This paper develops a theoretical model to study how investment decisions in innovation taken by a single agent are influenced by environmental externalities produced by investment decisions taken by other agents. The model acts in a dynamic framework, where knowledge stock represents the...

This paper investigates the correlation between sectoral environmental performance and firm growth, using a large data set of 61,219 Italian manufacturing firms and sector environmental–economic accounts. Specifically, the paper investigates the extent to which the correlation between (past)...