Technological progress has been regarded as one of main driving forces to facilitate the society’s transition to a low carbon economy. Exploring the effect of carbon policy risk on firms’ green innovation is important for understanding how regulatory risk impacts on firm innovation during...

Purpose – The purpose of this paper is to apply the path dependence theoretical framework to STI policies that support research and innovation strategies for smart specialisation (RIS3). Design/methodology/approach – Review of the recent literature on the phases, sources of reinforcement and...