Suchergebnisse

Introduction -- Space economy overview -- The phases of development in space activities -- Public actors in the space economy: the space agencies -- The economic impact of space science -- Products and services deriving from space activities -- Venture capital investment in the space sector -- Industrial structure evolution and outlook -- Space military: strategy and economics -- Economic benefits deriving from international collaboration -- The economic effect of space regulation.

AbstractThe impact of environmental regulation on the competitiveness of firms and industries remains a hot topic. Since the formulation of the Porter hypothesis, scholars from different research areas have tried to confirm or deny it. However, despite a vast literature engaging this debate, it remains unclear whether and under what conditions the hypothesis could be considered valid. We believe that this is due to the need to consider some additional factors. The aim of this review is to propose additional and significant themes, namely value appropriation and pollution intensity, to be considered when examining the impact of environmental regulation on the innovation and profitability of firms. Results show that the validity of the Porter hypothesis cannot be proved in any condition, but at the same time, there are additional factors that have a relevant influence on that construct, which can lead to a validation or rejection of the hypothesis.