This paper analyses two aspects of environmental regulations triggered by ecoinnovations. First, whether there are long term effects of regulation on innovation. Second, whether the impact of different types of regulation differ by type of the environmental benefit of the innovations. To answer...

We examine impacts of different types of environmental innovations on firm profits. Following Porter's (1991) hypothesis that environmental regulation can improve firms' competitiveness we distinguish regulation induced and voluntary environmental innovations. We find that innovations which...