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The revolutionary journey of clean technology over the last ten years is described in this study, which also identifies the key innovations that have changed the face of sustainability and helped us move toward a cleaner, greener future. The study delves deeply into several clean technology...
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The allocation of research and development (R&D) funds across a portfolio of programs must simultaneously consider … uncertainty from research outcomes and from market acceptance of the resulting technologies. We introduce a stochastic R … occur after R&D has reduced costs. We also find that deterministic R&D valuation approaches likely overestimate the expected …
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This paper deals with the problem of tackling the adverse effect of output growth on environmental quality. For this purpose we use an intermediate sector that builds "putty-practically-clay" capital consisting of an amalgam of energy and raw capital used for final goods production. The...
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