Analysing future change in the EU's energy innovation system
| Autor: | Charlie Wilson, Yeong Jae Kim |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2022 |
| Předmět: |
Key innovation
9. Industry and infrastructure 020209 energy Energy (esotericism) Econometric analysis 02 engineering and technology 010501 environmental sciences Innovation system lcsh:HD9502-9502.5 01 natural sciences 7. Clean energy lcsh:Energy industries. Energy policy. Fuel trade Cost reduction Knowledge generation 8. Economic growth 0202 electrical engineering electronic engineering information engineering Economics Scenario analysis Industrial organization 0105 earth and related environmental sciences Energy (miscellaneous) |
| Zdroj: | Energy Strategy Reviews Energy Strategy Reviews, Vol 24, Iss, Pp 279-299 (2019) |
| Popis: | We develop a novel approach for quantitatively analysing future storylines of change by combining econometric analysis and Monte Carlo simulation for four different storylines of change in the EU's energy innovation system. We explore impacts on three key innovation outcomes: patenting (innovation), co-invention (collaboration), and technology cost reduction (diffusion). We find that diverse mixes of policy instruments stimulate collaborative innovation activity. We find that both RD&D expenditure and trade imports support knowledge generation and exchange, and that these relationships are largely robust to future uncertainty. Conversely, we find that policy durability and stability are only weakly linked to innovation outcomes, suggesting that adaptive policy responding to rapidly changing innovation environments should play an important part of the EU's energy future. Keywords: Monte Carlo simulation, Econometric analysis, Scenario analysis, Energy technology innovation system |
| Databáze: | OpenAIRE |
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