Steering innovations towards a green economy: understanding government intervention
Research output: Contribution to journal › Journal article › Research › peer-review
In this paper we analyse institutional conditions facilitating the transition towards a green economy by encouraging investment in the enhancement of natural capital and social equity, focussing especially on government interventions. Presenting a conceptual institutional model how innovation generally occurs, we depict system levels that can be influenced by government interventions to facilitate societal innovations towards a green economy. We hypothesize that the transition to a green economy is about extending the possibility frontier outwards towards a greener economy while at the same time limiting the “action space” at the brown economy end; a normative evaluation framework is presented to assess transitions correspondingly. We elaborate on the emerging lessons for governance by examining evidence from five selected European case studies, and provide a non-exhaustive list of impacts that government intervention may have on the action spaces available at different system levels.
Original language | English |
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Journal | Journal of Cleaner Production |
Volume | 135 |
Pages (from-to) | 426-434 |
ISSN | 0959-6526 |
DOIs | |
Publication status | Published - 2016 |
Externally published | Yes |
ID: 297006735