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Identifying and inducing breakthrough inventions: An application related to climate change mitigation

Author

Listed:
  • Florian Egli
  • Nick Johnstone

    (OECD)

  • Carlo Menon

    (OECD)

Abstract

Most of the projections of the cost of meeting climate change mitigation targets hinge crucially upon assumptions made about the cost and timing of the development of breakthrough technologies. However, very little is known about the conditions which are likely to give rise to breakthrough technologies. This paper seeks to uncover attributes of inventions – as reflected in patent data – which serve as “leading indicators” of subsequent technological and market development in climate change mitigation technologies. The role of industrial generality emerges as being robustly correlated with subsequent technological diffusion, whether measured as subsequent patent counts, commercial applicability, or attractiveness to risk finance. The indicator of closeness to science shows also a positive association with later technological diffusion. Originality and radicalness have more ambiguous results. This work can be seen as a foundation for the future development of a methodology providing guidance to policymakers in the choices made with respect to public support for different technological fields.

Suggested Citation

  • Florian Egli & Nick Johnstone & Carlo Menon, 2015. "Identifying and inducing breakthrough inventions: An application related to climate change mitigation," OECD Science, Technology and Industry Working Papers 2015/4, OECD Publishing.
    • Handle: RePEc:oec:stiaaa:2015/4-en
    DOI: 10.1787/5js03zd40n37-en
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    Cited by:

    1. Manuel Acosta & Daniel Coronado & Esther Ferrándiz & Manuel Jiménez, 2022. "Effects of knowledge spillovers between competitors on patent quality: what patent citations reveal about a global duopoly," The Journal of Technology Transfer, Springer, vol. 47(5), pages 1451-1487, October.
    2. Davide Antonioli & Grazia Cecere & Massimiliano Mazzanti, 2018. "Information communication technologies and environmental innovations in firms: joint adoptions and productivity effects," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 61(11), pages 1905-1933, September.
    3. Weifeng Jia & Shuo Wang & Yongping Xie & Zifeng Chen & Kaixin Gong, 2022. "Disruptive technology identification of intelligent logistics robots in AIoT industry: Based on attributes and functions analysis," Systems Research and Behavioral Science, Wiley Blackwell, vol. 39(3), pages 557-568, May.

    More about this item

    Keywords

    climate change mitigation policy; green growth;

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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