RT journal article T1 Eco-Innovation as a Positive and Happy Industry Externality: Evidence from Mexico A1 Galván-Vela, Esthela A1 Ruíz-Corrales, Missael A1 Ahumada-Tello, Eduardo A1 Ravina Ripoll, Rafael A2 Organización de Empresas K1 eco-innovation K1 environmental impact K1 sustainable development K1 externalities AB This research has carried out structural equation modelling to empirically examine whetherMexican industrial firms have a green policy to reduce their environmental impact. It will allow themto enjoy sustainable development based on eco-innovation and happiness management principles.This type of innovation can be initiated by the companies’ own will or by external factors, such asmarket requirements, the demands of customers, consumers, suppliers, and civil society throughcorporate social responsibility. The findings of this article highlight three main aspects. The first isthat the statistically analysed eco-innovation actions undertaken by the companies are essentiallymotivated by market pressures through customers, the financial sector, and civil society. Secondly,economic incentives in Mexico are crucial for manufacturing companies to implement environmentallyfriendly production patterns within their organisations since this generates the possibility ofdeveloping new businesses. Furthermore, eco-innovation generates competitive advantages whenthe production of the examined companies minimises environmental pollution. It allows access tonew markets. In this way, eco-innovation becomes a cornerstone in the economic and internationalgrowth of the corporations in this study. PB MDPI SN 2071-1050 YR 2023 FD 2023 LK http://hdl.handle.net/10498/32479 UL http://hdl.handle.net/10498/32479 LA eng DS Repositorio Institucional de la Universidad de Cádiz RD 09-nov-2026