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An R-Based Landscape Validation of a Competing Risk Model
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Ecological risks and innovative-investment projects.

Gelrud Yakov D1, Jianan Cui1, Festus Victor Bekun2,3

  • 1South Ural State University, Chelyabinsk, Russia.

Environmental Science and Pollution Research International
|December 8, 2022
PubMed
Summary
This summary is machine-generated.

Investment in technological innovation can be balanced with environmental protection. Shifting towards environmental technological innovations ensures both economic benefits and ecological sustainability for public interest.

Keywords:
Carbon-reductionEnvironment protectionEnvironmental risksInnovative investment

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Area of Science:

  • Environmental economics
  • Innovation studies
  • Sustainable development

Background:

  • Global market competition intensifies, necessitating focus on innovative investment environments.
  • Economic development and resource extraction have led to significant environmental damage.
  • Existing research on innovation primarily addresses financial and market risks, neglecting environmental risks.

Purpose of the Study:

  • To investigate the relationship between ecological risks and innovative investment.
  • To analyze the environmental risks associated with technological innovations.
  • To explore strategies for integrating environmental protection with innovation investment.

Main Methods:

  • Literature review on innovation, environmental economics, and risk assessment.
  • Conceptual analysis of the nexus between technological innovation and ecological impact.
  • Policy analysis for sustainable development strategies.

Main Results:

  • Technological innovations can pose significant environmental risks.
  • Simultaneous investment in innovation and environmental protection is feasible.
  • Achieving both economic and ecological targets is possible through strategic investment.

Conclusions:

  • A paradigm shift from industrial to environmental technological innovations is crucial.
  • Integrating economic benefits with environmental interests ensures sustainable development.
  • Prioritizing environmental technological innovations safeguards public and social interests.