The Role of Green Innovation in Achieving Sustainable Development –The Successful Experience
Abstract
This study aims to clarify the role of green innovation in achieving sustainable development by defining the conceptual framework of green innovation and sustainable development, and by analyzing the correlation between green innovation—through its dimensions: green product, green processes, and green organizational innovation—and the dimensions of sustainable development: economic, social, and environmental. This study presents a selection of successful experiences that have adopted green practices across various fields and industries. To achieve this, we used the descriptive method, which is suitable for analyzing previous literature on the topic and for identifying the correlation between the study’s variables. The study concluded that the elements of green innovation contribute to achieving the economic, social, and environmental dimensions of sustainable development. Green innovation supports the production of environmentally friendly products that promote economic growth, and improve quality of life. It also enhances operational processes and helps regulate organizational frameworks that aim to rationalize resource and energy consumption, manage waste, and reduce operating costs
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