Eco Innovation The New Frontier Of Eco Industry And Green Growth

In the modern world, ecology and the economy are on cross roads. With the increasing pace of globalization and economic liberalization, leading to phenomenal growth of consumerism by the modern civil society, there is growing consciousness to move gradually towards green growth with sustainability. The catalytic element in envisioning Green growth and Sustainability is 'Eco-innovation'. Eco-innovation is closely related to the development and use of environmental technologies blended with the concept of eco-efficiency attributed to evolving eco-industries. The common aim is to contribute to more sustainable production and consumption patterns and promote green growth in an eco-friendly manner. The concept of Eco-innovation is gaining momentum in the context of fast deteriorating environment - consequential to energy-intensive industrialization and rise in greenhouse gas emissions, triggering global warming. This is being offset by developing Eco-innovation business models by the innovative business enterprises to produce eco-products catering to green consumerism to suit modern lifestyles. These initiatives have opened up a vista of entrepreneurship and new business opportunities.

Environmental challenges such as pollution, climate change, water and natural resources depletion and dwindling bio-diversity are true threats to the survival of our civilization, forcing us to learn how to act now. Fortunately this is exactly what this book does: presenting real life cases, along with theory, methodologies and tools demonstrating how eco-innovation can support sustainable economic growth and save our planet for future generations. Following an introduction describing developments and directions of eco-innovation, Section One discusses Models and Frameworks Supporting Eco-Innovation, with chapters on search strategy for radical eco-innovation; and systematic eco-innovation with TRIZ Methodology. Section Two offers surveys and case studies showing eco-innovation in practice, including a sketch of the eco-innovative landscape in the Brazilian Cellulose, Paper and Paper Products Industry; efforts to eco-innovate among large Swedish companies; progress towards joint product-service business models and more. The third section surveys future directions and emerging trends, among them a new methodology for eco-friendly construction; the development of lightweight small inter-island ferries in Scandinavia and BioTRIZ: a win-win methodology for eco-innovation. The book explores eco-innovation as a framework for supporting the development of new business models which consider the entire business ecosystem, on the way to a sustainable world. Moreover, it explores the eco-innovation process in cross-national and cross-sector perspective.

As the human population expands and natural resources become depleted, it becomes necessary to explore other sources for energy consumption and usage. Renewable and Alternative Energy: Concepts, Methodologies, Tools, and Applications provides a comprehensive overview of emerging perspectives and innovations for alternative energy sources. Highlighting relevant concepts on energy efficiency, current technologies, and ongoing industry trends, this is an ideal reference source for academics, practitioners, professionals, and upper-level students interested in the latest research on renewable energy.

We find ourselves at a crossroads between environmental disaster and a new industrial revolution: a shift from the ruthless exploitation of nature toward cooperation with it. Decoupling economic growth from environmental consumption is an ambitious goal, but also an achievable one. ‘Green Growth, Smart Growth’ outlines a way forward in this great transformation, and does so in the conviction that the dangers posed by climate change can be overcome through a new approach to economics, innovation and proactive policymaking.

Eco-Innovation considers the impact industry has on our environmental surroundings whilst exploring the need for more sustainable development. The concept of sustainable development and the general understanding of the interdependence of the environment and the economy are both examined in this thought-provoking new book.

This volume is a practical guide that helps the reader build a quick, evidence-based understanding of green-growth strategies and challenges. Its cogent analysis of real-life case studies enables policy makers and company executives identify successful strategies they can adopt, and pitfalls they can avoid, in drafting and implementing green growth policies. The contributors’ empirical assessment of these studies identifies the structural conditions required for economic growth to be compatible with environmental sustainability and how the transition to a new economic paradigm should be managed. A crucial addition to the debate now beginning in earnest around the world, this volume attempts to understand how we can nurture a new-born model of sustainable growth and help it evolve to maturity.

The rise of technology in human culture has changed almost every facet of society. Technology is especially useful regarding sustainable development. These technologies can cause significant greenhouse gas reductions and other benefits in terms of logistics and smart cities. New technology applied in this way can greatly help the human effort to restore the environment. Disruptive Technologies and Eco-Innovation for Sustainable Development provides an in-depth look into the new techniques, strategies, and technologies for achieving environmental sustainability through best business and technology practices. The book covers topics such as eco-innovation, green criteria, Agriculture 4.0, and topics related to logic, philosophy, and history of science and technology from the green/sustainable point of view. It is essential for managers, academicians, scientists, students, and researchers in various government, public, and private sectors.

The aim of this edited book is to provide a comprehensive overview of the opportunities and challenges related to innovation for sustainability. Combining work from both emerging and established scholars in different academic fields, this book provides an integrated understanding of the topic from four perspectives. First, the big picture: frameworks, types, and drivers; second, strategy and leadership; third, measurement and assessment and fourth, tools, methods and technologies. Chapter 11 of this book is available open access under a CC BY 4.0 license at link.springer.com. The editors donate their remuneration for this book to conservation organisation the WWF.

'This book talks about a genuine greening of the economy: from the most theoretical aspects, e.g. the genealogy of ecological economics, to the most practical. The two most prominent conclusions are, for me: this greening cannot be achieved by companies alone, but can only be the result of different kinds of innovation: technological, organizational, institutional and lifestyle changes. The changes must be implemented at all levels, from the firm to international governance.' Dominique Bourg, University of Lausanne, Switzerland 'Crisis, Innovation and Sustainable Development is a fascinating exploration at the frontiers of economics and ecology. It combines topical surveys of current work with deep reflection on the repressed role of nature in the history of economics. A work of great range and value, especially for all concerned with the strategy of economic policy going forward.' James K. Galbraith, The University of Texas at Austin, US This unique and informative book highlights the relationship between crisis, innovation, and sustainable development, and discusses the necessary conditions required to seize the ecological opportunity. The authors study the strength of change for building a new society, and the theoretical origins and political aspects of environmental concerns. They also sketch the outlines of a global governance system seeking to promote sustainable development. Written from a multidisciplinary perspective, this volume will appeal to postgraduate students and researchers in the economics of innovation, environmental economics and political economy, as well as policy makers and practitioners.

In the era of Industry 5.0, the world faces a critical juncture where technological advancement collides with escalating socio-environmental challenges. Climate change, energy consumption, and threats to public health are exacerbated by the rapid embrace of Industry 4.0 technologies. As businesses pursue efficiency, the compromise on human and social sustainability becomes inevitable. The need for a holistic approach to sustainable development is urgent, where economic growth aligns seamlessly with environmental, social, and human well-being. Eco-Innovation and Sustainable Development in Industry 5.0 serves as a guide in the pursuit of sustainable development within Industry 5.0. This book dissects the intricate challenges posed by socio-environmental issues and seamlessly offers a multidisciplinary approach to achieving sustainable development goals. The detrimental impact of Industry 4.0 on sustainable development necessitates the paradigm shift proposed within the book. Economic pursuits can no longer overshadow the crucial pillars of human, social, and environmental sustainability. The delicate balance required for a sustainable future is at risk, demanding a multidisciplinary approach to reconcile these seemingly conflicting objectives. This book is a call to action, to bridge the knowledge gap and provide tangible solutions for achieving sustainability in Industry 5.0.