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Navigating the impact-innovation double hurdle: The case of a climate change research fund

Author

Listed:
  • Fiona Lettice
  • Palie Smart
  • Yehuda Baruch

    (Tr@jectoires - Pôle Trajectoires - Rouen Business School - Rouen Business School)

  • Mark Johnson

Abstract

This paper analyses how the funding for research grants was allocated from a specific research fund which aimed to support innovative research projects with the potential to have research impact by reducing carbon emissions. The fund received a total of 106 proposals, of which 27 were successful at obtaining financial support. Our aims were to test which factors influenced the funding decision and to discover whether or not and to what extent the fund met its intended objectives through the allocation of monies. The allocation process and its outcomes were analysed using correlation, logistical and linear regression to test our research hypotheses. Using this research funding process as a single study, we found that trying to clear the impact-innovation double hurdle in a single funding initiative ultimately compromises both goals. This paper therefore contributes to our understanding of innovation management within the context of carbon emission reduction and explains which factors influenced success in securing research monies through the funding process.

Suggested Citation

  • Fiona Lettice & Palie Smart & Yehuda Baruch & Mark Johnson, 2012. "Navigating the impact-innovation double hurdle: The case of a climate change research fund," Post-Print hal-00779735, HAL.
    • Handle: RePEc:hal:journl:hal-00779735
    DOI: 10.1016/j.respol.2012.03.003
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    Cited by:

    1. Ferreira, João J.M. & Fernandes, Cristina I. & Ferreira, Fernando A.F., 2020. "Technology transfer, climate change mitigation, and environmental patent impact on sustainability and economic growth: A comparison of European countries," Technological Forecasting and Social Change, Elsevier, vol. 150(C).
    2. Cristina I. Fernandes & Pedro Mota Veiga & João J.M. Ferreira & Mathew Hughes, 2021. "Green growth versus economic growth: Do sustainable technology transfer and innovations lead to an imperfect choice?," Business Strategy and the Environment, Wiley Blackwell, vol. 30(4), pages 2021-2037, May.
    3. , Aisdl, 2021. "Recipes for a Successful Exit for Clean- and Hard-tech Startups," OSF Preprints k3vey, Center for Open Science.
    4. Su, Hsin-Ning & Moaniba, Igam M., 2017. "Does innovation respond to climate change? Empirical evidence from patents and greenhouse gas emissions," Technological Forecasting and Social Change, Elsevier, vol. 122(C), pages 49-62.

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