Marta Ormazabal
{"title":"Eco‐innovation for circular economy and sustainability performance: Insights and evidence from manufacturing firms","authors":"Rafael Mora‐Contreras, Javier Carrillo‐Hermosilla, Giovanni Hernández‐Salazar, Luz Elba Torres‐Guevara, Andrés Mejia‐Villa, Marta Ormazabal","doi":"10.1002/bse.4046","DOIUrl":null,"url":null,"abstract":"Despite progress in the literature in understanding the relationships between barriers, drivers, and features of eco‐innovations (EIs) to promote the circular economy (CE) and improve companies' sustainability results, the evidence remains limited and diffuse. To address this gap, we investigate the effect of barriers, sources of information, and features of innovations and EIs on manufacturing companies' CE and sustainability performance. This longitudinal study used official Colombian government data from 3144 manufacturing companies (2015–2020), considering partial least squares structural equation modeling. Our results reveal that developing or adopting (eco‐) innovations with incremental features could cause a blockage in implementing high‐level CE and in improving their overall sustainability performance. Similarly, radical (eco‐) innovations need more evidence to clarify their impacts on CE and sustainability. Finally, we show that the improvement in environmental and CE performance attributed to (eco‐) innovations has a significant and positive impact on the company's economics.","PeriodicalId":12,"journal":{"name":"ACS Chemical Health & Safety","volume":null,"pages":null},"PeriodicalIF":2.9000,"publicationDate":"2024-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ACS Chemical Health & Safety","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1002/bse.4046","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"PUBLIC, ENVIRONMENTAL & OCCUPATIONAL HEALTH","Score":null,"Total":0}
引用次数: 0
Abstract
Despite progress in the literature in understanding the relationships between barriers, drivers, and features of eco‐innovations (EIs) to promote the circular economy (CE) and improve companies' sustainability results, the evidence remains limited and diffuse. To address this gap, we investigate the effect of barriers, sources of information, and features of innovations and EIs on manufacturing companies' CE and sustainability performance. This longitudinal study used official Colombian government data from 3144 manufacturing companies (2015–2020), considering partial least squares structural equation modeling. Our results reveal that developing or adopting (eco‐) innovations with incremental features could cause a blockage in implementing high‐level CE and in improving their overall sustainability performance. Similarly, radical (eco‐) innovations need more evidence to clarify their impacts on CE and sustainability. Finally, we show that the improvement in environmental and CE performance attributed to (eco‐) innovations has a significant and positive impact on the company's economics.
期刊介绍:
The Journal of Chemical Health and Safety focuses on news, information, and ideas relating to issues and advances in chemical health and safety. The Journal of Chemical Health and Safety covers up-to-the minute, in-depth views of safety issues ranging from OSHA and EPA regulations to the safe handling of hazardous waste, from the latest innovations in effective chemical hygiene practices to the courts'' most recent rulings on safety-related lawsuits. The Journal of Chemical Health and Safety presents real-world information that health, safety and environmental professionals and others responsible for the safety of their workplaces can put to use right away, identifying potential and developing safety concerns before they do real harm.