Eco-Innovation Performance of Lithuania in the Context of European Environmental Policy: Eco-Innovation Indicators and Efficiency-Reference-Cited by-同舟云学术

Eco-Innovation Performance of Lithuania in the Context of European Environmental Policy: Eco-Innovation Indicators and Efficiency

Published:2023-02-09 Issue:4 Volume:15 Page:3139
ISSN:2071-1050
Container-title:Sustainability
language:en
Short-container-title:Sustainability

Author:

Peyravi Bahman¹^ORCID,Peleckis Kęstutis¹^ORCID,Jakubavičius Artūras¹^ORCID

Affiliation:

1. Faculty of Business Management, Vilnius Gedimino Technical University, Sauletekio al. 11, 10223 Vilnius, Lithuania

Abstract

The European Union (EU) has made eco-innovation and green technology a priority as they are essential to the continent’s long-term prosperity. To move towards sustainable economic growth, eco-innovation takes a significant role in the transition process. The aim of the article is to use the eco-innovation indicators as an instrument to measure the eco-innovation performance of Lithuania in the context of the EU Green Deal in order to analyze and assess the components and indicators of the eco-innovation index for Lithuania. Following the aim of the article, a set of research hypotheses will be formulated. The evaluation of eco-innovation indicators in Lithuania relative to EU countries using Eco-IS indicators, determination of eco-innovation efficiency using the Decision-Making Trial and Evaluation Laboratory (DEMATEL) method, and identification of necessary eco-innovation policies for sustainable growth are the objectives of this paper. The research results present the positive impact of eco-innovation activities in the EU on Lithuania, and vice versa. Lithuania was affected positively by eco-innovation activities of other EU nations. The outcome of the study indicates its relevance by highlighting Lithuania’s position among the lowest countries in terms of eco-innovation adoption, hence new research pathways for the creation and implementation of policies to solve the current situation are provided.

Funder

European Social Fund

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction

Link

https://www.mdpi.com/2071-1050/15/4/3139/pdf

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