Analysis of Innovation and Its Environmental Impacts on the Chemical Industry

Globalization of the economy and the need to achieve competitiveness drive organizations to invest in technology and in innovation, in order to find solutions that will provide advantages in an ever-more competitive market. The conflict between dwindling natural resources and the demand for economic growth has created a growing need to find means for making environmental conservation compatible with economic growth. The objective of this study is to contribute to the debate by analyzing the innovations implemented by chemical companies in the Sinos Valley region, Rio Grande do Sul, Brazil, and by identifying the motivations that drive them to develop environmental technologies. The study is exploratory and descriptive, with a quantitative data collection component in the form of a survey sent to all chemical companies in the Sinos Valley region, listed in a local business association database. The study results indicate that development of innovations is predominantly of an incremental nature and that novelty is generally restricted to the new-for-firm level. The environmental technologies implemented are generally designed to prevent or remedy environmental damage and are primarily motivated by the need to comply with environmental standards and legislation.