divestment to combat climate change. Will it work? This chapter explores whether divestment might induce green innovation, a … critical component of transitioning to a cleaner economy. Divestment could theoretically steer innovation by increasing the … investment opportunities. I argue that continuing to invest in dirty industries could drive green innovation conditional on …

externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …

overcoming global environmental problems. This study therefore takes stock of cooperative innovation activities in environmental … direct R&D investments and international trade in environmental technologies. The innovation indicators considered in this … study show strong growth in environmental innovation activities in emerging economies. Germany could support the global …

Although economists cite potential gains from induced innovation as an advantage of using market-based mechanisms to … control. I find that requiring plants constructed before 1990 to install scrubbers created incentives for innovation that …

Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity, especially …

Using patent data from the United States, Japan, and Germany, this paper examines both the innovation and diffusion of … environmental regulations. Moreover, any technology transfer that occurs appears to be indirect. Domestic innovation occurs even for …