Time strategies in environmental innovation policy: the case of the mobile fuel cell and hydrogen infrastructure
Although fundamental innovations can make especially important contributions to the environmental soundness of economic progress, they are often impeded by path dependency and lock-in on the part of established technologies. Because the intensity of the latter effect changes in time, it is possible to identify and strategically use windows of opportunity - periods in which successful transition is greatly facilitated. In the case of the mobile fuel cell, economies of scale, learning and network effects are among the most important techno-economic determinants of such a window. Other more political determinants are political guidance and supranational agreements. All effects were combined to form a time strategy that allows innovation policy to effectively push the new technology at the lowest possible cost for the economy.
|Date of creation:||2007|
|Date of revision:|
|Contact details of provider:|| Postal: Breslauer Straße 48, D-76139 Karlsruhe|
Web page: http://isi.fraunhofer.de/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:zbw:fisisi:s42007. 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: (ZBW - German National Library of Economics)
If references are entirely missing, you can add them using this form.