The Eco-Innovation Challenge

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The Eco-Innovation Challenge

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Economic factors

Technological

capital

Natural capital

Socio-cultural factirs

Regulatory and policy

framework

Figure 6.8

Eco-Innovation determinants identified

from EU 27 country profile analysis

DETERMINANTS AT BE BG CY CZ DK DE EE IE EL ES FR IT LV LT LU HU MT NL PL PT RO SI FI SK SE UK

R&D investments

& support

VC&seed fund for

start-up & techtransfer

EU & national

funding programs

economic benefits/

profitability

demand for "green"

products/services

Availability of

relevant expertise

& human capital

R & D capabilities

Access to material

and natural

resource

Uncertainty about

future resource

prices

Awareness of

consumers &

industries

Linkages &

cooperation

Entrepreneurship

capabilities

Env. & innovation

policy regulation/

standards

Government's

commitment

"Red-tape"/

governance

Driver Barrier Dual (positve and negative) effect

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