Impact of environmental regulations on innovation and performance in the UK industrial sector

2.50
Hdl Handle:
http://hdl.handle.net/10547/244295
Title:
Impact of environmental regulations on innovation and performance in the UK industrial sector
Authors:
Ramanathan, Ramakrishnan ( 0000-0002-8861-2209 ) ; Black, Andrew; Nath, Prithwiraj; Muyldermans, Luc
Abstract:
Purpose – The role of environmental regulations in inducing innovation and improving performance has been studied in the literature. However, there have been no studies in the UK using statistical data. This paper aims to study the links among regulations, innovation and performance in the UK using sector level data. Design/methodology/approach – The paper used structural equation modelling to study the links among the three variables simultaneously. Findings – The analysis indicates that environmental regulations in the UK are significant in improving economic performance of the industrial sectors. They also find that, in the short run, environmental regulations negatively influence innovation, and innovation negatively influences economic performance in these sectors. Practical implications – The results have implications both for policy makers and firms in the UK industrial sector. For policy makers, environmental regulations have generally improved economic performance. For firms, the study shows that sufficient planning in meeting government's environment standards can help improve their economic performance. Originality/value – This is the first study in the UK to explore simultaneously the links among the three variables: environmental regulations, innovation, and performance, using secondary sector level data.
Citation:
Ramanathan, R., Black, A., Nath, P, Muyldermans, L. (2010) 'Impact of environmental regulations on innovation and performance in the UK industrial sector' Management Decision 48 (10):1493
Journal:
Management Decision
Issue Date:
2010
URI:
http://hdl.handle.net/10547/244295
DOI:
10.1108/00251741011090298
Additional Links:
http://www.emeraldinsight.com/10.1108/00251741011090298
Type:
Article
Language:
en
ISSN:
0025-1747
Appears in Collections:
Business and Information Systems Research Centre (BISC)

Full metadata record

DC FieldValue Language
dc.contributor.authorRamanathan, Ramakrishnanen_GB
dc.contributor.authorBlack, Andrewen_GB
dc.contributor.authorNath, Prithwirajen_GB
dc.contributor.authorMuyldermans, Lucen_GB
dc.date.accessioned2012-09-17T11:30:38Zen
dc.date.available2012-09-17T11:30:38Zen
dc.date.issued2010en
dc.identifier.citationRamanathan, R., Black, A., Nath, P, Muyldermans, L. (2010) 'Impact of environmental regulations on innovation and performance in the UK industrial sector' Management Decision 48 (10):1493en_GB
dc.identifier.issn0025-1747en
dc.identifier.doi10.1108/00251741011090298en
dc.identifier.urihttp://hdl.handle.net/10547/244295en
dc.description.abstractPurpose – The role of environmental regulations in inducing innovation and improving performance has been studied in the literature. However, there have been no studies in the UK using statistical data. This paper aims to study the links among regulations, innovation and performance in the UK using sector level data. Design/methodology/approach – The paper used structural equation modelling to study the links among the three variables simultaneously. Findings – The analysis indicates that environmental regulations in the UK are significant in improving economic performance of the industrial sectors. They also find that, in the short run, environmental regulations negatively influence innovation, and innovation negatively influences economic performance in these sectors. Practical implications – The results have implications both for policy makers and firms in the UK industrial sector. For policy makers, environmental regulations have generally improved economic performance. For firms, the study shows that sufficient planning in meeting government's environment standards can help improve their economic performance. Originality/value – This is the first study in the UK to explore simultaneously the links among the three variables: environmental regulations, innovation, and performance, using secondary sector level data.en
dc.language.isoenen
dc.relation.urlhttp://www.emeraldinsight.com/10.1108/00251741011090298en_GB
dc.rightsArchived with thanks to Management Decisionen_GB
dc.subjectenvironmental regulationsen
dc.subjectinnovationen
dc.subjecteconomic performanceen
dc.titleImpact of environmental regulations on innovation and performance in the UK industrial sectoren
dc.typeArticleen
dc.identifier.journalManagement Decisionen_GB
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