Eco-innovation as a tool of transition to sustainable development

This article discusses types of sustainable eco-innovation, analyzes their importance in the process of transition to sustainable development of the economy, are obvious advantages for businesses and for the state as a whole from the creation, implementation and development of eco-innovation. It analyzes the benefits of sustainable production compared to the same kind of business without the introduction of ecological factor in industrial activity. The article presents the four success factors of sustainable product innovation.