全球智库信息集成服务系统(G2TT): Directing Technical Change from Fossil-Fuel to Renewable Energy Innovation: An Empirical Application Using Firm-Level Patent Data

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Directing Technical Change from Fossil-Fuel to Renewable Energy Innovation: An Empirical Application Using Firm-Level Patent Data
	Joëlle Noailly; Roger Smeets
发表日期	2013
出处	Climate Change and Sustainable Development
出版年	2013
语种	英语
摘要	This paper investigates the determinants of directed technical change in the electricity generation sector. We use firm-level data on patents led in renewable (REN) and fossil fuel (FF) technologies by about 7,000 European firms over the period 1978-2006. We separately study specialized firms that innovate in only one type of technology during the sample period, and mixed firms that innovate in both technologies. We find that for specialized firms the main drivers of innovation are fossil-fuel prices, market size, and firms' past knowledge stocks. Also, prices and market size drive the entry of new REN firms into innovation. By contrast, we find that innovation by mixed firms is mainly driven by strong path-dependencies since for these firms past knowledge stock is the major driver of the direction of innovation. These results imply that generic environmental policies that affect prices and energy demand are mainly effective in directing innovation by small specialized firms. In order to direct innovation e orts of large mixed corporations with a long history of FF innovation, targeted R&D policies are likely to be more effective.
特色分类	Q4
关键词	Directed Technical Change Renewable Energy Fossil Fuel Energy Patents Innovation Firm Dynamics
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/directing-technical-change-from-fossil-fuel-to-renewable-energy-innovation-an-empirical-application-using-firm-level-patent-data/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/118162
推荐引用方式 GB/T 7714	Joëlle Noailly,Roger Smeets. Directing Technical Change from Fossil-Fuel to Renewable Energy Innovation: An Empirical Application Using Firm-Level Patent Data. 2013.

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