contributes to an economic exposition of China's potential transition from an energy-intensive to an innovation-led growth path … capital investment and incentives of capital stock accumulation rather than R&D-related innovation. Accumulation of energy …-consuming capital stock along this non-innovation-led growth path thus leads to an intensive use of fossil energy - an energy …

-country differences in the efficiency of foreign technology absorption and indigenous innovation lead to cross-country divergence in the … undertaking indigenous innovation tends to gain a higher level of energy productivity. …