Innovation and Technology Dissemination in Clean Technology Markets and the Developing World: The Role of Trade, Intellectual Property Rights, and Uncertainty

Journal of Entrepreneurship, Management and Innovation, Vol. 10, Issue 2, 2014, pp. 7

32 Pages Posted: 11 Apr 2015 Last revised: 22 Apr 2015

Date Written: March 15, 2015

Abstract

Innovation is an inherently risky and uncertain process. Many of the broader challenges to innovation in general are both mirrored and exaggerated in clean technology innovation. The development of environmental technologies is further complicated by the public goods nature of knowledge, environmental externalities, and uncertainty. This study on clean technology focuses on recent work on the role of uncertainty, the participation of emerging and developing nations, the controversy surrounding intellectual property rights, and the variety of market actors and strategies in place. The paper also considers the policy instruments that are available, the cost, benefits and consequences of their use. As scholars continue to analyze when, where, why and how clean technology innovations are developed and adopted, it is essential that government policymakers aim to reduce uncertainty and risk, incentivize innovation with effective intellectual property rights, and foster transparency in the market. This continues to be a field of increasing future importance, and a rich area for continued academic study and analysis. Consumers, government policymakers and innovators would all benefit from a greater understanding of the process of technological change in the development, diffusion and financing of clean technologies.

Keywords: clean technology, environmental innovation, innovation policy, barriers to innovation, developing countries

Suggested Citation

Acri née Lybecker, Kristina M.L., Innovation and Technology Dissemination in Clean Technology Markets and the Developing World: The Role of Trade, Intellectual Property Rights, and Uncertainty (March 15, 2015). Journal of Entrepreneurship, Management and Innovation, Vol. 10, Issue 2, 2014, pp. 7. Available at SSRN: https://ssrn.com/abstract=2578671

Kristina M.L. Acri née Lybecker (Contact Author)

Colorado College - Department of Economics & Business ( email )

14 E Cache La Poudre Street
Colorado Springs, CO 80903
United States
719-389-6445 (Phone)
719-389-6927 (Fax)

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