Environmental Innovations and Organizational Change: Is Complementarity a Firm’s Asset in the Green Economy?

Along the line of the Porter hypothesis, firm’s might react to and challenge environmental policy in a forward looking way. This needs a full restructuring of firm’s assets, technologies and competencies. We empirically show through a bivariate probit analysis of environmental innovations (EI) drivers that manufacturing firms that are subject to more stringent policies might use complementarity between organizational strategies to enhance the adoption of EI more extensively.