In der Diskussion um Innovationen für eine nachhaltige Entwicklung werden häufig radikale Innovationen gefordert, damit die Transformation der Gesellschaft hin zu einem als nachhaltig empfundenen System gelingen kann. Begründet wird dies mit einer höheren Umwelteffizienz dieser Innovationen....

In this paper we investigate how restrictions for emission trading to the energy-intensive power sector will affect the magnitude and distribution of abatement costs across EU countries vis-?-vis a comprehensive EU emission trading regime. We find that emission trading between European power...

This paper constitutes a first analysis on stock returns and stock return volatility of energy corporations from the Eurozone. According to our results, the gas market does not play a role for the pricing of Eurozone energy stocks. However, changes in the Euro to U.S. Dollar exchange rate as...

Im Juni 2003 wurden die zweiten EU-Binnenmarktrichtlinien Strom und Erdgas verabschiedet. Darin verpflichten sich die EU-Mitgliedstaaten zur Einrichtung einer Regulierungsbehörde. Laut Prof. Dr. Jan Busche, Universität Düsseldorf, »... kommt (dieser) nur ergänzende Funktion zu. Notwendig...

Wie könnte ein zukunftsfähiges Energieversorgungssystem aussehen und welche Bedeutung hat dabei das Erneuerbare-Energien-Gesetz? Prof. Dr. Rainer Frank Elsässer, E.ON AG, vermisst u.a. die europäische Perspektive. Für Bernhard Hillebrand, EEFA, Münster, und Prof. Dr. Wolfgang Ströbele,...

This paper presents an ex-post empirical analysis of the impact of European electricity mar- ket refirms on markups ofirms. The working hypothesis is that further economic integration would bring competition into electricity markets re ected by lower markups of electricityfirms. The results show...

Like other network industries, the European gas supply industry has been liberalised, along the lines of what has been done in the United Kingdom and the United States, by opening up to competition the upstream and downstream segments of essential transmission infrastructure. The aim of this...

This study addresses the determinants of time-to-licensing, defined as the elapsed time between the disclosure of an invention and the signed licensing contract, and its impact on the commercial success of the licensed inventions from public research. Using a dataset containing detailed...

Previous studies of organizations have highlighted that leadership and organizational performance have a strong and long-term impact on employee behavior in private firms. In this study, we analyze whether similar effects can also be observed in academia by examining the commercialization...