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Taxonomy of Implemented Policy Instruments to Foster the Production of Green Technologies and Improve Environmental and Economic Performance. WWWforEurope Working Paper No. 90

Author

Listed:
  • Francesco Crespi
  • Claudia Ghisetti
  • Francesco Quatraro

    (Nice Sophia Antipolis University)

Abstract

The Europe 2020 Strategy has identified the key goal of smart, more inclusive and sustainable growth. In this direction, redirecting firms' innovation activities towards ecological targets without hampering their competitiveness is of paramount importance. The double externality issue related to environmental innovations makes the policy intervention crucial in order to avoid sub-optimal commitment of resources to the innovation process and ensure the reduction of polluting agents emissions. However, the positive outcome of any policy inducement mechanisms is not guaranteed, as different policy frameworks may generate different innovative outcomes. An in-depth analysis of environmental policy instruments is therefore all the more necessary in order to gain knowledge on the state of the art and evaluate the scenarios for further improvements.

Suggested Citation

  • Francesco Crespi & Claudia Ghisetti & Francesco Quatraro, 2015. "Taxonomy of Implemented Policy Instruments to Foster the Production of Green Technologies and Improve Environmental and Economic Performance. WWWforEurope Working Paper No. 90," WIFO Studies, WIFO, number 58131.
    • Handle: RePEc:wfo:wstudy:58131
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    References listed on IDEAS

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    Cited by:

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    2. Cristian Mardones & Pablo Herreros, 2023. "Ex post evaluation of voluntary environmental policies on the energy intensity in Chilean firms," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(9), pages 9111-9136, September.
    3. Zhang, Yijun & Song, Yi, 2022. "Tax rebates, technological innovation and sustainable development: Evidence from Chinese micro-level data," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    4. Costa-Campi, M.T. & García-Quevedo, J. & Martínez-Ros, E., 2017. "What are the determinants of investment in environmental R&D?," Energy Policy, Elsevier, vol. 104(C), pages 455-465.
    5. David Bailey & Lisa de Propris & Jürgen Janger, 2015. "Industrial and Innovation Policy as Drivers of Change. WWWforEurope Deliverable No. 9," WIFO Studies, WIFO, number 58412.

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