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may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …
Persistent link: https://www.econbiz.de/10005051544
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005181434
This paper examines the relative influence of domestic and foreign renewable energy policies on innovation activity in … new capacities by increasing their innovation effort. However, the effect on innovation of the marginal wind turbine …
Persistent link: https://www.econbiz.de/10010745607
countries on the rate of innovation in this technology. We use annual wind power generation to capture the stringency of the … an indicator of innovation activity. We find that wind technology improvements respond positively to policies both home … constitutes a powerful policy leverage for boosting environmental innovation globally. …
Persistent link: https://www.econbiz.de/10011126232
innovation distinguishing between “dirty” (internal combustion engine) and “clean” (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10011071158