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Eco-Innovation Practices: Insight from Malaysia's Green Technology Sector

Eco-Innovation Practices: Insight from Malaysia's Green Technology Sector
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Author(s): Yudi Fernando (Universiti Sains Malaysia, Malaysia)and Wah Wen Xin (Universiti Sains Malaysia, Malaysia)
Copyright: 2015
Pages: 13
Source title: Business Transformation and Sustainability through Cloud System Implementation
Source Author(s)/Editor(s): Fawzy Soliman (University of Technology, Sydney, Australia)
DOI: 10.4018/978-1-4666-6445-6.ch013

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Abstract

This chapter describes a study which seeks to test whether there is a significant difference between levels of eco-innovation practices on the type of ownership in green technology sector. Malaysian fully owned companies and joint venture companies have no difference in environmental regulatory compliance. Both types of ownership have the knowledge and expertise to ensure companies meet all environmental regulatory mandates. Both types of ownership have not much difference in terms of attainment after successful completion of environmental compliance. As reinforcement, in Malaysia environment law, companies are required to have inspection visits by regulatory. For these reasons environmental inspection is carried out periodically for both types of ownership. The regulation of inspection and monitoring can address wider environment issues.

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