Addressing Barriers to Low-Carbon Innovation
Essays on Structures and Policies to Mobilise Private Finance
Summary
Excerpt
Table Of Contents
- Cover
- Title
- Copyright
- About the author(s)/editor(s)
- About the book
- This eBook can be cited
- Acknowledgements
- Table of Contents
- List of figures
- List of tables
- List of abbreviations
- 1 Introduction
- 1.1 Motivation, purpose and scope of the research
- 1.2 Theoretical background and research context
- 1.3 Research questions and methodologies
- 2 Barriers to low-carbon innovation and policy responses in innovation studies literature
- 2.1 Introduction
- 2.2 Methodology
- 2.2.1 Research approach
- 2.2.2 Developing an analytical framework for the literature review
- 2.3 Barriers to low-carbon innovation along the innovation cycle
- 2.3.1 Technological barriers
- 2.3.2 Institutional barriers
- 2.3.3 Economic barriers
- 2.3.4 Financial barriers
- 2.3.5 Political barriers
- 2.3.6 Interaction and capability barriers
- 2.3.7 Transformation barriers
- 2.4 Policy approaches to address the barriers
- 2.4.1 Active technology policy
- 2.4.2 Institutional support
- 2.4.3 Fixing market failures and market creation
- 2.4.4 Mobilise public and private investment
- 2.4.5 Interactive and reflexive policy design
- 2.4.6 Fostering interaction, increasing knowledge and learning
- 2.4.7 Facilitate transformation
- 2.5 Barriers to low-carbon innovation and policy responses
- 2.5.1 Discussion
- 2.5.2 Avenues for future research
- 2.6 Conclusion and policy implications
- 3 Accelerating the cleantech revolution: Exploring the financial mobilisation functions of institutional innovation intermediaries
- 3.1 Introduction
- 3.2 Theoretical background
- 3.2.1 Financing of R&D and innovation
- 3.2.2 The role of intermediaries in addressing (financial) barriers
- 3.2.3 Research question and research gap
- 3.3 Methods and data
- 3.3.1 Research context
- 3.3.2 Sample
- 3.3.3 Data collection
- 3.3.4 Data analysis
- 3.4 Results
- 3.4.1 An intermediaries’ perspective on the relation between financial barriers and other barriers to (low-carbon) innovation
- 3.4.2 Role of institutional intermediaries in addressing these barriers
- 3.5 Discussion and conclusions
- 3.5.1 Addressing financial barriers requires a holistic perspective
- 3.5.2 Exploring the financial mobilisation functions of (institutional) innovation intermediaries
- 3.5.3 The synergic role of financial mobilisation intermediation with other intermediation functions
- 3.6 Conclusion and implications for research and policy
- 4 Exploring the role of ESCOs to overcome barriers for innovative energy demand reduction technologies – the case of public LED street lighting in German municipalities
- 4.1 Introduction
- 4.2 Theoretical background
- 4.2.1 Challenges facing adoption of novel end-use energy demand technologies
- 4.2.2 ESCO solutions for the diffusion of end-use energy demand technologies
- 4.2.3 Research gaps identified in the literature
- 4.2.4 Analytical Framework: Transaction cost economics
- 4.3 Methods and data
- 4.3.1 Case study: LED street lighting and ESCO solutions in German municipalities
- 4.3.2 Data Collection
- 4.3.3 Data Analysis
- 4.4 Results: Factors affecting the diffusion of LED street lighting and EPC
- 4.4.1 Technological factors
- 4.4.2 Competency and capacity factors
- 4.4.3 Institutional factors
- 4.4.4 Economic / investment factors
- 4.5 Discussion
- 4.5.1 Factors affecting the diffusion of LED street lighting and associated services
- 4.5.2 Modes of governance for novel end-use energy demand technologies
- 4.5.3 Using TCE for the analysis of ESCO solutions
- 4.6 Conclusions and implications
- 4.6.1 Conclusions
- 4.6.2 Implications for policy makers and managers
- 4.6.3 Limitations and future research
- 5 Public policy influence on renewable energy investments – a panel data study across OECD countries
- 5.1 Introduction
- 5.2 Theoretical background
- 5.2.1 Public policy influence on renewable energy deployment
- 5.2.2 Investors’ perspective on renewable energies
- 5.3 Methods and data
- 5.3.1 Research design
- 5.3.2 Data
- 5.3.3 Model
- 5.3.4 Longitudinal analysis (panel data regression)
- 5.4 Results and discussion
- 5.4.1 Fiscal and financial incentives
- 5.4.2 Market-based incentives
- 5.4.3 Direct investments
- 5.4.4 Policy support
- 5.4.5 Regulatory instruments
- 5.4.6 Robustness checks
- 5.5 Conclusions and policy implications
- 6 Conclusions and implications
- 6.1 Conclusions
- 6.1.1 Barriers to low-carbon innovation inhibit the financing for companies, projects and infrastructure
- 6.1.2 Transparent structures which focus on risk and return facilitate private investments into clean technologies along the innovation cycle
- 6.1.3 Science, technology and innovation (STI) policies and regulation are needed to spur private investments into clean technologies
- 6.2 Implications for research and policy makers
- 6.2.1 Implications for research
- 6.2.2 Implications for policy makers
- 6.3 Limitations
- 6.4 Future research
- 7 References
- 8 Appendix
- 8.1 Appendix for chapter 3
- 8.1.1 Supplementary data (i.e. organised quotes)
- 8.1.2 Interview guide
- 8.2 Appendix for chapter 4
- 8.2.1 Interview guide
- 8.2.2 Interview participants
- 8.3 Appendix for chapter 5
- 8.3.1 Case selection
- 8.3.2 Summary statistics
- 8.3.3 Robustness checks
Figure 1-1: Stylised innovation cycle for clean technologies
Figure 1-2: Structure of this thesis
Figure 2-1: Literature streams and main concepts
Figure 2-2: Barriers to commercialisation and diffusion of eco-innovation
Figure 2-3: Policy responses to accelerate commercialisation and diffusion of eco-innovation
Figure 3-1: Position of the intermediaries and unit of analysis (research setting)
Figure 3-2: Model for intermediaries to address barriers to (low-carbon) innovation
Figure 4-1: Spectrum of governance structures
Figure 4-2: Overview about actors and modes of lighting governance
Figure 5-1: Renewable power capacity investment compared to fossil-fuel power capacity investment, 2008–2013 in billion USD
Figure 5-2: Model for the quantitative panel regression
Table 1-1: Overview about journal articles as chapters in this thesis
Table 2-1: Selected avenues for future research
Table 3-1: Overview of barriers to innovation and financing instruments
Table 3-2: Overview of policy instruments for financing innovation (implemented by intermediaries)
Table 3-3: R&D partnerships and interviewees
Table 3-4: Qualitative interview coding scheme and category emergence
Table 3-5: Financial mobilisation functions and corresponding instruments
Table 4-1: Overview of characteristics and behaviours that can affect transaction costs (TC)
Table 4-2: Spectrum of governance structures for municipal street lighting in Germany
Table 4-3: TCE perspective – Factors affecting the governance of novel EUEDs
Table 5-1: Specification tests for the quantitative model
Table 5-2: Panel-corrected standard errors (PCSE) regression results
Table 5-3: Ordinary least square (OLS) regression results
Table 5-4: Overview of the results
Table 8-1: Representative quotes for barriers, roles and functions of the intermediaries
Table 8-2: Sample of lighting and ESCo market actors
Table 8-3: Country selection for the quantitative analysis
Table 8-4: Data – definition, sources and descriptive statistics
Table 8-5: Pairwise correlation coefficients (Multiple RE / aggregated sectors)
Table 8-6: Random effects estimator (REE) regression results
Details
- Pages
- 192
- Publication Year
- 2016
- ISBN (PDF)
- 9783653061161
- ISBN (MOBI)
- 9783653954500
- ISBN (ePUB)
- 9783653954517
- ISBN (Softcover)
- 9783631669815
- DOI
- 10.3726/978-3-653-06116-1
- Language
- English
- Publication date
- 2015 (October)
- Keywords
- Barrieren für Umweltinnovationen Finanzierung von Innovationen Innovationspolitik Erneuerbare Energien
- Published
- Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien, 2015. 192 pp., 11 b/w fig., 20 tables
- Product Safety
- Peter Lang Group AG