Environmental technologies and competitive advantage

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

In this decade and the coming century, the natural environment will be an important arena for economic competition. Ecological issues regarding energy, natural resources, pollution, and waste offer both competitive opportunities and constraints, and are changing the competitive landscape in many industries. Corporations can gain competitive advantage by managing ecological variables. This paper explains the concept of 'environmental technologies' as a competitive force and a tool for competitive advantage. Environmental technologies offer a new substantive orientation and a managementprocess for minimizing ecological impacts of economic production while enhancing competitiveness of firms. The practicalapplication of environmental technologies is illustrated using a mini case example of 3M Corporation. Strategic implications of environmental technologies for competitiveness are explored.

Original languageEnglish (US)
Title of host publicationBusiness Ethics and Strategy, Volumes I and II
PublisherTaylor and Francis
Pages317-334
Number of pages18
ISBN (Electronic)9781351954051
ISBN (Print)9780754626091
DOIs
StatePublished - Jan 1 2018

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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  • Cite this

    Shrivastava, P. (2018). Environmental technologies and competitive advantage. In Business Ethics and Strategy, Volumes I and II (pp. 317-334). Taylor and Francis. https://doi.org/10.4324/9781315261102-20