| Title |
Wind energy and green economy in Europe: Measuring policy-induced innovation using patent data |
| ID_Doc |
32292 |
| Authors |
Lindman, Å; Söderholm, P |
| Title |
Wind energy and green economy in Europe: Measuring policy-induced innovation using patent data |
| Year |
2016 |
| Published |
|
| DOI |
10.1016/j.apenergy.2015.10.128 |
| Abstract |
The green economy policy discourse has devoted a lot of attention to the design of public policy addressing low-carbon technologies. In this paper we examine the impacts of public R&D support and feed-in tariff schemes on innovation in the wind energy sector. The analysis is conducted using patent application data for four western European countries over the period, 1977-2009. Different model specifications are tested, and the analysis highlights important policy interaction effects. The results indicate that both public R&D support and feed-in tariffs have positively affected patent application counts in the wind power sector. The (marginal) impact on patent applications of increases in feed-tariffs has also become more profound as the wind power technology has matured. There is also some evidence of policy interaction effects in that the impact of public R&D support to wind power is greater at the margin if it is accompanied by the use of feed-in tariff schemes. These results support the notion that technological innovation requires both R&D and learning-by-doing, and for this reason public R&D programs should typically not be designed in isolation from practical applications. The paper ends by outlining some important avenues for future research. (C) 2015 Elsevier Ltd. All rights reserved. |
| Author Keywords |
Green economy; Patent counts; Wind power; Innovation; Public policy |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI) |
| EID |
WOS:000383291800110 |
| WoS Category |
Energy & Fuels; Engineering, Chemical |
| Research Area |
Energy & Fuels; Engineering |
| PDF |
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