Chapter 17b - International Strategies of CER Flashcards
Idea of Porter and van der Linde
Argue that government imposted environmental regulations can enhance competitiveness by pushing companies to come up with innovative ways to use resources more productively and potentially develop green FSAs
Environmental regulations can trigger two types of innovation
Innovation involving technologies that reduce the costs of dealing with pollution
Innovation addressing the root cause of pollution by improving resource productivity
5 major features that make good for environmental regulations
Create maximum opportunity
Stringent rather than modest
Allow for a phasing in period
Encourage resource productivity approach
Countries should ideally develop regulations for other countries
Kolk and Pinske suggest
That flexible public policies in the climate change sphere are more prevalent now
Two strategic goals that firms should follow according to Kolk and Pinske
Innovation
Compensation
Kolk and Pinske say that firms fall under these six broad types
Cautious planner
Emergent planners
Internal explorers
Vertical explorers
Horizontal explorers
Emission traders