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The performance of market based environmental regulation is affected by patents and vice versa. This interaction is … studied for a new type of innovation where new technologies reduce emissions of a specific pollutant but at the same time … cause a new type of damage. A robust finding is that the efficiency of permits is affected by monopoly pricing of the patent …
Persistent link: https://www.econbiz.de/10003379131
of the receiving country. We test the empirical implications of our model using patent data in renewable and fossil … Moment estimator. We show that knowledge transfer through patent duplication increases with the level of IPR protection, but … more sensitive to uncertainty. Commitment to EPs also increases the incentives for patent duplication. The magnitude of the …
Persistent link: https://www.econbiz.de/10009756305
We analyze the use of patent protection as a new policy to direct technical change to clean technology. Contrary to … popular belief, it is dirty (and not clean) innovations that should be excluded from patent protection to reduce emissions. In … the shortrun, removing patent protection on dirty technology increases emissions. However, the reduced markup on dirty …
Persistent link: https://www.econbiz.de/10014333456
, redirecting firms' innovation activities towards ecological targets without hampering their competitiveness is of paramount … avoid sub-optimal commitment of resources to the innovation process and ensure the reduction of polluting agents emissions … chemical domain so as to draw useful insights on the effect of the policy aiming at redirecting innovation activities to …
Persistent link: https://www.econbiz.de/10011337013
innovative target companies. We also find that green acquirors (i.e., firms with green patents) are more inclined to enter into … enhances their post-acquisition green innovation performances. Our results also show an increase in green acquisitions after … Agreement do not show any significant impact on their post-acquisition innovation performances, raising concerns related to …
Persistent link: https://www.econbiz.de/10014279997
Since governments can influence the demand for a new abatement technology through their environmental policy, they may be able to expropriate innovations in new abatement technology ex post. This suggests that incentives for environmental R&D may be lower than the incentives for market goods...
Persistent link: https://www.econbiz.de/10009007284
Since governments can influence the demand for a new abatement technology through their environmental policy, they may be able to expropriate innovations in new abatement technology ex post. This suggests that incentives for environmental R&D may be lower than the incentives for market goods...
Persistent link: https://www.econbiz.de/10009130253
A temporary change in pay to employed inventors around the time of patent application has been observed in a number of … who hire workers in R&D functions to make product innovations. The innovation process consists of distinct phases … separated by a patent application. Firms compete to attract workers, and workers can transfer part of the generated new …
Persistent link: https://www.econbiz.de/10011981916
The economic prescription for climate change is clear: price carbon dioxide (CO2) and other greenhouse gas emissions to internalize climate damages. In practice, a variety of political economy constraints prevent the introduction of a carbon price equal to the full social cost of emissions. This...
Persistent link: https://www.econbiz.de/10011456178
Economic literature generally favours market-based instruments for regulating environmental externalities since they ensure compliance at the least cost to society. Emission taxes have been increasingly introduced internationally, with the focus shifting to CO2 after the adoption of the Kyoto...
Persistent link: https://www.econbiz.de/10011806431