IDEAS home Printed from https://ideas.repec.org/p/sru/ssewps/2015-22.html
   My bibliography  Save this paper

Accelerating the Cleantech Revolution: Exploring the Financial MobilisationFunctions of Institutional Innovation Intermediaries

Author

Listed:
  • Friedemann Polzin

    (1 EBS Business School, Strascheg Institute for Innovation and Entrepreneurship (SIIE), Rheingaustr. 1, 65375 Oestrich-Winkel, Germany
    Sustainable Business Institute (SBI), Burgstr. 4, 65375 Oestrich-Winkel, Germany)

  • Paschen von Flotow

    (Sustainable Business Institute (SBI), Burgstr. 4, 65375 Oestrich-Winkel, Germany)

  • Laurens Klerkx

    (Knowledge, Technology and Innovation Group, Wageningen University, Hollandseweg 1, 6706 KN, Wageningen, The Netherlands)

Abstract

This research article explores the role of innovation intermediaries to accelerate the commercialisation of (clean) technologies. Drawing from the finance and innovation intermediaries literatures we show that financial barriers to eco-innovation can be partly overcome by particular functions of innovation intermediaries which in turn mobilises private finance along the innovation process. Therefore, we empirically evaluate roles and instruments of institutional innovation intermediaries (innovation intermediation, policy support, public-private cooperation, financial instruments). We contribute an intersection of the finance and innovation systems literature, by exploring the ‘financial mobilisation functions’ of innovation intermediaries to address barriers for eco-innovation along the innovation process.

Suggested Citation

  • Friedemann Polzin & Paschen von Flotow & Laurens Klerkx, 2015. "Accelerating the Cleantech Revolution: Exploring the Financial MobilisationFunctions of Institutional Innovation Intermediaries," SPRU Working Paper Series 2015-22, SPRU - Science Policy Research Unit, University of Sussex Business School.
    • Handle: RePEc:sru:ssewps:2015-22
    as

    Download full text from publisher

    File URL: https://www.sussex.ac.uk/webteam/gateway/file.php?name=2015-22-polzin-et-al-innovation-intermediaries.pdf&site=25
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Intermediaries; management of technological innovation and R&D; barriers; thin markets; financial instruments; governmentpolicy; information asymmetries;
    All these keywords.

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sru:ssewps:2015-22. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: University of Sussex Business School Communications Team (email available below). General contact details of provider: https://edirc.repec.org/data/spessuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.