technical change framework. Unilateral policies alter the structure of production and thereby innovation incentives across … countries. Whenever feasible, optimal policies implement sustainable growth by directing global innovation to the nonpolluting … sector. If nonparticipants drive global innovation, this requires policies relocating clean production to nonparticipants. A …

investment and innovation-driven, environmentally sustainable development holds important implications for both national and … and innovation-driven, environmentally sustainable growth path. We show that if R&D technological innovation is … environmental quality improves at a rate of 2.5%. In contrast, if R&D technological innovation is not harnessed as a new growth …

This paper analyzes the effect of environmental policies on the direction of energy innovation across countries over … second regime, market-based policies are moderately effective in promoting renewable innovation, while command …-and-control policies depress fossil based innovation. Finally, market-based policies are more effective to consolidate a green comparative …