Kim, Yeong Jae and Wilson, Charlie ORCID: https://orcid.org/0000-0001-8164-3566
(2019)
Analysing future change in the EU's energy innovation system.
Energy Strategy Reviews, 24.
pp. 279-299.
ISSN 2211-467X
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Abstract
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.
Item Type: | Article |
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Uncontrolled Keywords: | econometric analysis,energy technology innovation system,monte carlo simulation,scenario analysis,energy (miscellaneous) ,/dk/atira/pure/subjectarea/asjc/2100/2101 |
Faculty \ School: | Faculty of Science > School of Environmental Sciences |
UEA Research Groups: | University of East Anglia Schools > Faculty of Science > Tyndall Centre for Climate Change Research Faculty of Science > Research Centres > Tyndall Centre for Climate Change Research |
Related URLs: | |
Depositing User: | LivePure Connector |
Date Deposited: | 26 Apr 2019 13:30 |
Last Modified: | 21 Oct 2022 22:38 |
URI: | https://ueaeprints.uea.ac.uk/id/eprint/70718 |
DOI: | 10.1016/j.esr.2019.04.012 |
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