Question

In: Economics

using qualitative or quantitative research tools to explain how motives to adopt green innovation might differ...

using qualitative or quantitative research tools to explain how motives to adopt green innovation might differ among business.

Solutions

Expert Solution

Introduction:

Green innovation is normally seen as a way to evaluate the degree green commitment in general,green innovation is vital in organization because it saves environment from pollution ,save energy and machine and tools that work by solar system and the environment from using chemicals,green innovation from and there impact on organization performance.

Generally green innovation can be defined bas hardware and software innovation that is related to green product of process through energy savings,pollution prevention,waste recycling,green product design and corporate environment management.

The green innovation in business is structured with respect to two main categories of elements.

  • Incentive model

It's in include functional sale or product service system and performance based mode,and incentives to expand the life of the product through good care,while the customer pays less the less is used such as energy saving company,water saving company.

  • Life cycle model

Company focusing on greenining their value chain in parts or throughout the entire value chain,the organization improve resources use,design product so they can be taken back and reused or recycled,this model identifyed are green supply chain management and take back management.

Different green innovation policy used by the organization:

  • Functional sales
  • Energy saving companies
  • Chemical management services
  • Green supply chain management
  • Industrial symbiosis.

Barriers to implement in green innovation in a organization:

  • Change the company's business models into green ones,is a lack of knowledge and skills throughout the entire value chain.
  • Companies wanting to transform their business model is the large costs of new machines and new materials that must be implemented in a new product development and design,i.e recycling etc...cost also increase.

Maximum of organization overcome the barriers through this development method.

  • Encourage an efficient public sector.
  • Increase flexibility in long run contracts
  • Increase standards.

Conclusion:

The beauty of green however is that it is also synonymous with growth.as we move into an era of constraints resources,organization that helps their customers minimise waste and resources,green innovation make higher impact on organization performance compared to green process Innovation,it is the environment management behavior deeply effects the organization performance.


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