ANALYSIS OF THE ECOLOGICAL INNOVATION POTENTIAL OF THE FINANCE SECTOR IN THE DIGITAL TRANSFORMATION PROCESS AND A POLICY PROPOSAL : A MIXED METHOD STUDY

2023-7-14
Öğütçü Ulaş, Gizem
In recent years, resource efficiency and climate crisis have been on the agenda of countries due to the global impact of environmental pollution and the rapid depletion of limited and scarce natural resources. The concept of eco-innovation is a more global innovation concept than other types of innovation due to its connection with the environment and its dynamics. Eco-innovation has the potential to play an important role in sustainable transition. However, lack of financial resources is one of the most important obstacles to eco-innovation. Turkey is one of the countries that can be most exposed to the negative effects of climate change due to its complex climate structure. It needs to take careful measures against these negative effects. The main purpose of this study is to design the policies to increase the ecological innovation capacity of the financial sector by examining the dynamics of the sector from the perspective of the sector actors and within the framework of the finance-centered platform innovation system approach designed within the scope of this study. Based on this purpose, 31 online interviews were conducted using the semi-structured interview method, covering all the defined roles of the financial sector actors. In addition, in the quantitative part of the study, a scale was developed to measure the perceived eco-innovation awareness of the financial sector players, and data was collected with an online survey. In this study, the convergent parallel design pattern was used, and quantitative and qualitative data were collected independently but simultaneously. The collected data were analyzed independently and the results were interpreted together. Based on the results obtained, 10 policy recommendations and 49 policy tools that may enable the realization of these recommendations were designed by using the newly developed policy design methodology within the scope of this study.
Citation Formats
G. Öğütçü Ulaş, “ANALYSIS OF THE ECOLOGICAL INNOVATION POTENTIAL OF THE FINANCE SECTOR IN THE DIGITAL TRANSFORMATION PROCESS AND A POLICY PROPOSAL : A MIXED METHOD STUDY,” Ph.D. - Doctoral Program, Middle East Technical University, 2023.