The countervailing effects of stocks of knowledge on low-carbon innovation through international collaboration
Yeong Jae Kim
Energy Policy, 2022, vol. 170, issue C
Abstract:
Collaboration plays a crucial role in accelerating low-carbon innovation, which, as an emerging technology, requires knowledge in varied domains from diverse actors across the globe. Whereas previous research has shown that collaboration positively affects low-carbon innovation, the unintended consequence of cumulating stocks of knowledge on low-carbon innovation through international collaboration has been underexplored. To address this issue, we examined the potentially countervailing effect of cumulative stocks of patents on coinvention on low-carbon technology patenting in Korea from 2000 to 2011, employing a count model with panel fixed-effects. The study finds that national and international coinvention have a positive effect on low-carbon technology patenting. The cumulative stocks of knowledge have a negative influence on the development of new low-carbon technology knowledge through such international coinvention. The explicit finding that the cumulative stocks of knowledge can undermine the role of international collaboration on low-carbon innovation has clear policy implications. A country should attempt to diversify its portfolio of low-carbon technology development to fully utilize the role of international collaboration on low-carbon innovation. Furthermore, policy makers should pay keen attention to building and maintaining effective international collaboration to complement a nation's or company's own knowledge base.
Keywords: Low-carbon technology innovation; National collaboration; International collaboration; Knowledge stock; Path-dependency (search for similar items in EconPapers)
JEL-codes: O33 O34 Q42 Q55 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:170:y:2022:i:c:s0301421522004360
DOI: 10.1016/j.enpol.2022.113217
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