Understanding and measuring energy innovation

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Chapter 6 in Energy Innovation for the Twenty-First Century, 2019, pp 147-178 from Edward Elgar Publishing

Abstract: Theory that helps explain the process and causal factors of energy technology innovation has its roots in concepts pioneered by Schumpeter 100 years ago. Since then a number of complementary strands of theory have emerged to explain how and why energy technology innovation unfolds. This chapter lays the theoretical underpinnings of the book, offering a broad conceptualisation of innovation, before unpacking the theory of innovation systems and socio-technical transitions. Bringing together theoretical concepts from technology innovation systems and the multi-level perspective, we outline the book’s analytical framework to help interpret the results from the technology case studies and form recommendations for energy technology innovation policy. It ends with a discussion on how quantitative metrics can be used to assess the performance of energy innovation systems and diagnose potential weaknesses.

Keywords: Economics and Finance; Environment; Innovations and Technology (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (5)

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