A Framework for Green/Eco-Innovation Through Use of a Novel Measure: E/R
Abstract
Eco-innovation has been a recent idea used to describe development of products, services and processes that contribute to sustainable development (SD) through commercial application of knowledge considering ecological facts. This chapter introduces a green/eco-innovation framework incorporating the uncertainties and acquisitions together. A measure is used to indicate the ratio between “possible risks” and “values added”. This measure is named as “E/R” ratio, where E represents “eco-innovative acquisitions provided by the proposed novelty” and R denotes the “risks which arise as the consequence of novelty”. A simple evaluation structure has been developed to calculate the value of E/R ratio for a certain novelty. Proposed framework is tested through the case of green buildings providing an insight into the risks associated with them.
Keywords
Quality Function Deployment Green Building Product Durability Sustainable Innovation Indoor Environmental QualityReferences
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