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The theorem of not independence of any technological innovation states that in the long run, the behavior and evolution … of any technological innovation is not independent from the behavior and evolution of the other technological innovations …. The philosophical foundations of this theory are concepts from systems science and architecture of complexity. The …
Persistent link: https://www.econbiz.de/10012955971
produced by climate-economy models while introducing the dimension of uncertainty in innovation ef- forts, without succumbing … evaluating optimal near-term innovation investment portfolios in four key clean energy technologies (solar, biofuels … innovation to improve the performance of these technologies. We employ an IAM (WITCH) which has a fairly rich description of the …
Persistent link: https://www.econbiz.de/10011622101
We show that, in a model without commitment to future policies, geoengineering breakthroughs can have adverse environmental and welfare effects because they change the (equilibrium) carbon taxes. In our model, energy producers emit carbon, which creates a negative environmental externality, and...
Persistent link: https://www.econbiz.de/10011820231
This study suggests a new concept of technology that is a main element of the system of technological change in society: killer or disruptive technology is a based on new products and/or processes that destroys the usage of established products/processes sold and used. The behavior of killer...
Persistent link: https://www.econbiz.de/10012843900
properties that can expand disruptive innovation theory, namely: 1) disruptive technology has a disproportionate growth in …
Persistent link: https://www.econbiz.de/10014031845
Innovation is fundamentally dependent on the support of research technology. Governments and organizations have been …, our understanding of how specific attributes of research technologies affect the rate and direction of innovation, and … evaluates the role of research technology attributes for the rate and direction of innovation. The model produces empirically …
Persistent link: https://www.econbiz.de/10014255502
-based policies and academic growth theory (Solow 1956 and 1957; Romer 1990), and some of the rhetoric surrounding them (Part II … course of tracing this historical development, a simple but significant inconsistency between microeconomic theory and …
Persistent link: https://www.econbiz.de/10014189105
. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological …
Persistent link: https://www.econbiz.de/10013033817
in many advanced economies. While process innovation can be job-destroying, product innovation can imply the emergence of … new firms, new sectors, and thus new jobs. But even for process innovation, the final impact on labor demand is shaped by … impede them. Policies should maximize the job-creation effect of product innovation and minimize the direct labor …
Persistent link: https://www.econbiz.de/10011431678
innovation in the AI supply industries. However, this effect is small in magnitude and limited to service sectors and younger …
Persistent link: https://www.econbiz.de/10012517502