The Importance of Regulation-Induced Innovation for Sustainable Development
This article explores the complex relationship between environmental regulation, innovation, and sustainable development within the context of an increasingly globalizing economy. The economic development, environment, and employment aspects of sustainable development are emphasized. We contend that the most crucial problem in achieving sustainability is lock-in or path dependency due to (1) the failure to envision, design, and implement policies that achieve co-optimization, or the mutually reinforcing, of social goals, and (2) entrenched economic and political interests that gain from the present system and advancement of its current trends. The article argues that industrial policy, environmental law and policy, and trade initiatives must be ‘opened up’ by expanding the practice of multi-purpose policy design, and that these policies must be integrated as well. Sustainable development requires stimulating revolutionary technological innovation through environmental, health, safety, economic, and labor market regulation. Greater support for these changes must also be reinforced by ‘opening up the participatory and political space’ to enable new voices to contribute to integrated thinking and solutions.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Abernathy, William J. & Clark, Kim B., 1985. "Innovation: Mapping the winds of creative destruction," Research Policy, Elsevier, vol. 14(1), pages 3-22, February.
- Nelson, Richard R. & Winter, Sidney G., 1977.
"In search of useful theory of innovation,"
Elsevier, vol. 6(1), pages 36-76, January.
- James M. Utterback & Happy J. Acee, 2005. "Disruptive Technologies: An Expanded View," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 9(01), pages 1-17.
- Ekins, Paul & Folke, Carl & Costanza, Robert, 1994. "Trade, environment and development: the issues in perspective," Ecological Economics, Elsevier, vol. 9(1), pages 1-12, January.
- Adam B. Jaffe et al., 1995. "Environmental Regulation and the Competitiveness of U.S. Manufacturing: What Does the Evidence Tell Us?," Journal of Economic Literature, American Economic Association, vol. 33(1), pages 132-163, March.
- Clayton M. Christensen & Fernando F. Suárez & James M. Utterback, 1998. "Strategies for Survival in Fast-Changing Industries," Management Science, INFORMS, vol. 44(12-Part-2), pages S207-S220, December.
- Martin Jänicke & Klaus Jacob, 2004. "Lead Markets for Environmental Innovations: A New Role for the Nation State," Global Environmental Politics, MIT Press, vol. 4(1), pages 29-46, 02.
- Adam B. Jaffe & Karen Palmer, 1996.
"Environmental Regulation and Innovation: A Panel Data Study,"
NBER Working Papers
5545, National Bureau of Economic Research, Inc.
- Adam B. Jaffe & Karen Palmer, 1997. "Environmental Regulation And Innovation: A Panel Data Study," The Review of Economics and Statistics, MIT Press, vol. 79(4), pages 610-619, November.
When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:3:y:2011:i:1:p:270-292:d:11019. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (XML Conversion Team)
If references are entirely missing, you can add them using this form.