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Financial Analytics: Science and Experience
 

Evaluation of the level of development of process environmental innovation

Vol. 9, Iss. 34, SEPTEMBER 2016

PDF  Article PDF Version

Received: 16 August 2016

Received in revised form: 28 August 2016

Accepted: 12 September 2016

Available online: 22 September 2016

Subject Heading: MATHEMATICAL ANALYSIS AND MODELING IN ECONOMICS

JEL Classification: Q51, Q58, R15

Pages: 2-11

Ratner S.V. Trapeznikov Institute of Control Sciences of Russian Academy of Sciences, Moscow, Russian Federation
lanaratner@ipu.ru

Iosifov V.V. Kuban State Technological University, Krasnodar, Russian Federation
iosifov@kubstu.ru

Subject The article discusses the issues of assessing the level of development of the various types of environmental innovation: product, process, organizational, and the marketing ones.
Objectives The paper aims to develop a method of indirect measuring the level of development of process environmental innovation.
Methods To develop the indirect measurement method, we used a DEA methodology. The method reduces to the solution of the problem of nonparametric optimization of multiple indicators of industrial and environmental activities of homogeneous economic agents.
Results The developed method of indirect measurement of the level of development of process ecological innovations has been validated at many electricity companies, within the framework of OAO OGK-2. The resulting estimates of the level of development of process environmental innovation of the companies surveyed go well with the results of analysis of the technological structure of production of these companies obtained by other researchers.
Conclusions The proposed method of measuring the level of development of process environmental innovation is an important contribution to the theory and methodology of the study of barriers to environmental innovation. The advantage of the method proposed: the measurement results are presented in a ratio scale, which allows both to rank companies according to the criterion of development of process ecological innovations, and to assess the definite margin of superiority of one company over another, in this aspect. The disadvantage of the approach proposed is the dependence of measurement results on the number of measured objects.

Keywords: eco-innovations, data envelopment analysis, eco-economic efficiency, best technology available

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