Rennings, Klaus; Rammer, Christian - In: Industry and Innovation 18 (2011) 3, pp. 255-283
The impact of environmental innovations on firm performance is ambiguous. On the one hand, regulatory …-driven environmental innovation may impose additional costs to firms and lower their profits. On the other hand, eco-innovators could … profit from lower uncertainty in innovation due to regulatory standards and demand-generating effects of regulation. In this …