Eco-Management and Sustainability Aspects of Innovative Development Strategies

During the post-industrial revolutions, until the 20th century. By the last third of the 20th century, two basic directions of industrial development could be defined. One preferred to invest in local resources, with the help of state-owned companies, while the other favored industrial innovation in the export of capital by national companies. The two directions of industrial development were in some ways similar. Ecological sustainability aspects have not been taken into account during the development and operation of the technology. From this, we can see that ecomanagement as the management of eco-conscious companies in terms of environmental management was not a preferred aspect at that time. In the last third of the 20th century, environmental problems and the social and economic effects of pollution had also become globalize and were becoming increasingly important aspects of corporate governance. This is also due to the fact that the environmental spread of contaminants did not stop within the boundaries of a particular company, but because of the environmental conditions, they showed increasing risks to human health and the environment. As a result, companies have increasingly focused on environmental and human aspects, avoiding negative externalities and risks.