Innovative analysis in climate change: Evidence from developed European countries

Since the turn of the 20th century, the whole world entered a period of technological singularity. It is also predicted that the pace of innovation regarding problems associated with climate change, generational change of technologies will constantly increase. This paper aims to bring an innovative...

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Main Authors: Sergey Barykin, Vladimir Yadykin, Vladimir Badenko, Sergey Sergeev, Andrey Bezborodov, Kristina Lavskaya, Elena de la Poza, Dmitry Morkovkin, Tatyana Shchukina, Roman Veynberg, Igor Rassylnikov, Vera Svechnikova, S. M. Muyeen
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-10-01
Series:Frontiers in Environmental Science
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenvs.2022.1048621/full
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author Sergey Barykin
Vladimir Yadykin
Vladimir Badenko
Sergey Sergeev
Andrey Bezborodov
Kristina Lavskaya
Elena de la Poza
Dmitry Morkovkin
Tatyana Shchukina
Tatyana Shchukina
Roman Veynberg
Igor Rassylnikov
Vera Svechnikova
S. M. Muyeen
author_facet Sergey Barykin
Vladimir Yadykin
Vladimir Badenko
Sergey Sergeev
Andrey Bezborodov
Kristina Lavskaya
Elena de la Poza
Dmitry Morkovkin
Tatyana Shchukina
Tatyana Shchukina
Roman Veynberg
Igor Rassylnikov
Vera Svechnikova
S. M. Muyeen
author_sort Sergey Barykin
collection DOAJ
description Since the turn of the 20th century, the whole world entered a period of technological singularity. It is also predicted that the pace of innovation regarding problems associated with climate change, generational change of technologies will constantly increase. This paper aims to bring an innovative product to the market regarding subsequent economical and social strategy. The methodology is based on a dynamic assessment of the development of consumer demand in the context of innovative proposals. In the article, results are obtained and the volume of investments in the development of innovations is determined, which optimizes the balance between curtailing the volume of output using the previous technology in climate change and increasing the production and sale of an innovative product in climate change. The novelty of this study is in the panel framework on the base of Model Based System Engineering (MBSE). The study concludes that MBSE are more sensitive to innovative activity. The volume of investments in the development of innovations is determined. The main result is the total profit from the demand in the consumer market for products based on old and new technologies in climate change, since reformed business processes entail significant financial costs. The above-discussed issues lead to inappropriate misleading policy recommendations. The main recommendation is using disaggregated trade data for each trading partner and industry level to conclude more accurate results and policy recommendations for each trading partner and industry in concern.
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spelling doaj.art-6c052ac8d8a64d5da95a9a17544448f52022-12-22T03:25:56ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2022-10-011010.3389/fenvs.2022.10486211048621Innovative analysis in climate change: Evidence from developed European countriesSergey Barykin0Vladimir Yadykin1Vladimir Badenko2Sergey Sergeev3Andrey Bezborodov4Kristina Lavskaya5Elena de la Poza6Dmitry Morkovkin7Tatyana Shchukina8Tatyana Shchukina9Roman Veynberg10Igor Rassylnikov11Vera Svechnikova12S. M. Muyeen13National Technological Initiative Center, Peter the Great St. Petersburg Polytechnic University, St. Petersburg, RussiaNational Technological Initiative Center, Peter the Great St. Petersburg Polytechnic University, St. Petersburg, RussiaNational Technological Initiative Center, Peter the Great St. Petersburg Polytechnic University, St. Petersburg, RussiaNational Technological Initiative Center, Peter the Great St. Petersburg Polytechnic University, St. Petersburg, RussiaNational Technological Initiative Center, Peter the Great St. Petersburg Polytechnic University, St. Petersburg, RussiaNational Technological Initiative Center, Peter the Great St. Petersburg Polytechnic University, St. Petersburg, RussiaCenter for Economic Engineering (INECO), Universitat Politècnica de València, Valencia, SpainFinancial University Under the Government of the Russian Federation, Moscow, RussiaMIREA - Russian Technological University, Moscow, RussiaInstitute of State and Law of the Russian Academy of Sciences, Moscow, RussiaPlekhanov Russian University of Economics, Moscow, RussiaMIREA - Russian Technological University, Moscow, RussiaMIREA - Russian Technological University, Moscow, RussiaDepartment of Electrical Engineering, Qatar University, Doha, QatarSince the turn of the 20th century, the whole world entered a period of technological singularity. It is also predicted that the pace of innovation regarding problems associated with climate change, generational change of technologies will constantly increase. This paper aims to bring an innovative product to the market regarding subsequent economical and social strategy. The methodology is based on a dynamic assessment of the development of consumer demand in the context of innovative proposals. In the article, results are obtained and the volume of investments in the development of innovations is determined, which optimizes the balance between curtailing the volume of output using the previous technology in climate change and increasing the production and sale of an innovative product in climate change. The novelty of this study is in the panel framework on the base of Model Based System Engineering (MBSE). The study concludes that MBSE are more sensitive to innovative activity. The volume of investments in the development of innovations is determined. The main result is the total profit from the demand in the consumer market for products based on old and new technologies in climate change, since reformed business processes entail significant financial costs. The above-discussed issues lead to inappropriate misleading policy recommendations. The main recommendation is using disaggregated trade data for each trading partner and industry level to conclude more accurate results and policy recommendations for each trading partner and industry in concern.https://www.frontiersin.org/articles/10.3389/fenvs.2022.1048621/fullreplacementinnovative activitiestechnologyinnovative economyassessment
spellingShingle Sergey Barykin
Vladimir Yadykin
Vladimir Badenko
Sergey Sergeev
Andrey Bezborodov
Kristina Lavskaya
Elena de la Poza
Dmitry Morkovkin
Tatyana Shchukina
Tatyana Shchukina
Roman Veynberg
Igor Rassylnikov
Vera Svechnikova
S. M. Muyeen
Innovative analysis in climate change: Evidence from developed European countries
Frontiers in Environmental Science
replacement
innovative activities
technology
innovative economy
assessment
title Innovative analysis in climate change: Evidence from developed European countries
title_full Innovative analysis in climate change: Evidence from developed European countries
title_fullStr Innovative analysis in climate change: Evidence from developed European countries
title_full_unstemmed Innovative analysis in climate change: Evidence from developed European countries
title_short Innovative analysis in climate change: Evidence from developed European countries
title_sort innovative analysis in climate change evidence from developed european countries
topic replacement
innovative activities
technology
innovative economy
assessment
url https://www.frontiersin.org/articles/10.3389/fenvs.2022.1048621/full
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