Green inventions: Is wait-and-see a reasonable option?

Stucki, Tobias; Woerter, Martin (2017). Green inventions: Is wait-and-see a reasonable option? Energy Journal, 38(4), pp. 43-71. 10.5547/01956574.38.4.tstu

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We analyze the potential of different knowledge stocks to decrease the technological gap between the leader in green technology inventions and its followers in order to identify if wait-and-see is a reasonable option to benefit from knowledge. Our econometric results indicate that it is difficult to decrease the technological gap and remain competitive in the generation of green technologies without timely accumulating green knowledge. Although effects from external green knowledge stocks also contribute to decrease the technological gap, the effects are moderate and they cannot compensate the lack of internal green competences. Non-green knowledge stocks even tend to increase the technological gap.

Item Type:	Journal Article (Original Article)
Division/Institute:	Business School > Institute for Sustainable Business Business School
Name:	Stucki, Tobias0000-0002-2400-0107 and Woerter, Martin
ISSN:	0195-6574
Language:	English
Submitter:	Tobias Stucki
Date Deposited:	29 Jan 2019 14:17
Last Modified:	18 Dec 2020 13:27
Publisher DOI:	10.5547/01956574.38.4.tstu
Uncontrolled Keywords:	Environment,Innovation,Knowledge,Patents,Spillovers,Technological change
ARBOR DOI:	10.24451/arbor.70
URI:	https://arbor.bfh.ch/id/eprint/70