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to integrate endogenous technological progress. Nevertheless, several complexities of innovation are still neglected even … modelling literature through a special lens. We discuss how existing models deal with different types of innovation (i ….e. product and process innovation) and how differences in innovation activities influence modelling results. We also emphasise …
Persistent link: https://www.econbiz.de/10010936487
relevant for socio-ecological transition. Hereby the paper focuses on the concepts of sustainability, growth, innovation … innovation, as a central driver for growth. Within the context of a socio-ecological transition based on sustainable growth …, ecological and social innovation gain in importance vis-à-vis purely profit-oriented innovation. Long-term growth is based on …
Persistent link: https://www.econbiz.de/10010928077
This study analyses the diffusion of renewable energy (RE) technologies. It analyses the transition dynamics as the sector broadens its energy mix and changes its capital stock. This shift is found to be desirable from an environmental, geopolitical and economic perspective. Yet, it greatly...
Persistent link: https://www.econbiz.de/10010928082
Traditional economic theory describes economic agents as being perfectly rational. According to this approach, agents posses all necessary information and have the ability to process this information to make the best decision for maximizing their profit. However, in the real world this...
Persistent link: https://www.econbiz.de/10010678236
This short paper considers all possible stakeholders in different stages of a sustainability transition and matches their behavioral features and diversity to policies. This will involve an assessment of potential or expected responses of stakeholders to a range of policy instruments. Following...
Persistent link: https://www.econbiz.de/10011163463