Actual problems of innovative economy and law

Journal "Actual problems of innovative economy and law" is included in category B for specialties: in the field of knowledge "Management and administration": 073, 076 (order of the Ministry of Education and Science of Ukraine dated 23.08.2023 No. 1035) and 071, 072, 075 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543); in the field of knowledge "Social and behavioral sciences" 051 (order of the Ministry of Education and Science of Ukraine dated August 23, 2023 No. 1035); in the field of knowledge "Law" - 081 and "Public management and administration" - 281 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543).
Registration of an entity in print media: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1390 dated 11/16/2023. Media identifier: R30-02018
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Environmental innovation management as a factor in enhancing the competitiveness of industrial enterprises

# 34 147-151 Download/view the full text of the article

УДК: 330.341.1

DOI: https://doi.org/10.36887/2524-0455-2025-5-34

Cherednyk Anna,
PhD in economics, associate professor, Associate Professor at the Department of Enterprise Economy and Business Organization,
Simon Kuznets Kharkiv national university of economics,
https://orcid.org/0009-0003-6471-0677
Khvostikov Andrii,
PhD in Economics, Lecturer,
Simon Kuznets Kharkiv National University of Economics, Kharkiv,
https://orcid.org/0000-0003-1177-9761

The article is devoted to environmental innovation management at industrial enterprises as a strategic tool for enhancing their competitiveness amid the transition to a sustainable development model and the intensification of global environmental challenges. The research topic is relevant because it aims to transform industrial production towards greening, decarbonization, and resource efficiency, thereby defining new requirements for enterprises to build competitive advantage in both domestic and international markets. In the context of increasing climate change, growing regulatory pressure, and shifts in consumer preferences, environmental innovations are becoming a key driver of long-term economic growth. The aim of the study is to substantiate the theoretical foundations of environmental innovation management at industrial enterprises and to determine its impact on the formation of competitive advantages within the framework of sustainable development. The article examines the essence of environmental innovation as a multidimensional category encompassing technological, organizational, and managerial changes aimed at reducing the negative environmental impact of production and increasing resource efficiency. The economic, social, and environmental effects of implementing environmental innovation are summarized, including cost reduction, productivity growth, increased profitability, a positive corporate image, strengthened corporate reputation, and improved environmental performance indicators. The role of environmental innovations as drivers of “green growth” and as tools for integrating enterprises into global value chains is substantiated, as is their function as a basis for building long-term competitive advantages grounded in innovation and environmental responsibility. Key barriers to the implementation of environmental innovations are identified, including financial and economic, technological, organizational and managerial, institutional, human resource, informational, and market barriers. It is determined that their complex nature significantly complicates the ecological transformation of industrial enterprises. The study reveals that overcoming these barriers effectively is possible only through a systemic approach that integrates environmental innovations into strategic enterprise management, diversifies financing sources, modernizes the technological base, develops ESG-oriented management, fosters an environmental culture among personnel, and enhances interaction with external stakeholders.

Keywords: environmental innovations, sustainable development, competitiveness, industrial enterprises, green innovations, circular economy.

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The article was received 12.09.2025

Quote article, APA style

Cherednyk A. , Khvostikov A. 12.09.2025. Environmental innovation management as a factor in enhancing the competitiveness of industrial enterprises. Actual problems of innovative economy and law. 2025. №5. 147-151 pp. https://doi.org/10.36887/2524-0455-2025-5-34

Quote article, MLA style

Cherednyk A. , Khvostikov A. Environmental innovation management as a factor in enhancing the competitiveness of industrial enterprises. Actual problems of innovative economy and law. 12.09.2025. https://doi.org/10.36887/2524-0455-2025-5-34