Eco-innovation in corporate management: a systematic review
International Journal of Development Research
Eco-innovation in corporate management: a systematic review
Received 27th June, 2021; Received in revised form 04th July, 2021; Accepted 25th August, 2021; Published online 27th September, 2021
Copyright © 2021, Ricardo Guimarães de Queiroz et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
In recent decades, companies from various segments have adopted eco-innovation practices and integrated them into their business models to increase their competitiveness. Such companies need to adjust planning and investments by integrating eco-innovation practices to improve their economic, social and environmental development. This study aimed at understanding the theme Eco-Innovation by surveying its state-of-the-art. The theme was analyzed quantitatively and qualitatively using the systematic review method. At first, the study method selected 110 articles on eco-innovation and corporate management between the years 2011 and 2020.With the research protocol, 36 articles were chosen for a thorough analysis that composed the results of this study. From the results, the state-of-the-art of eco-innovation and corporate management was mapped, realizing its main contributions by the synthesis of strengths and weaknesses found in the articles. Companies that have adopted some type of eco-innovative practice stood out for improving their business performance, reducing environmental impacts, valuing their ventures, in addition to showing positive relationships with social capital and better use of financial investments.