Policy Strategies to Promote Eco-Innovation
17 Pages Posted: 14 Mar 2011
Date Written: August 27, 2010
This article elaborates an integrated policy framework, including policy features and specific measures that can be implemented to mitigate the barriers to eco-innovations. We claim that factors inhibiting the development and uptake of eco-innovations are multifaceted and stem from different sources. This systems view, which highlights the multilayered conception of the obstacles to eco-innovation, calls for a combination of environmental and technology policies adapted to the different barriers and characteristics of the technologies. Drawing on evolutionary economics, the article sheds light on the appropriate combinations of framework conditions and instruments that are most effective to promote eco-innovation, considering different barriers and eco-innovation types (process/product, mature/immature, and radical/incremental).
Keywords: barriers, environmental economics, environmental policy, evolutionary economics, industrial ecology, technology policy
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