Technology: long-wave innovation theory and multi-level perspectives in the new economy

Peter Newman ()

Chapter 3 in Net Zero Cities with Sustainability, 2025, pp 38-72 from Edward Elgar Publishing

Abstract: The sixth-wave innovations are analysed in terms of their commerciality with the first three – renewables and batteries, electric vehicles, and smart systems – clearly cheaper and being rapidly adopted, while the other three – circular economy, biophilics, and hydrogen – are not. Multi-level perspectives show the first three need governments to be more enabling without the need for subsidies, and the second three require more research and development assistance.

Keywords: Sixth wave; Renewables; Batteries; EVs; Smart systems; Circular economy; Biophilics; Hydrogen; Multi-Level Perspectives (search for similar items in EconPapers)
Date: 2025
ISBN: 9781800379039
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