Environmental policy and innovation: a decade of research
No 7544, CESifo Working Paper Series from CESifo Group Munich
Encouraging innovation is an important part of environmental policy. A large literature in environmental economics examines the links between environmental policy and innovation. This paper reviews recent literature on green innovation. I highlight major trends in the literature, including an increased number of cross-country studies and a focus on the effect of different policy instruments on innovation. I include a discussion of the justifications and evidence for technology-specific policy incentives and present evidence on the effectiveness of government R&D spending. My review concludes with a discussion of three promising areas for new research on environmental innovation.
Keywords: green innovation; induced innovation; pollution; climate change; renewable energy; energy efficiency; research and development; technology policy (search for similar items in EconPapers)
JEL-codes: O31 O38 Q55 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene, nep-env, nep-ino, nep-reg and nep-tid
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_7544
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