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The idea of eco-innovation is fairly recent. [1] One of the first appearances in the literature was in a 1996 book by Claude Fussler and Peter James. [2] In a subsequent article in 1997, Peter James defined eco-innovation as "new products and processes which provide customer and business value but significantly decrease environmental impacts". [3]
A lot of companies using ecopreneurship principles incorporate sustainable product design. Product design incorporating sustainability can happen at any stage of the business, including material extraction, logistics, the manufacturing process, disposal, etc. Sustainable product design can be achieved using innovative technology (or Eco-innovation), cradle to cradle design, bio-mimicry, etc.
EcoFlow was founded in May 2017 by Bruce Wang. [4] They started with the launch of the RIVER mobile power station. [5] By 2019, the company expanded to Tokyo, Japan and introduced the DELTA 1300 with faster charging. [6]
So research is now still more focused on environmental innovations, or eco-innovations, and the interplay of various societal factors (scientific, economic, institutional, legal, political, cultural) which foster or hamper such innovations (Klemmer et al., 1999; Huber, 2004; Weber and Hemmelskamp, 2005; Olsthoorn and Wieczorek, 2006).
Ecotechnology is an applied science that seeks to fulfill human needs while causing minimal ecological disruption, by harnessing and manipulating natural forces to leverage their beneficial effects.
Environment friendly processes, or environmental-friendly processes (also referred to as eco-friendly, nature-friendly, and green), are sustainability and marketing terms referring to goods and services, laws, guidelines and policies that claim reduced, minimal, or no harm upon ecosystems or the environment.
Eco commerce is a business, investment, and technology-development model that employs market-based solutions to balancing the world's energy needs and environmental integrity. Through the use of green trading and green finance , eco-commerce promotes the further development of " clean technologies " such as wind power , solar power , biomass ...
One such innovation is the integration of wind and solar power to maximize energy production. Companies like Unéole are pioneering technologies that combine solar panels with wind turbines on the same platform, which is particularly advantageous for urban environments with limited space.