Eco-innovation in Small and Medium Enterprises (SMEs): a Systematic Literature Review

In recent years, there has been a surge in interest in eco-innovation among SMEs. So, there is a need to gain a better understanding of the most recent advances in academic research as well as recent practical organizational efforts. This was accomplished through a systematic review of the eco-innovation literature pertaining to small and medium businesses (published between 2002 and 2020). To conduct this systematic literature review, we used data from one of the most comprehensive databases, the Scopus database. This study analyzed 80 articles from a total of 205 articles. The data selected for this paper is guided by the preferred reporting items for systematic reviews and meta-analyses (PRISMA) flow diagrams. This paper provides a descriptive overview of a selected article in the field of eco-innovation, analyzing the growth trend of published articles, popular methodologies used, most productive regions, top journals, and industries in which eco-innovation is studied mostly. This study also identifies the key research areas in the body of literature, classifying the main factors influencing and impeding the adoption of eco-innovations, the prevailing theories, as well as the effects and outcomes of eco-innovation adoption in SMEs. The findings of this study provide crucial information on eco-innovation for academicians and professionals, enabling them to advance the research agenda in the field.