The dynamics of environmental innovations: three stylised trajectories of clean technology
AbstractIn this article, we explore the dynamics of environmental innovations developed by firms to comply with environmental regulations. Our analysis is based on a micro-simulation model of industrial dynamics. The question arises: how do firms competing in the same industry deal with environmental issues without altering their productive efficiency or the performance of the product? We focus on clean technology which seeks to combine environmental and productive dimensions by way of innovation offsets. Our simulations show that an innovative strategy based on a good balance between environmental and productive dimensions takes more time to develop and needs to address a 'competence destroying effect'. Finally, we study favourable conditions for the development of this type of clean technology and draw some policy implications.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Economics of Innovation and New Technology.
Volume (Year): 14 (2005)
Issue (Month): 3 ()
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Other versions of this item:
- Vanessa OLTRA (GRES-IFReDE-E3i) & Maïder SAINT-JEAN (GRES-IFReDE-E3i), 2003. "The dynamics of environmental innovations : three stylised trajectories of clean technology," Cahiers du GRES 2003-03, Groupement de Recherches Economiques et Sociales.
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
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