Impact of green product innovation in SMEs on sustainable development

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dc.contributor.authorRadjenovic, Tamara
dc.contributor.authorIvanovic-Djukic, Maja
dc.contributor.authorJankovic Milic, Vesna
dc.date.accessioned2026-04-08T07:33:30Z
dc.date.available2026-04-08T07:33:30Z
dc.date.issued2026
dc.description.abstract-translatedThis paper investigates the contribution of green product innovation implemented by small and medium-sized enterprises (SMEs) in Europe to sustainable development, and the drivers of SMEs to introduce green product innovation. We selected the following groups of drivers: own financial resources, own green technical expertise, and external support, starting from the results of Flash Eurobarometer report. By applying logit regression to a sample of 12,657 SMEs in 34 European countries (European Union and Western Balkans), we examined how these drivers can influence the increase in the number of SMEs offering green products in the future. The results showed that the greatest impact on increase in SMEs offering green products can have external support and increase in own green technical expertise, as well as an increase in green expertise in combination with an increase in internal financing, while an increase in internal financing alone has no significant impact.en
dc.description.sponsorshipThis study was supported by the Ministry of Science, Technological Development and Innovation of the Republic of Serbia (Contract No. 451-03-137/2025-03/200148) and contributes to SDG 8 and 9. This paper is part of the research done within the international project “CROSS-Disciplinary Network for Research Excellence in Regenerative Economy Innovation EcoSystems – CROSS-REIS” that has received funding from the European Union’s Horizon Europe programme under Grant Agreement No. 101136834.en
dc.format14 s.cs
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.15240/tul/001/2026-1-005
dc.identifier.issn2336-5604 (Online)
dc.identifier.issn1212-3609 (Print)
dc.identifier.urihttp://hdl.handle.net/11025/67554
dc.language.isoenen
dc.publisherTechnická univerzita v Libercics
dc.rightsCC BY-NC 4.0en
dc.rights.accessopenAccessen
dc.subjectinovace zelených produktůcs
dc.subjectudržitelný rozvojcs
dc.subjectmalé a střední podnikycs
dc.subjecthnací sílycs
dc.subject.translatedgreen product innovationen
dc.subject.translatedsustainable developmenten
dc.subject.translatedSMEsen
dc.subject.translateddriversen
dc.titleImpact of green product innovation in SMEs on sustainable developmenten
dc.typečlánekcs
dc.typearticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
local.files.count1*
local.files.size520664*
local.has.filesyes*

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