A Framework for Green/Eco-Innovation Through Use of a Novel Measure: E/R

  • Liliya Hogaboam
  • Alptekin Durmusoglu
  • Turkay Dereli
  • Tugrul Daim
Chapter
Part of the Green Energy and Technology book series (GREEN)

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

Toxicity Dioxide Transportation Marketing Assure 

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Copyright information

© Springer-Verlag London 2013

Authors and Affiliations

  • Liliya Hogaboam
    • 1
  • Alptekin Durmusoglu
    • 2
  • Turkay Dereli
    • 2
  • Tugrul Daim
    • 3
  1. 1.Nascentia CorporationPortlandUSA
  2. 2.Gaziantep UniversityGaziantepTurkey
  3. 3.Portland State UniversityPortlandUSA

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