always has negative welfare effects. In particular, it decreases not only the profit (producer surplus) of both the Northern … and the Southern firms, but also the consumer surplus in both countries, and, consequently, it lowers social welfare in …

Purpose – Twenty first century problems are increasingly being addressed by multi technology solutions developed by …. Multiple technology production facilities (MTPF) have become the essential incubators for these innovations. This paper aims to … implications – Innovations at the interface of micro technology, nanotechnology and semiconductor micro fabrication are poised to …

hold. We first consider the case where the abatement costs associated with a technology is exogenously given. In that case … stricter government regulation increases the incentive for adopting the new technology if the old and the new technologies are … technology is endogenously given. We show that the Porter hypothesis is likely to hold if the new technology is significantly …