EconPapers    
Economics at your fingertips  
 

Policy-Induced Environmental Technology and Inventive Efforts: Is There a Crowding Out?

Hanna Hottenrott () and Sascha Rexhäuser

Industry and Innovation, 2015, vol. 22, issue 5, 375-401

Abstract: Substantial policy effort is devoted to stimulate environmentally friendly technology through regulation and subsidies. Since innovation is a crucial productivity driver, a potential crowding out of inventive efforts in affected firms may increase the cost of regulation. We study the effects of regulation-induced environmental technology on innovation activities for a sample of firms in Germany. We find some evidence for a crowding out of firms' in-house R&D, especially for firms facing financing constraints. Innovation outcomes and investments in innovation-related fixed assets are not affected. Moreover, subsidy-backed environmental technology does not crowd out R&D.

Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1080/13662716.2015.1064255 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Policy-induced environmental technology and inventive efforts: Is there a crowding out? (2013) Downloads
Working Paper: Policy-Induced Environmental Technology and Inventive Efforts: Is There a Crowding Out? (2013) Downloads
Working Paper: Policy-induced environmental technology and incentive efforts: Is there a crowding out? (2013) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:indinn:v:22:y:2015:i:5:p:375-401

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CIAI20

DOI: 10.1080/13662716.2015.1064255

Access Statistics for this article

Industry and Innovation is currently edited by Associate Professor Mark Lorenzen

More articles in Industry and Innovation from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2020-02-23
Handle: RePEc:taf:indinn:v:22:y:2015:i:5:p:375-401