Innovation Dynamics in the Renewable Energy Sector: The Role of Cross-Country Spillovers

24 Pages Posted: 20 Aug 2010 Last revised: 21 Nov 2013

See all articles by Paola Garrone

Paola Garrone

Politecnico di Milano

Lucia Piscitello

Politecnico di Milano - Dipartimento di Ingegneria gestionale

Yan Wang

Chinese Institute of Electronics; Polytechnic University of Milan

Date Written: December 1, 2010

Abstract

This paper investigates the role of cross-country spillovers in renewable energy technologies. The balance between international and domestic knowledge sourcing in energy innovation is still an open question. Recent studies show that a few countries develop new high-quality technologies, but follower countries cannot limit themselves to importing such technologies, they should also undertake adaptive and absorptive R&D efforts.

Relying on a knowledge production function, we model the innovation dynamics of 18 OECD countries throughout the 1990-2006 period. Our findings show that, after controlling for climate-energy policies, domestic R&D determines renewable energy innovations, but international knowledge spillovers are also relevant. Additionally, the stronger the connections/linkages between countries, the more likely spillovers are of occurring.

Keywords: renewable,cross-country spillover, energy innovation

JEL Classification: Q42, O3, F2

Suggested Citation

Garrone, Paola and Piscitello, Lucia and Wang, Yan, Innovation Dynamics in the Renewable Energy Sector: The Role of Cross-Country Spillovers (December 1, 2010). USAEE Working Paper No. 12-136. Available at SSRN: https://ssrn.com/abstract=1661627 or http://dx.doi.org/10.2139/ssrn.1661627

Paola Garrone (Contact Author)

Politecnico di Milano ( email )

piazza Leonardo da Vinci 32
Milano, 20133
Italy
+39-02-23992742 (Phone)

Lucia Piscitello

Politecnico di Milano - Dipartimento di Ingegneria gestionale ( email )

20113 Milan, Milano
Italy

HOME PAGE: http://www.dig.polimi.it/eng/comunita/cl.php?id=51

Yan Wang

Chinese Institute of Electronics ( email )

Building 13, Haidian District
Beijing, 100036
China

Polytechnic University of Milan ( email )

Piazza Leonardo da Vinci
Milan, Milano 20100
Italy

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