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2020 | nr 3(113) | 33--44
Tytuł artykułu

Adoption of Green Innovations on Office Markets in Poland

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Purpose - In recent two decades, several important innovations have emerged and been adopted in the built environment across the world. Amongst the most prolific technological innovations are green (sustainable) and intelligent (smart) buildings design. The adoption of that innovation was particularly visible in the commercial property market. In the case of sustainable design, the process has been facilitated by the emergence of independent third party governance institutions and the development of green building certification systems. In many cases, the process of innovation diffusion is a spatial phenomenon that manifests as hierarchical/cascade or contagious dispersion of given technological advancements.
Design/methodology/approach - We analyze the spatial diffusion of sustainable innovation across commercial property markets in major cities in Poland. Using a city-level panel data we trace the diffusion of green building innovation diffusion. We focus on major green building certification scheme - LEED developed in the US, In the empirical part, we investigate the adoption of new technologies by analyzing the fraction of innovative (green) office space in particular office markets.
Findings - The diffusion of green innovation was particularly fast between 2010 and 2020 in all selected cities. Nonetheless the explorative research suggest that the dynamics of adoption of green technologies is different in selected cities. The adoption rate was the highest in Wroclaw, and the lowest in Krakow.
Limitations - The study focuses on diffusion of LEED certificates, and as such it does not cover all sustainable buildings. Many office projects have different green building certificates (mainly BREEAM). (original abstract)
Rocznik
Numer
Strony
33--44
Opis fizyczny
Twórcy
  • Cracow University of Economics, Poland
Bibliografia
  • Anzagira, L.F., Duah, D.,& Badu, E. (2019). A Conceptual Framework for the Uptake of the Green Building Concept in Ghana. Scientific African, 6, e00191. https://doi.org/10.1016/j.sciaf.2019.e00191.
  • Eichholtz, P., Kok, N., & Quigley, J.M. (2008). Doing Well by Doing Good Green Office Buildings (Program on Housing and Urban Policy No. W08-001). Program on Housing and Urban Policy.
  • Fuerst, F., Kontokosta, C., & McAllister, P. (2014).Determinants of Green Building Adoption. Environment and Planning B: Planning and Design, 41(3), 551-570. https://doi.org/10.1068/b120017p.
  • Fuerst, F., & McAllister, P. (2011).Green Noise or Green Value? Measuring the Effects of Environmental Certification on Office Values. Real Estate Economics, 39(1), 45-69. https://doi.org/10.1111/j.1540-6229.2010.00286.x.
  • Gluszak, M. (2015). Internationalization, Competiveness and Green Building Certification in Europe. In: P. Stanek & K. Wach (Eds.), Europeanization Processes from the Mesoeconomic Perspective: Industries and Policies (pp.173-191). Kraków: Cracow University of Economics.
  • Hägerstrand, T.(1953). Innovationsforloppet ur Korologisk Synspunkt, Gleerup, Lund.
  • Kibert, C.J. (2013). Sustainable Construction. Green Building Design and Delivery (Third Edition). John Wiley & Sons.
  • Kok, N., Mcgraw, M., & Quigley, J.M. (2011). The Diffusion of Energy Efficiency in Building. The American Economic Review, 101(3), 77-82.
  • Ma, J., & Cheng, J.C.P. (2017). Identification of the Numerical Patterns behind the Leading Counties in the U.S. Local Green Building Markets Using Data Mining. Journal of Cleaner Production, 151, 406-418. https://doi.org/10.1016/j.jclepro.2017.03.083.
  • Pivo, G., & Fisher, J.D. (2010). Income, Value, and Returns in Socially Responsible Office Properties. The Journal of Real Estate Research, 32(3), 243-270.
  • Rakha, T., Moss, T.W., & Shin, D. (2018). A Decade Analysis of Residential LEED Buildings Market Share in the United States: Trends for Transitioning Sustainable Societies. Sustainable Cities and Society, 39, 568-577. https://doi.org/10.1016/j.scs.2018.02.040.
  • Sedlacek, S., & Maier, G. (2012). Can Green Building Councils Serve as Third Party Governance Institutions? An Economic and Institutional Analysis. Energy Policy, 49, 479-487. https://doi.org/10.1016/j.enpol.2012.06.049.
  • Wiley, J.A., Benefield, J.D., & Johnson, K.H. (2010). Green Design and the Market for Commercial Office Space. Journal of Real Estate Finance and Economics, 41(2), 228-243.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171617680

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