Some microeconomics of eco-entrepreneurship

Abstract

A growing academic literature seeks to define corporate environmental management (CEM) and understand its implications for corporate behavior and environmental outcomes. However, the research questions are of more than just academic interest, as the answers have immediate consequences for business strategy, environmental quality, and the relationship between CEM and public policy. How does CEM differ from more general notions of corporate management? Are there incentives for CEM that go beyond improving the bottom line? Does CEM produce genuine improvements in environmental performance, or is it simply a public relations form of “green-washing”? To what extent, if any, does CEM serve as a complement or substitute for more centralized forms of environmental policy? Questions such as these are the focus of theoretical and applied research in a variety of disciplines, including, but not limited to, economics, sociology, psychology, political science, management, and industrial ecology.

Citation

Kotchen, M.J. (2009), "Some microeconomics of eco-entrepreneurship", Libecap, G.D. (Ed.) Frontiers in Eco-Entrepreneurship Research (Advances in the Study of Entrepreneurship, Innovation and Economic Growth, Vol. 20), Emerald Group Publishing Limited, Leeds, pp. 25-37. https://doi.org/10.1108/S1048-4736(2009)0000020005