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Green windows of opportunity: latecomer development in the age of transformation toward sustainability

Author

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  • Rasmus Lema
  • Xiaolan Fu
  • Roberta Rabellotti

Abstract

The world is in the early stages of a paradigm transition toward a global green economy. In this article, we propose the notion of green windows of opportunity, highlighting the importance of institutional changes in the creation of new opportunities for latecomer development. We emphasize how demand and mission-guided technical change influence the directionality of latecomer development and highlight the important role emerging economies may attain in the global green transformation. We provide important insights regarding opportunities for green development in emerging economies, how these opportunities emerge in different renewable energy sectors and their implications for the global green economy.

Suggested Citation

  • Rasmus Lema & Xiaolan Fu & Roberta Rabellotti, 2020. "Green windows of opportunity: latecomer development in the age of transformation toward sustainability," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 29(5), pages 1193-1209.
  • Handle: RePEc:oup:indcch:v:29:y:2020:i:5:p:1193-1209.
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    File URL: http://hdl.handle.net/10.1093/icc/dtaa044
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    More about this item

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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