In this article, we explore the dynamics of environmental innovations developed by firms to comply with environmental regulations. Our analysis is based on a micro-simulation model of industrial dynamics. The question arises: how do firms competing in the same industry deal with environmental...

We explore the dynamics of environmental innovations developed by firms in order to comply with environmental regulations on the basis of a micro-simulation model of industrial dynamics. How do the firms competing in the same industry cope with the environmental dimension without altering their...