In this paper, we explore energy efficiency policies in the presence of a global environmental problem and international cost interdependency associated with R&D activities. We develop a simple model with two regions where the cost of an appliance in one region depends upon the level of energy...

This paper reviews the recent experience of Germany in encouraging innovation to reduce negative environmental impacts of economic activity. The essence of the German approach to policy-induced environmental innovation is discussed in the context of changing policy objectives, and illustrated...

Patent offices around the world face massive backlogs of applications, which threatens to slow down the pace of technological progress. However, economists lack analytical tools to tackle the issue. This paper provides a model of patent backlogs inspired by the literature on traffic congestion....

The relevance of the issue under consideration is driven by the use of public-private partnership (PPP) as the most efficient mechanism of contemporary social and economic system development. The aim of the article is to justify the authors' approach to classification of innovations introduced...

Subsidizing technology fosters product innovation that might lead to a quicker technology adoption. This innovation effect could justify subsidy expenses beyond the directly related social value of the subsidized good during its lifetime. This paper proposes a method to calculate the underlying...

Despite the immense progress that has been made throughout the world in improving the quality of life through applications of technology, large proportions of the peoples of Africa still leave on less than $1.00 per day income. The seven most industrialised democracies of the world, without...

Models on innovation, for the most part, do not include a comprehensive and end-to-end view. Most innovation policy attention seems to be focused on the capacity to innovate and on input factors such as R&D investment, scientific institutions, human resources and capital. Such inputs frequently...