Green windows of opportunity: latecomer development in the age of transformation toward sustainability

Rasmus Lema, Xiaolan Fu and Roberta Rabellotti

Industrial and Corporate Change, 2020, vol. 29, issue 5, 1193-1209

Abstract: The world is in the early stages of a paradigm transition toward a global green economy. In this article, we propose the notion of green windows of opportunity, highlighting the importance of institutional changes in the creation of new opportunities for latecomer development. We emphasize how demand and mission-guided technical change influence the directionality of latecomer development and highlight the important role emerging economies may attain in the global green transformation. We provide important insights regarding opportunities for green development in emerging economies, how these opportunities emerge in different renewable energy sectors and their implications for the global green economy.

JEL-codes: L10 L50 O10 O20 O30 Q20 Q40 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (26)

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