The “radicalness” of an innovation is often contingent upon access to distinct technologies which arise from sourcing innovation outside a firms' focal industry (exterior sourcing). We posit that exterior sourcing leads to technology distinctness and that the presence of technology...

We seek to understand which firms excel at innovation and commercialization. In doing so, we first ranked companies that performed well on four measures: spending on R&D Spending (2006), Patenting (cumulative 2006 and 2007) and Commercialization of Innovations (Cumulative for 2007 and 2008). We...

We present a parsimonious theoretical model that illustrates how Internet-based virtual environments (such as social networking Web sites) moderate the relationship between social networks and social entrepreneurship. Social networks promote social entrepreneurship by means of (a) technology and...

This report evaluates California’s two major emissions trading systems (ETS): (i) the Regional Clean Air Incentives Market (RECLAIM) program for conventional air pollutants in southern California, begun in 1993 and now being retired; and (ii) the economy-wide greenhouse gas cap-and-trade program...

The extraordinary growth of greenhouse gas emissions in China represents the single greatest challenge to global climate change efforts in coming decades. China is the world’s leading emitter of greenhouse gases, having surpassed the United States in 2006. China’s greenhouse gas emissions...

The vast majority of the growth in greenhouse gas emissions in the coming decades is expected to come from outside of the developed world. Yet on the whole, scholars have made only modest headway in identifying the distinctive features of effective environmental regulation in the developing...

The U.S. and China can and should reinvigorate global climate change action through a joint commitment to achieving (or approaching) carbon neutrality by 2045 in the run up to the next major international climate summit (COP26) in November 2021. Such a joint pledge would restore the constructive...