Toward a New Conception of the Environment-Competitiveness Relationship
Reads0
Chats0
TLDR
In this article, the authors argue that the trade-off between environmental regulation and competitiveness unnecessarily raises costs and slows down environmental progress, and that instead of simply adding to cost, properly crafted environmental standards can trigger innovation offsets, allowing companies to improve their resource productivity.Abstract:
Accepting a fixed trade-off between environmental regulation and competitiveness unnecessarily raises costs and slows down environmental progress. Studies finding high environmental compliance costs have traditionally focused on static cost impacts, ignoring any offsetting productivity benefits from innovation. They typically overestimated compliance costs, neglected innovation offsets, and disregarded the affected industry's initial competitiveness. Rather than simply adding to cost, properly crafted environmental standards can trigger innovation offsets, allowing companies to improve their resource productivity. Shifting the debate from pollution control to pollution prevention was a step forward. It is now necessary to make the next step and focus on resource productivity.read more
Citations
More filters
Journal ArticleDOI
Green supply‐chain management: A state‐of‐the‐art literature review
TL;DR: An integrated and fresh look into the area of GrSCM is taken, using the rich body of available literature, including earlier reviews that had relatively limited perspectives, on the basis of the problem context in supply chain's major influential areas.
Journal ArticleDOI
Redefining innovation — eco-innovation research and the contribution from ecological economics
TL;DR: In this article, the authors introduce the term eco-innovation to describe three kinds of changes towards sustainable development: technological, social and institutional innovation, and discuss the potential contribution of neoclassical and (co-)evolutionary approaches from environmental and innovation economics to ecoinnovation research.
Journal ArticleDOI
Do green supply chains lead to competitiveness and economic performance
Purba Rao,Diane Holt +1 more
TL;DR: In this article, a conceptual model was developed from literature sources and data collected using a structured questionnaire mailed to a sample of leading edge ISO14001 certified companies in South East Asia followed by structural equation modelling.
Journal ArticleDOI
Effects of “Best Practices” of Environmental Management on Cost Advantage: The Role of Complementary Assets
TL;DR: In this paper, the authors analyzed whether complementary assets are required to gain cost advantage from implementing best practices, and found that capabilities for process innovation and implementation are complementary assets that moderate the relationship between best practices and cost advantage, a significant factor in determining firm performance.
Journal ArticleDOI
Proactive environmental strategies: a stakeholder management perspective
Kristel Buysse,Alain Verbeke +1 more
TL;DR: In this article, an empirical analysis of the linkages between environmental strategy and stakeholder management is presented, showing that several simultaneous improvements in various resource domains are required for firms to shift to an empirically significant, higher level of proactiveness.
References
More filters
Book
The competitive advantage of nations
TL;DR: The Need for a New Paradigm as discussed by the authors is the need for a new paradigm for the competitive advantage of companies in global industries, as well as the dynamics of national competitive advantage.
Competitive advantage: creating and sustaining superior performance
TL;DR: Porter's concept of the value chain disaggregates a company into "activities", or the discrete functions or processes that represent the elemental building blocks of competitive advantage as discussed by the authors, has become an essential part of international business thinking, taking strategy from broad vision to an internally consistent configuration of activities.
Book
Competitive Advantage: Creating and Sustaining Superior Performance
TL;DR: Porter's concept of the value chain disaggregates a company into "activities", or the discrete functions or processes that represent the elemental building blocks of competitive advantage as mentioned in this paper, has become an essential part of international business thinking, taking strategy from broad vision to an internally consistent configuration of activities.
Journal ArticleDOI
International investment location decisions
David Wheeler,Ashoka Mody +1 more
TL;DR: In this paper, the authors focus on manufacturing investments by U.S. multinationals in the 1980s and conclude that high-cost tournament play is unnecessary for countries with good infrastructure development, specialized input suppliers and an expanding domestic market.