Artikel

Financial Constraints of Firms with Environmental Innovation

Using the Mannheim Innovation Panel, we explore whether Environmental Innovator Firms (EIFs) have higher financial needs and are more financially constrained than Non-Environmental Innovator firms (OIFs). We find that EIFs are more likely to have higher latent financial need in comparison to OIFs. This implies that EIFs have latent projects that they have not yet realized, but would implement if they had the financial means to do so. EIFs adopting environmental technologies have higher financial needs compared to firms that do not. One tentative conclusion from this finding is that public subsidies might mitigate the financial restrictions of environmental innovation.

Sprache
Englisch

Erschienen in
Journal: Vierteljahrshefte zur Wirtschaftsforschung ; ISSN: 1861-1559 ; Volume: 88 ; Year: 2019 ; Issue: 3 ; Pages: 43-65 ; Berlin: Duncker & Humblot

Klassifikation
Wirtschaft
Corporate Finance and Governance: General
Firm Behavior: Empirical Analysis
Innovation and Invention: Processes and Incentives
Thema
Environmental innovation
innovation capability
funding gaps
financing restrictions

Ereignis
Geistige Schöpfung
(wer)
Jensen, Febi
Schäfer, Dorothea
Stephan, Andreas
Ereignis
Veröffentlichung
(wer)
Duncker & Humblot
(wo)
Berlin
(wann)
2019

DOI
doi:10.3790/vjh.88.3.43
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Jensen, Febi
  • Schäfer, Dorothea
  • Stephan, Andreas
  • Duncker & Humblot

Entstanden

  • 2019

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