Rethinking the Porter Hypothesis: The Underappreciated Importance of Value Appropriation and Pollution Intensity

被引:201
作者
Petroni, Giorgio [1 ]
Bigliardi, Barbara [2 ]
Galati, Francesco [2 ]
机构
[1] INAF Natl Inst Astrophys, Milan, Italy
[2] Univ Parma, Ind Engn & Management, Parma, Italy
关键词
Porter hypothesis; environmental regulation; profitability; competitiveness; value appropriation; pollution intensity; ENVIRONMENTAL-REGULATION; VALUE CREATION; HISTORICAL-PERSPECTIVE; VALUE CAPTURE; VALUE CHAINS; INNOVATION; POLICY; GREEN; PRODUCTIVITY; PAY;
D O I
10.1111/ropr.12317
中图分类号
D0 [政治学、政治理论];
学科分类号
0302 ; 030201 ;
摘要
The impact of environmental regulation on the competitiveness of firms and industries remains a hot topic. Since the formulation of the Porter hypothesis, scholars from different research areas have tried to confirm or deny it. However, despite a vast literature engaging this debate, it remains unclear whether and under what conditions the hypothesis could be considered valid. We believe that this is due to the need to consider some additional factors. The aim of this review is to propose additional and significant themes, namely value appropriation and pollution intensity, to be considered when examining the impact of environmental regulation on the innovation and profitability of firms. Results show that the validity of the Porter hypothesis cannot be proved in any condition, but at the same time, there are additional factors that have a relevant influence on that construct, which can lead to a validation or rejection of the hypothesis.
引用
收藏
页码:121 / 140
页数:20
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