Eco-Innovation as a Factor in Enhancing Firm Performance: Empirical Evidence from Tunisia

This study aims to investigate the impact of eco-innovation on environmental performance, economic performance, as well as the reputation of firms. Based on the theoretical and empirical literature on eco-innovation, we develop our research hypotheses and our conceptual model and then we test them i...

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Bibliographic Details
Published in:Journal of technology management & innovation 2023-12, Vol.18 (4), p.31-43
Main Authors: Aouay, Faten, Boncoeur, Jean, Boujelbene, Younes
Format: Article
Language:eng ; por
Subjects:
Climate change
Developing countries
Economic development
Emissions
ENGINEERING, MULTIDISCIPLINARY
Environmental economics
Environmental impact
Environmental performance
Hypotheses
Innovations
LDCs
Pollutants
Pollution
Principal components analysis
Reputations
Sustainable development
Technological change
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Summary:This study aims to investigate the impact of eco-innovation on environmental performance, economic performance, as well as the reputation of firms. Based on the theoretical and empirical literature on eco-innovation, we develop our research hypotheses and our conceptual model and then we test them in the Tunisian context. To do this, we conducted a survey of 159 industrial firms in Tunisia, divided into three groups as follows: a first group formed by 25 non-innovative firms, the second group includes 73 technologically innovative firms and a third group with 61 eco-innovative firms. We applied a principal component analysis and a multiple regression to the 61 companies having already achieved eco-innovations. The results show that eco-innovation has a significant impact on the environmental performance and reputation of companies. However, it does not directly improve economic performance.
ISSN:0718-2724
0718-2724
DOI:10.4067/S0718-27242023000400031