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Effects of regulation-driven green innovations on short sea shipping's environmental and economic performance

机译:调节绿色创新对短海运环境与经济绩效的影响

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摘要

Despite its pivotal role in European trade, today's short sea shipping (SSS) industry faces the dual challenge of lessening its environmental footprint while improving its economic performance. To reduce the pollution caused by their operations, SSS companies are required to comply with increasingly stringent environmental regulations enacted by global and regional authorities such as the European Union and the International Maritime Organization. However, the companies tend to regard those regulations as imposing an additional burden of cost that compromises their capacity to enhance their economic performance. This paper examines the impact of external institutional driver namely regulatory pressure on the adoption of green innovations in SSS and in turn, the impact of those innovations on the environmental and economic performance of SSS companies. To investigate the hypothesised relationships of those constructs, a structural equation model was developed and tested with data from a survey conducted amongst 101 short sea shipping companies headquartered in Europe. As detailed in the paper, the analysis revealed that regulatory pressure has generated green innovations that have enhanced the environmental and economic performance of European SSS companies and, as a result, led to a win-win situation for all parties involved. The paper discusses what those findings imply for SSS firm managers and policymakers who seek to improve the environmental or economic performance of Europe's SSS industry.
机译:尽管欧洲贸易中的关键作用,但今天的短海运(SSS)行业面临着减少其环境足迹的双重挑战,同时提高其经济绩效。为了减少其运营造成的污染,SSS公司必须遵守欧洲联盟和国际海事组织等全球和区域当局所颁布的日益严格的环境法规。然而,这些公司倾向于将这些规定视为对其提高其经济绩效的能力造成额外的成本负担。本文探讨了外部机构司机的影响即监管压力对SSS的采用绿色创新,以及这些创新对SSS公司环境和经济绩效的影响。为了研究这些构建体的假设关系,开发了结构方程模型,并通过从总部位于欧洲的101个短海运公司之间进行的调查数据进行了数据。详细说明,分析表明,监管压力已产生绿色创新,增强了欧洲SSS公司的环境和经济表现,并导致所有参与各方的双赢局面。本文讨论了那些对SSS公司经理和政策制定者寻求提高欧洲SSS行业的环境或经济表现的调查结果。

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