Green innovation is essential for climate change mitigation, but not all innovative projects deliver equal social value …. We consider innovator heterogeneity in a model where the policy maker cannot observe innovation quality and directly … subsidize the socially most valuable green innovations. We find that carbon pricing works as an innovation screening device …

employment. In this context, the promotion of a concept called regional innovation system has recently become important in the EU … degrees of innovation promotion by the EU from one region to another. Since regional-policy strategies should have been … subject to a new orientation towards more innovation promotion, we are particularly interested in whether the EU's co …

Carbon dioxide emissions are a major force driving climate change. We construct scenarios of CO2 emissions from fossil …

gains taxation, innovation subsidies, public R&D spending and other policy initiatives. …

, we empirically analyze the determinants of innovation in electricity generation, and the role of storage in directing … innovation. Our results show that electricity storage increases innovation not only in renewables but also in conventional … technologies. This implies that efforts to increase innovation in storage can benefit conventional, fossil fuel-fired electricity …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

This paper reviews selected fiscal policy initiatives undertaken by US states to encourage job creation and innovation … creating jobs and spurring innovation. The paper concludes with four other considerations need to be taken into account in …

Can historical institutions affect today's firm innovation? We analyze a historical experiment in 1902, when the … industrial firms in China, we show that firms in locations historically affected by the CMC rules exhibit higher innovation …