Inducing environmental innovation is an important problem to policy-makers. Efforts to layout public regulations that tackle those matters are inspired through the truth that thoughts can permit for more advantageous environmental caliber at cheaper price. besides the fact that, the connection among environmental coverage and technological innovation continues to be a space during which empirical facts is scant. elevated recognition can be paid to the layout features of public rules which are prone to have an effect on the kind of innovation precipitated. The paintings provided during this e-book is introduced jointly in 5 great chapters: environmental coverage layout features and their function in inducing innovation, the function of public rules (including multilateral agreements) in encouraging move of environmental applied sciences, by means of 3 sectoral reports of innovation in substitute gasoline cars, sturdy waste administration and recycling, and eco-friendly (sustainable) chemistry. whereas specific concentration has been put on the position of environmental coverage in bringing in regards to the innovation documented, it's recognized that different elements play a key position in inducing innovation which has confident environmental implications.
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Extra resources for Invention and Transfer of Environmental Technologies (OECD Studies on Environmental Innovation)
283-301. 44 INVENTION AND TRANSFER OF ENVIRONMENTAL TECHNOLOGIES © OECD 2011 1. K. and R. Ram (2001), “Irreversibility of R&D Investment and the Adverse Effect of Uncertainty: Evidence from the OECD Countries”, Economics Letters, Vol. 71(2), May, pp. 287-291. Greaker, M. and H. ”, Entwined Working Paper. Griliches, Z. (1990), “Patent Statistics as Economic Indicators: A Survey”, in Journal of Economic Literature, Vol. 28, No. 4, pp. 1661-1707. Guellec, D. and B. van Pottelsberghe de la Potterie (2000), “Applications, Grants and the Value of a Patent”, Economics Letters, Vol.
163 Note: This data is only preliminary. The data on applicant names have not been fully harmonised, neither have mergers and acquisitions been taken into account. Empirical evidence on the effect of environmental policy characteristics on innovation The key point developed is that correlation between instrument types and policy design attributes is imperfect. Any incentives for innovation arise out of the underlying policy attributes and not the broad policy type per se. As such, it is important to assess incentives for innovation in terms of the underlying policy attributes rather than by broad instrument type.
ENVIRONMENTAL POLICY DESIGN CHARACTERISTICS AND INNOVATION However, this is not to say that different policy measures of equal stringency will not have different effects on the rate and direction of innovation. Policy stringency is only one aspect of the public policy regime which affects the rate of innovation, and it is important to examine some of the other characteristics of policy regimes as well. Evidence presented indicates that a stable and “predictable” policy regime is likely to induce more innovation than one where more uncertainty is associated with a country’s environmental policy.
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