{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,5,8]],"date-time":"2026-05-08T09:55:02Z","timestamp":1778234102378,"version":"3.51.4"},"reference-count":33,"publisher":"Springer Science and Business Media LLC","issue":"9","license":[{"start":{"date-parts":[[2024,11,7]],"date-time":"2024-11-07T00:00:00Z","timestamp":1730937600000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0"},{"start":{"date-parts":[[2024,11,7]],"date-time":"2024-11-07T00:00:00Z","timestamp":1730937600000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0"}],"funder":[{"DOI":"10.13039\/100007689","name":"Universidade de Aveiro","doi-asserted-by":"crossref","id":[{"id":"10.13039\/100007689","id-type":"DOI","asserted-by":"crossref"}]}],"content-domain":{"domain":["link.springer.com"],"crossmark-restriction":false},"short-container-title":["Environ Dev Sustain"],"abstract":"<jats:title>Abstract<\/jats:title>\n          <jats:p>Sustainability is a growing theme in society, and associated with it is the concept of circular economy (CE) that tries to reuse products for greater durability, thus contributing to reducing waste and pollution. A very important agent in this topic is eco-innovation (EI), which can be developed to promote the growth of this new economic concept. This study intends to determine the key drivers of EI for Portuguese companies, considering their evolution towards a circular economy. Using a Tobit model and data from the CIS, all the variables identified in the literature review were tested to understand their impact on firms\u2019 performance by measuring turnover growth (TG). Verifying all variables\u2019 effects was impossible from the estimations because not all were significant. Our findings allow concluding that not all drivers that appeared to have a positive impact on the TG had one. Therefore, the results show that not all theoretical drivers of eco-innovation are, in fact, drivers and may even represent negative impacts for the company, contrary to what one would predict. The negative effect that is still notorious regarding the costs that companies have associated with the implementation of these new measures should also be highlighted. It represents one of the biggest inhibitors for companies to integrate this action into their internal strategies.<\/jats:p>","DOI":"10.1007\/s10668-024-05593-3","type":"journal-article","created":{"date-parts":[[2024,11,7]],"date-time":"2024-11-07T04:03:00Z","timestamp":1730952180000},"page":"21155-21173","update-policy":"https:\/\/doi.org\/10.1007\/springer_crossmark_policy","source":"Crossref","is-referenced-by-count":1,"title":["Circular economy in firms\u2019 strategies\u2014What are the determinants of eco-innovation?"],"prefix":"10.1007","volume":"27","author":[{"given":"Maria","family":"Massapina","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-5271-0923","authenticated-orcid":false,"given":"M\u00f3nica","family":"Meireles","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-4905-2771","authenticated-orcid":false,"given":"Mara","family":"Madaleno","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"297","published-online":{"date-parts":[[2024,11,7]]},"reference":[{"issue":"4","key":"5593_CR1","doi-asserted-by":"publisher","first-page":"45","DOI":"10.5465\/amp.2008.35590353","volume":"22","author":"S Ambec","year":"2008","unstructured":"Ambec, S., & Lanoie, P. (2008). Does it pay to be green? A systematic overview. Academy of Management Perspectives, 22(4), 45\u201362. https:\/\/doi.org\/10.5465\/amp.2008.35590353","journal-title":"Academy of Management Perspectives"},{"key":"5593_CR2","unstructured":"APA. (2017). Leading the transition: action plan for circular economy in Portugal 2017\u20132020, Ag\u00eancia Portuguesa do Ambiente, December. https:\/\/circulareconomy.europa.eu\/platform\/sites\/default\/files\/strategy_portuguese_action_plan_paec_en_version_3.pdf."},{"key":"5593_CR3","first-page":"302","volume-title":"Corporate sustainability: The new pillar of the circular economy","author":"SG Azevedo","year":"2017","unstructured":"Azevedo, S. G., & Matias, J. C. O. (2017). Corporate sustainability: The new pillar of the circular economy (p. 302). Nova Science Publishers Inc."},{"issue":"16","key":"5593_CR4","doi-asserted-by":"publisher","first-page":"10318","DOI":"10.3390\/su141610318","volume":"14","author":"R Barkhausen","year":"2022","unstructured":"Barkhausen, R., Durand, A., & Fick, K. (2022). Review and analysis of ecodesign directive implementing measures: Product regulations shifting from energy efficiency towards a circular economy. Sustainability, 14(16), 10318. https:\/\/doi.org\/10.3390\/su141610318","journal-title":"Sustainability"},{"key":"5593_CR5","doi-asserted-by":"publisher","first-page":"239","DOI":"10.1016\/j.jclepro.2014.05.035","volume":"79","author":"WG Cai","year":"2014","unstructured":"Cai, W. G., & Zhou, X. L. (2014). On the drivers of eco-innovation: Empirical evidence from China. Journal of Cleaner Production, 79, 239\u2013248. https:\/\/doi.org\/10.1016\/j.jclepro.2014.05.035","journal-title":"Journal of Cleaner Production"},{"issue":"2019","key":"5593_CR6","doi-asserted-by":"publisher","first-page":"653","DOI":"10.1016\/j.jclepro.2018.12.150","volume":"214","author":"LA Colombo","year":"2019","unstructured":"Colombo, L. A., Pansera, M., & Owen, R. (2019). The discourse of eco-innovation in the European Union: An analysis of the eco-innovation action plan and horizon 2020. Journal of Cleaner Production, 214(2019), 653\u2013665. https:\/\/doi.org\/10.1016\/j.jclepro.2018.12.150","journal-title":"Journal of Cleaner Production"},{"key":"5593_CR7","unstructured":"Curto, R. F. (2018). Eco-Inova\u00e7\u00e3o e Capacidade Inovadora Empresarial - Fatores Determinantes nas Empresas Portuguesas. http:\/\/hdl.handle.net\/10400.6\/9848."},{"key":"5593_CR8","unstructured":"da Silva, P. A. A.. (2014). Eco-inova\u00e7\u00e3o na ind\u00fastria transformadora portuguesa\u202f: fatores impulsionadores. http:\/\/ubibliorum.ubi.pt\/handle\/10400.6\/3967."},{"key":"5593_CR9","doi-asserted-by":"publisher","first-page":"2999","DOI":"10.1016\/j.jclepro.2017.11.111","volume":"172","author":"A de Jesus","year":"2018","unstructured":"de Jesus, A., Antunes, P., Santos, R., & Mendon\u00e7a, S. (2018). Eco-innovation in the transition to a circular economy: An analytical literature review. Journal of Cleaner Production, 172, 2999\u20133018. https:\/\/doi.org\/10.1016\/j.jclepro.2017.11.111","journal-title":"Journal of Cleaner Production"},{"key":"5593_CR10","doi-asserted-by":"publisher","first-page":"75","DOI":"10.1016\/j.ecolecon.2017.08.001","volume":"145","author":"A de Jesus","year":"2018","unstructured":"de Jesus, A., & Mendon\u00e7a, S. (2018). Lost in Transition? Drivers and barriers in the eco-innovation road to the circular economy. Ecological Economics, 145, 75\u201389. https:\/\/doi.org\/10.1016\/j.ecolecon.2017.08.001","journal-title":"Ecological Economics"},{"key":"5593_CR100","doi-asserted-by":"publisher","unstructured":"Di Stefano, G., Gambardella, A., & Verona, G. (2012). Technology push and demand pull perspectives in innovation studies: Current findings and future research directions. Research policy, 41(8), 1283\u20131295. https:\/\/doi.org\/10.1016\/j.respol.2012.03.021","DOI":"10.1016\/j.respol.2012.03.021"},{"issue":"8","key":"5593_CR11","doi-asserted-by":"publisher","first-page":"1608","DOI":"10.1002\/bse.2336","volume":"28","author":"P Demirel","year":"2019","unstructured":"Demirel, P., & Danisman, G. O. (2019). Eco-innovation and firm growth in the circular economy: Evidence from European small- and medium-sized enterprises. Business Strategy and the Environment, 28(8), 1608\u20131618. https:\/\/doi.org\/10.1002\/bse.2336","journal-title":"Business Strategy and the Environment"},{"key":"5593_CR12","unstructured":"EIO (2016). Policies and Practices for Eco-Innovation Up-take and Circular Economy Transition. Eco-Innovation Observatory. EOI Bi-annual Report. European Commision."},{"key":"5593_CR13","unstructured":"EIO. (2019). Eco-innovation in Portugal. Country Profile 2018\u20132019: Portugal. Eco-Innovation Observatory. European Commission."},{"issue":"2","key":"5593_CR14","doi-asserted-by":"publisher","first-page":"191","DOI":"10.3934\/energy.2022011","volume":"10","author":"P Fragkos","year":"2022","unstructured":"Fragkos, P. (2022). Analysing the systemic implications of energy efficiency and circular economy strategies in the decarbonisation context. AIMS Energy, 10(2), 191\u2013218. https:\/\/doi.org\/10.3934\/energy.2022011","journal-title":"AIMS Energy"},{"key":"5593_CR15","doi-asserted-by":"publisher","first-page":"24","DOI":"10.1016\/j.resconrec.2017.08.002","volume":"135","author":"G Gaustad","year":"2018","unstructured":"Gaustad, G., Krystofik, M., Bustamante, M., & Badami, K. (2018). Circular economy strategies for mitigating critical material supply issues. Resources, Conservation and Recycling, 135, 24\u201333. https:\/\/doi.org\/10.1016\/j.resconrec.2017.08.002","journal-title":"Resources, Conservation and Recycling"},{"key":"5593_CR16","doi-asserted-by":"publisher","first-page":"757","DOI":"10.1016\/j.jclepro.2016.12.048","volume":"143","author":"M Geissdoerfer","year":"2017","unstructured":"Geissdoerfer, M., Savaget, P., Bocken, N. M. P., & Hultink, E. J. (2017). The circular economy \u2013 A new sustainability paradigm? Journal of Cleaner Production, 143, 757\u2013768. https:\/\/doi.org\/10.1016\/j.jclepro.2016.12.048","journal-title":"Journal of Cleaner Production"},{"key":"5593_CR17","doi-asserted-by":"publisher","first-page":"96","DOI":"10.1016\/j.wasman.2019.03.026","volume":"88","author":"V Gente","year":"2019","unstructured":"Gente, V., & Pattanaro, G. (2019). The place of eco-innovation in the current sustainability debate. Waste Management, 88, 96\u2013101. https:\/\/doi.org\/10.1016\/j.wasman.2019.03.026","journal-title":"Waste Management"},{"key":"5593_CR18","doi-asserted-by":"publisher","DOI":"10.1016\/j.esd.2024.101515","volume":"81","author":"TB Guven","year":"2024","unstructured":"Guven, T. B., Degirmenci, H., Gunerhan, A., & Altuntas, O. (2024). Energy efficiency and sustainability: Implementing circular economy principles for cabin waste management in aviation. Energy for Sustainable Development, 81, 101515. https:\/\/doi.org\/10.1016\/j.esd.2024.101515","journal-title":"Energy for Sustainable Development"},{"issue":"19","key":"5593_CR19","doi-asserted-by":"publisher","first-page":"3718","DOI":"10.3390\/en12193718","volume":"12","author":"G Halkos","year":"2019","unstructured":"Halkos, G., & Petrou, K. N. (2019). Analysing the energy efficiency of EU member states: The potential of energy recovery from waste in the circular economy. Energies, 12(19), 3718. https:\/\/doi.org\/10.3390\/en12193718","journal-title":"Energies"},{"key":"5593_CR20","doi-asserted-by":"publisher","first-page":"502","DOI":"10.1016\/j.jclepro.2017.10.314","volume":"174","author":"F He","year":"2018","unstructured":"He, F., Miao, X., Wong, C. W. Y., & Lee, S. (2018). Contemporary corporate eco-innovation research: A systematic review. Journal of Cleaner Production, 174, 502\u2013526. https:\/\/doi.org\/10.1016\/j.jclepro.2017.10.314","journal-title":"Journal of Cleaner Production"},{"issue":"1","key":"5593_CR21","doi-asserted-by":"publisher","first-page":"1","DOI":"10.2307\/2526523","volume":"26","author":"L-F Lee","year":"1985","unstructured":"Lee, L.-F., & Maddala, G. S. (1985). The common structure of tests for selectivity bias, serial correlation, heteroscedasticity and non-normality in the tobit model. International Economic Review, 26(1), 1\u201320. https:\/\/doi.org\/10.2307\/2526523","journal-title":"International Economic Review"},{"key":"5593_CR22","unstructured":"Lettenmeier, M., Rohn, H., Liedtke, C., & Schmidt-Bleek, F. (2009). Resource productivity in 7 steps. In Wuppertal Spezial (Vol. 41)."},{"key":"5593_CR23","doi-asserted-by":"publisher","first-page":"1953","DOI":"10.1007\/s00170-017-0610-9","volume":"93","author":"M Lieder","year":"2017","unstructured":"Lieder, M., Asif, F. M. A., Rashid, A., Miheli\u010d, A., & Kotnik, S. (2017). Towards circular economy implementation in manufacturing systems using a multi-method simulation approach to link design and business strategy. The International Journal of Advanced Manufacturing Technology, 93, 1953\u20131970. https:\/\/doi.org\/10.1007\/s00170-017-0610-9","journal-title":"The International Journal of Advanced Manufacturing Technology"},{"key":"5593_CR24","doi-asserted-by":"publisher","unstructured":"Madaleno, M., Robaina, M., Dias, M. F., & Meireles, M. (2020). Eco-innovation and firm performance in European highly energy consumers and polluting sectors. International Conference on the European Energy Market, EEM, 2020-September. https:\/\/doi.org\/10.1109\/EEM49802.2020.9221990.","DOI":"10.1109\/EEM49802.2020.9221990"},{"key":"5593_CR25","doi-asserted-by":"publisher","DOI":"10.1108\/BIJ-06-2020-0317","author":"G Maldonado-Guzm\u00e1n","year":"2020","unstructured":"Maldonado-Guzm\u00e1n, G., Garza-Reyes, J. A., & Pinz\u00f3n-Castro, Y. (2020). Eco-innovation and the circular economy in the automotive industry. Benchmarking. https:\/\/doi.org\/10.1108\/BIJ-06-2020-0317","journal-title":"Benchmarking"},{"key":"5593_CR26","doi-asserted-by":"publisher","first-page":"32","DOI":"10.1016\/j.ecolecon.2016.06.003","volume":"129","author":"NO Martins","year":"2016","unstructured":"Martins, N. O. (2016). Ecosystems, strong sustainability and the classical circular economy. Ecological Economics, 129, 32\u201339. https:\/\/doi.org\/10.1016\/j.ecolecon.2016.06.003","journal-title":"Ecological Economics"},{"key":"5593_CR27","unstructured":"Mazzanti, M., Antonioli, D., Ghisetti, C., & Nicolli, F. (2016). Firm Surveys relating Environmental Policies, Environmental Performance and Innovation. OECD Environment Working Papers, 103(103), 0\u201362."},{"issue":"2","key":"5593_CR28","doi-asserted-by":"publisher","first-page":"132","DOI":"10.3917\/mana.182.0132","volume":"18","author":"A Pinget","year":"2015","unstructured":"Pinget, A., Bocquet, R., & Mothe, C. (2015). Barriers to environmental innovation in SMEs: Empirical evidence from french firms. Management (France), 18(2), 132\u2013155. https:\/\/doi.org\/10.3917\/mana.182.0132","journal-title":"Management (France)"},{"key":"5593_CR29","doi-asserted-by":"publisher","first-page":"1","DOI":"10.21606\/drs.2016.489","volume":"4","author":"L Piscicelli","year":"2016","unstructured":"Piscicelli, L., & Ludden, G. (2016). The potential of design for behaviour change to foster the transition to a circular economy. DRS2016: Future-Focused Thinking, 4, 1\u201316. https:\/\/doi.org\/10.21606\/drs.2016.489","journal-title":"DRS2016: Future-Focused Thinking"},{"key":"5593_CR30","doi-asserted-by":"publisher","first-page":"605","DOI":"10.1016\/j.jclepro.2017.12.224","volume":"179","author":"V Prieto-Sandoval","year":"2018","unstructured":"Prieto-Sandoval, V., Jaca, C., & Ormazabal, M. (2018). Towards a consensus on the circular economy. Journal of Cleaner Production, 179, 605\u2013615. https:\/\/doi.org\/10.1016\/j.jclepro.2017.12.224","journal-title":"Journal of Cleaner Production"},{"key":"5593_CR31","doi-asserted-by":"publisher","first-page":"7","DOI":"10.1016\/j.procir.2017.03.005","volume":"64","author":"S Ritz\u00e9n","year":"2017","unstructured":"Ritz\u00e9n, S., & Sandstr\u00f6m, G. \u00d6. (2017). Barriers to the circular economy\u2014integration of perspectives and domains. Procedia CIRP, 64, 7\u201312. https:\/\/doi.org\/10.1016\/j.procir.2017.03.005","journal-title":"Procedia CIRP"},{"issue":"1","key":"5593_CR32","doi-asserted-by":"publisher","first-page":"1","DOI":"10.22201\/fca.24488410e.2019.1806.f","volume":"64","author":"X Vence","year":"2018","unstructured":"Vence, X., & Pereira, \u00c1. (2018). Eco-innovation and circular business models as drivers for a circular economy. Contaduria y Administracion, 64(1), 1\u201319. https:\/\/doi.org\/10.22201\/fca.24488410e.2019.1806.f","journal-title":"Contaduria y Administracion"}],"container-title":["Environment, Development and Sustainability"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/link.springer.com\/content\/pdf\/10.1007\/s10668-024-05593-3.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/link.springer.com\/article\/10.1007\/s10668-024-05593-3\/fulltext.html","content-type":"text\/html","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/link.springer.com\/content\/pdf\/10.1007\/s10668-024-05593-3.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2025,9,23]],"date-time":"2025-09-23T19:57:29Z","timestamp":1758657449000},"score":1,"resource":{"primary":{"URL":"https:\/\/link.springer.com\/10.1007\/s10668-024-05593-3"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2024,11,7]]},"references-count":33,"journal-issue":{"issue":"9","published-online":{"date-parts":[[2025,9]]}},"alternative-id":["5593"],"URL":"https:\/\/doi.org\/10.1007\/s10668-024-05593-3","relation":{},"ISSN":["1573-2975"],"issn-type":[{"value":"1573-2975","type":"electronic"}],"subject":[],"published":{"date-parts":[[2024,11,7]]},"assertion":[{"value":"25 March 2022","order":1,"name":"received","label":"Received","group":{"name":"ArticleHistory","label":"Article History"}},{"value":"19 October 2024","order":2,"name":"accepted","label":"Accepted","group":{"name":"ArticleHistory","label":"Article History"}},{"value":"7 November 2024","order":3,"name":"first_online","label":"First Online","group":{"name":"ArticleHistory","label":"Article History"}},{"order":1,"name":"Ethics","group":{"name":"EthicsHeading","label":"Declarations"}},{"value":"The authors have no competing interests to declare that are relevant to the content of this article.","order":2,"name":"Ethics","group":{"name":"EthicsHeading","label":"Conflict of interests"}},{"value":"The authors have nothing to declare in this regard, relevant to the content of the article.","order":3,"name":"Ethics","group":{"name":"EthicsHeading","label":"Compliance with ethical standards"}}]}}