The Dynamic Capabilities of Cleantechs and Eco-Innovation in the Use of Green Fiscal Public Policies

Abstract

Objective: This paper aims to present how Dynamic Capabilities can generate Eco-innovations to take advantage of Green Fiscal Public Policies in the context of Cleantechs. Method: The methodological path taken included a multiple case study, in the context of 5 companies. The method approach was qualitative descriptive research with semi-structured interviews applied in the collection period from December (2021) to July (2022), including discourse analysis. Results: The results demonstrate that Dynamic Capabilities are the preliminary basis for the development of Eco-innovations in Cleantechs. However, for these Eco-innovations to be able to exploit the social benefits of Green Fiscal Public Policies, it is fundamental that these Eco-innovations can generate green spillover effects (Green Spillovers), from economic benefits associated with the generation of jobs, reduction of impacts on the environment and infrastructure development. Conclusions: The central contribution of the work demonstrates that dynamic capabilities provide innovative solutions balancing the stability of environmental, social, and economic resources in the process of taking advantage of green fiscal public policies, providing positive economic spillover effects to the economy such as increased quality of life, reduction of environmental impact, job creation and stimulus to the development of national infrastructure.