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Boosting sluggish climate policy : endogenous substitution, learning, and energy efficiency improvements
Bretschger, Lucas; Leuthard, Matthias; Miftakhova, Alena - 2024 - This version: March 12, 2024
There is widespread concern that climate policy is moving too slowly and that decarbonization of economic development is coming too late for effective climate protection. We analyze three different effects that emerge endogenously during decarbonization and amplify current policies: growing...
Persistent link: https://www.econbiz.de/10014502190
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On Backstops and Boomerangs: Environmental R&D under Technological Uncertainty
Goeschl, Timo; Perino, Grischa - 2007
The literature on environmental R&D frequently studies innovation as a two-stage process, with a single R&D event … leading from a conventional polluting technology to a perfectly clean backstop. We allow for uncertainty in innovation in that …
Persistent link: https://www.econbiz.de/10011422142
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Innovation Without Magic Bullets: Stock Pollution and R&D Sequences
Goeschl, Timo; Perino, Grischa - 2006
We study the optimal R&D trajectory in a setting where new technologies are never perfect backstops in the sense that there is no perfectly clean technology that eventually solves the pollution problem once and for all. New technologies have stings attached, i.e. each emits a specific stock...
Persistent link: https://www.econbiz.de/10011422147
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Innovation without magic bullets : stock pollution and R&D sequences
Goeschl, Timo; Perino, Grischa - 2006
We study the optimal R&D trajectory in a setting where new technologies are never perfect backstops in the sense that there is no perfectly clean technology that eventually solves the pollution problem once and for all. New technologies have stings attached, i.e. each emits a specific stock...
Persistent link: https://www.econbiz.de/10003592656
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On backstops and boomerangs : environmental R&D under technological uncertainty
Goeschl, Timo; Perino, Grischa - 2007
The literature on environmental R&D frequently studies innovation as a two-stage process, with a single R&D event … leading from a conventional polluting technology to a perfectly clean backstop. We allow for uncertainty in innovation in that …
Persistent link: https://www.econbiz.de/10003592670
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Policy-induced environmental technology and inventive efforts : is there a crowding out?
Hottenrott, Hanna; Rexhäuser, Sascha - 2013
technology. Sceptics worry about the effects of regulation-induced environmental technology on firms' competitiveness. Since … innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets …
Persistent link: https://www.econbiz.de/10010223567
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Organisational change and the productivity effects of green technology adoption
Hottenrott, Hanna; Rexhäuser, Sascha; Veugelers, Reinhilde - 2016 - This version January 2016
This study investigates induced productivity effects of firms introducing new environmental technologies. The literature on within-firm organisational change and productivity suggests that firms can achieve higher productivity gains from adopting new technologies if they adapt their...
Persistent link: https://www.econbiz.de/10011411433
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Competition as an ambiguous discovery procedure : a reappraisal of Hayek's epistemic market liberalism
Witt, Ulrich - 2011 - Revised version: May 2011
Hayek's version of market liberalism. -- competition ; innovation ; liberalism ; knowledge ; self-organization ; Hayek …
Persistent link: https://www.econbiz.de/10009126110
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The dynamics of resource allocation in research organizations
Filson, Darren - 2000
As a first step towards understanding the evolution of small groups in firms, this paper develops and tests a simple decision-theoretical model of research-unit evolution in which, as managers resolve their uncertainty over time, they shut down under-performing units and remove under-performing...
Persistent link: https://www.econbiz.de/10011561890
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Innovation, Competition, and Investment Timing
Koskinen, Yrjo - 2016
costs, but competition helps to erode innovators' informational rents. Consequently, competition leads to faster innovation …
Persistent link: https://www.econbiz.de/10013007922