FINANCIAL CHALLENGES OF INVESTING IN ECO-INNOVATION

TODOROVIC, Brankica

doi:10.65672/jfme.2025.1.27

FINANCIAL CHALLENGES OF INVESTING IN ECO-INNOVATION

Authors

TODOROVIC, Brankica — Faculty of Contemporary Art, Belgrade, Svetozara Miletica no. 12, Serbia

Landing page: https://www.icfm.ro/jfme.icfm.ro/articles/vol13i1p285-294.html

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DOI: 10.65672/jfme.2025.1.27

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Abstract

Eco-innovation represents the entrepreneurial and innovative potential of companies aimed at sustainable business practices based on the introduction and development of eco-innovations. Sources of financing for eco-innovation include bank loans, green loans, as well as external funding sources. The research in this paper focuses on the analysis of financial support measures for eco-innovation from the perspective of their relevant impact on fostering eco-innovations. By applying quantitative and qualitative research methods grounded in an analytical approach, the study examines the National Recovery and Resilience Plans (RRP) of EU countries in relation to the achieved Eco-Innovation Index in the domains of Eco-Innovation Inputs and Eco-Innovation Outputs. The obtained results are synthesized to underscore the need for enhanced financial support, viewed through the lens of how direct and indirect measures contribute to various relevant dimensions of eco-innovation.

JEL Classification

G11, G23, Q56

Keywords

finance, financial support measures, statistical analysis, eco-innovation, Eco-Innovation Index

How to cite

TODOROVIC, Brankica (2025). FINANCIAL CHALLENGES OF INVESTING IN ECO-INNOVATION. Journal of Financial Management and Economics, 13(1), 285-294. DOI: 10.65672/jfme.2025.1.27.

RePEc record

Handle: Repec:vls:rojfme:v:13:y:2025:i:1:p:285-294