This paper studies the role of green research and development (R&D) subsidies under different environmental policies. Using a stylized equilibrium model calibrated to the European electricity sector, I analyze the effects of R&D subsidies under (1) an emission tax, (2) an emission cap, and (3)...

This paper explores the relationship between firms' cooperation and their propensity toward environmental innovation.Previous literature has emphasized the peculiarities of such innovations based on their drivers, their positive spill-overs and the importance of regulation to trigger them. This...

The aim of the Integrated Product Policy (IPP) is to promote product-related eco-innovations. These, in turn, depend on both support for the development of environmentally-friendly products and stimulation of demand for such products. However, it is companies that play the crucial role in the...

Experten der Unternehmsberatung Roland Berger Strategy Consultants erwarten bis 2020 einen Zuwachs von 120 Prozent bei Umweltschutztechnik. Die Berater hatten über 90 führende Unternehmen zu Marktchancen in sechs Bereichen befragt: Energieerzeugung und -speicherung, Energieeffizienz,...

This paper studies the impact of environmental innovation on employment growth using firm-level data for 16 European countries and the period 2006-2008. It extends the model by Harrison et al (2008) in order to distinguish between employment effects of environmental and non-environmental product...

This paper examines determinants of firms' innovations with environmental benefits. Using micro-data from Ireland, we identify and quantify the impact of environmental regulations, innovation-inputs, firm-specific characteristics, spillovers from other green innovators, public funding and...

The influence of environmental policy on innovative behaviour of companies has so far received little attention in scientific discourse. Based on recent literature, the paper analyses the impact of requirements, levies, permits, liability laws, and the EC-eco- audit regulation with respect to...

We examine impacts of different types of environmental innovations on firm profits. Following Porter’s (1991) hypothesis that environmental regulation can improve firms’ competitiveness we distinguish regulation induced and voluntary environmental innovations. We find that innovations which...