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Chinese Journal of Applied Ecology ›› 2017, Vol. 28 ›› Issue (12): 4150-4156.doi: 10.13287/j.1001-9332.201712.031

• Reviews • Previous Articles    

Review on enterprises’ eco-innovation

LIAO Zhong-ju, HUANG Chao   

  1. School of Economics and Management, Zhejiang Sci-Tech University, Hangzhou 310018, China
  • Received:2017-05-15 Online:2017-12-18 Published:2017-12-18
  • Contact: * E-mail: 16437lzj@163.com
  • Supported by:

    This work was supported by the National Natural Science Foundation of China (71603239), Zhejiang Provincial Natural Science Foundation of China (LQ16G020008), and Zhejiang Provincial Key Research Project of Philosophy and Social Sciences for Ecological Civilization (14JDST01Z)

Abstract: Eco-innovation is an important way to realize sustainable development. It has the dual positive externality of “knowledge spillover” and “environmental spillover”, which has attracted much attention from theory and practice. In order to systematically grasp the current situation of eco-innovation, this study collected the relevant foreign literatures on eco-innovation in the past ten years, and made a systematic review of the definition, characteristics and dimensions of eco-innovation. Focusing on the theory of institutional theory, stakeholder theory and resource-based view, this paper explored the antecedents of eco-innovation. Then, this paper also demonstrated the positive and negative effects of eco-innovation on corporate financial performance, and the meditating and moderating mechanisms between eco-innovation and financial performance. Finally, based on the limitations of existing research, the future research direction was put forward.