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How do small and medium sized enterprises (SMEs) adopt
environmental innovations? Do they have the necessary internal
competence? Is any support offered by external parties (i.e.
network involvement)? What are the policy implications? This book
is based on extensive fieldwork, conducted in four traditional
industrial sectors: offset printing, electroplating, textile
finishing, and industrial painting. The work was carried out in
Denmark, Italy, the Netherlands, Portugal and the UK. Twenty
company-based case studies were analyzed and a telephone survey was
conducted among 527 companies. As a result, the Innovation Triangle
came to be formulated, which is presented here, defining and
combining the determinants of SME innovativeness. The Innovation
Triangle distinguishes three major determinants of innovativeness:
business competence, environmental orientation, and network
involvement. The Innovation Triangle allows one to diagnose current
environmental and innovation policies, indicating which policy
measures might be effective in increasing the adoption of
environmentally friendly technologies, allowing environmental
objectives to be achieved.
How do small and medium sized enterprises (SMEs) adopt
environmental innovations? Do they have the necessary internal
competence? Is any support offered by external parties (i.e.
network involvement)? What are the policy implications? This book
is based on extensive fieldwork, conducted in four traditional
industrial sectors: offset printing, electroplating, textile
finishing, and industrial painting. The work was carried out in
Denmark, Italy, the Netherlands, Portugal and the UK. Twenty
company-based case studies were analyzed and a telephone survey was
conducted among 527 companies. As a result, the Innovation Triangle
came to be formulated, which is presented here, defining and
combining the determinants of SME innovativeness. The Innovation
Triangle distinguishes three major determinants of innovativeness:
business competence, environmental orientation, and network
involvement. The Innovation Triangle allows one to diagnose current
environmental and innovation policies, indicating which policy
measures might be effective in increasing the adoption of
environmentally friendly technologies, allowing environmental
objectives to be achieved.
GIULIANO MUSSATI Why do mergers occur, which are their effects on
social welfare and which is the best economic policy toward them?
These three questions have been puzzling industrial economists
since the end of the last century when the first great merger wave
has come about in the US. They have returned at the centre of the
stage of the theoretical and empirical economic research during the
last decade when merger and acquisition activity became one of the
most evident firms' activities in all industrialised countries,
being fostered by some general and country specific facts. These
facts have been identified in the appearance of new financial
instruments facilitating fund raising by firms, in the benevolent
behaviour of the authorities in charge of competition policy during
the Reagan administration in the US, while inter nal market
completion has become a strong incentive for European firms to
reach a true continental dimension in the UE through external
growth. However a robust and univocal answer to these questions has
not yet been found in spite of its importance not only from the
theoretical point of view, but also from the normative one. In fact
the correct identification of firms' motivations in pursuing merger
and acquisition operations and of their consequences on social
welfare would help the choice by administra tive authorities of
different possible options in competition and industrial policies."
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