This study is based on the concept of Kondratiev´s technological waves as an analytical instrument for examining the processes of technological evolution. It aims at setting feasible indicators for this evolutionary development in order to provide a regulatory instrument for policy makers. In...

The paper looks at a model of directed technical change in an environmental-economics context. Firms can do conventional or "green" R&D or they can abate emissions at the end of pipe. The paper has two main foci. On the one hand, it investigates the impact of environmental regulation on the...

Conventional wisdom argues that environmental policy is less costly if environmental policy induces the development of cleaner technologies. In contrast to this argument, we show that the cost of environmental policy (a reduction in emissions) may be larger with induced technical change than...

The importance of green innovation management is growing in practice and academia likewise. To our knowledge, a recent and comprehensive literature review is lacking. In this paper we contribute to a clarification of the concept "green innovation" and provide an overview of the existing body of...