Open Access Open Access  Restricted Access Subscription or Fee Access

Innovation Potential of Ecological Modernization for Green Growth of Economics: A Case Study

O. V. Shkarupa, O. I. Karintseva, I. S. Shkarupa


The questions of using of innovation potential of companies for ecological modernization to green growth of economy are discussed. The authors identified the main issues of innovation potential of ecological modernization for green economic growth. The authors proposed to consider innovative potential of ecological modernization as part of the capacity of the company for the formation of necessary possibilities for greening. The authors highlighted that without the participation of the industrial enterprises and companies the task of forming of highly efficient national innovation system cannot be performed. In the manuscript the authors estimated the level of innovative possibilities of some Sumy companies. It is proved that the essential lack of attention is paid to innovation potential of environmental modernization, which entails serious breaking the rate of development of the enterprises as a whole, and innovative activities particularly. According to the results the majority of companies have an average level of innovation capacity for greening. It is proposed to develop measures for development innovation potential.


Sustainable development, Green economics, Green growth, Innovation Potential.

Full Text:


Disclaimer/Regarding indexing issue:

We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information. Also: DOI is paid service which provided by a third party. We never mentioned that we go for this for our any journal. However, journal have no objection if author go directly for this paid DOI service.