The Porter Hypothesis Revisited - An Overview on Empirical and Theoretical Evidence
By presenting a comprehensive introduction to the Porter Hypothesis this paper is meant to lay the foundation for future work on the hypothesis’ controversial assertions. Beginning with a discussion and an ensuing operationalization of the notion competitiveness the original assertions of the Hypothesis are presented subsequently. The claim that inefficiencies within firms may exist is discussed by means of agency and knowledge issues. The thusly obtained insights then give rise to an extension of the original framework of innovation and first-mover effects. After that empirical and theoretical evidence for or against the revisionist view is presented and discussed. The paper ends with a discussion on essential parts of a forthcoming advanced strategic environmental policy model.
environmental regulation, strategic environmental policy, international competitiveness, Porter Hypothesis
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