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Subsidy for clean innovation considered technological spillover

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  • Yang, Yong-cong
  • Nie, Pu-yan

Abstract

Under technological spillover, this article considers the effects of subsidy to improve clean innovation. Some interesting conclusions are achieved. First, firms without innovation benefit from technological spillover and subsidy promotes firms' innovation. Second, energy price fluctuation affects innovative firms more than others. Third, carbon taxes impact outputs and profits uncertainly. Finally, more subsidy yields less emission, while the environmental efficiency of subsidy decreases with subsidy intensity.

Suggested Citation

  • Yang, Yong-cong & Nie, Pu-yan, 2022. "Subsidy for clean innovation considered technological spillover," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
    • Handle: RePEc:eee:tefoso:v:184:y:2022:i:c:s0040162522004620
    DOI: 10.1016/j.techfore.2022.121941
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    Cited by:

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    2. You-hua Chen & Zhuang Zhang & Ashok K. Mishra, 2023. "A flexible and efficient hybrid agricultural subsidy design for promoting food security and safety," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-8, December.

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    More about this item

    Keywords

    Clean innovation; Technological spillover effect; Subsidy for innovation; Carbon tax; Emission;
    All these keywords.

    JEL classification:

    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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