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Legislation-induced bubble markets: Driving forces of air pollution control technology in the field of waste incineration

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  • Dobers, Peter

Abstract

Only recently has discussion started about the process whereby markets come into existence. Environmental problems are being increasingly addressed, which in turn creates new environmental markets. The concept of the market is presented in the perspective of microeconomic theory, industrial organization, and the life cycle concept. It is suggested that in these theories the existence of markets is taken for granted and is not questioned. On the basis of an exploratory field study it is argued here that in some areas environmental legislation is the major driving force behind the emergence of markets and the concept of legislation-induced bubble markets is introduced. The main contribution of this article is to indicate a new research area, namely the creation of markets.

Suggested Citation

  • Dobers, Peter, 1996. "Legislation-induced bubble markets: Driving forces of air pollution control technology in the field of waste incineration," Scandinavian Journal of Management, Elsevier, vol. 12(3), pages 255-273, September.
    • Handle: RePEc:eee:scaman:v:12:y:1996:i:3:p:255-273
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    Citations

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    Cited by:

    1. Bauner, David, 2011. "International private and public reinforcing dependencies for the innovation of automotive emission control systems in Japan and USA," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(5), pages 375-388.
    2. Martin Lindell & Necmi Karagozoglu, 2001. "Corporate environmental behaviour – a comparison between Nordic and US firms," Business Strategy and the Environment, Wiley Blackwell, vol. 10(1), pages 38-52, January.
    3. Peter Dobers, 2009. "Corporate social responsibility: management and methods," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 16(4), pages 185-191, July.
    4. Dean Patton & Ian Worthington, 2003. "SMEs and Environmental Regulations: A Study of the UK Screen-Printing Sector," Environment and Planning C, , vol. 21(4), pages 549-566, August.
    5. Peter Dobers, 1997. "Strategies for environmental control: A comparison between regulation and centralized control in Germany and reforms leading to decentralized control in Sweden," Business Strategy and the Environment, Wiley Blackwell, vol. 6(1), pages 34-45, February.

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