Although economists cite potential gains from induced innovation as an advantage of using market-based mechanisms to … control. I find that requiring plants constructed before 1990 to install scrubbers created incentives for innovation that …

technology, opportunity costs of research limit the role induced innovation can play. Moreover, since the backstop technology …

Despite growing empirical evidence of the link between environmental policy and innovation, most economic models of … innovation in the energy sector. Ignoring induced technological change overstates the welfare costs of an optimal carbon tax …, as the effect of induced innovation on emissions and mean global temperature is small. Sensitivity analysis shows that …

existing knowledge have strongly significant positive effects on innovation. Furthermore, I show that omitting the quality of …

This paper studies the links between productivity, innovation and research at th level. We introduce three new features …: (i) A structural model that explains pro by innovation output, and innovation output by research investment; (ii) New dat … the available data: only a small proportion of firms engage in resea apply for patents; productivity, innovation and …

Historically, innovation in the energy sector proceeded slowly and entrepreneurial start-up firms played a relatively …, integrating intermittent resources creates additional grid management challenges, requiring further innovation. This chapter … documents the evolving roles of innovation and entrepreneurship in the energy sector. First, we provide an overview of the …