International knowledge spillovers in energy technologies
This study examines the impact of barriers to knowledge diffusion in energy technologies in 29 countries from 1990 to 2015, distinguishing between efficient fossil-based generation and mature renewable options, namely wind and solar. We show that knowledge flows are higher in countries with similar...
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Format: | Article |
Language: | English |
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Elsevier
2023-09-01
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Series: | Energy Strategy Reviews |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S2211467X23001013 |
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author | Yeong Jae Kim Elena Verdolini |
author_facet | Yeong Jae Kim Elena Verdolini |
author_sort | Yeong Jae Kim |
collection | DOAJ |
description | This study examines the impact of barriers to knowledge diffusion in energy technologies in 29 countries from 1990 to 2015, distinguishing between efficient fossil-based generation and mature renewable options, namely wind and solar. We show that knowledge flows are higher in countries with similar technological profiles, particularly for mature renewables. The study finds that international knowledge spillovers have increased in intensity for wind and solar, while the opposite is true for fossil-based technologies. That means that foreign knowledge has increasingly informed domestic investors and points to the key role that knowledge flows from abroad had in promoting innovation in low-carbon technology options. Integrated assessment models should account for the role international knowledge spillovers play in the generation of new knowledge and in contributing to rapid decrease in costs. |
first_indexed | 2024-03-12T00:09:28Z |
format | Article |
id | doaj.art-b8d545c5f0a749489b831cc67c5296c9 |
institution | Directory Open Access Journal |
issn | 2211-467X |
language | English |
last_indexed | 2024-03-12T00:09:28Z |
publishDate | 2023-09-01 |
publisher | Elsevier |
record_format | Article |
series | Energy Strategy Reviews |
spelling | doaj.art-b8d545c5f0a749489b831cc67c5296c92023-09-16T05:30:40ZengElsevierEnergy Strategy Reviews2211-467X2023-09-0149101151International knowledge spillovers in energy technologiesYeong Jae Kim0Elena Verdolini1KDI School of Public Policy and Management, 263 Namsejong-Ro, Sejong-Si, 30149, Republic of Korea; RFF-CMCC European Institute on Economics and the Environment, Milano, Italy; Corresponding author. KDI School of Public Policy and Management, 263 Namsejong-Ro, Sejong-Si, 30149, Republic of Korea.Law Department, Università degli Studi di Brescia, Brescia, Italy; RFF-CMCC European Institute on Economics and the Environment, Milano, ItalyThis study examines the impact of barriers to knowledge diffusion in energy technologies in 29 countries from 1990 to 2015, distinguishing between efficient fossil-based generation and mature renewable options, namely wind and solar. We show that knowledge flows are higher in countries with similar technological profiles, particularly for mature renewables. The study finds that international knowledge spillovers have increased in intensity for wind and solar, while the opposite is true for fossil-based technologies. That means that foreign knowledge has increasingly informed domestic investors and points to the key role that knowledge flows from abroad had in promoting innovation in low-carbon technology options. Integrated assessment models should account for the role international knowledge spillovers play in the generation of new knowledge and in contributing to rapid decrease in costs.http://www.sciencedirect.com/science/article/pii/S2211467X23001013InnovationTechnology diffusionKnowledge spilloversWind and solar technologiesFossil-based technologies |
spellingShingle | Yeong Jae Kim Elena Verdolini International knowledge spillovers in energy technologies Energy Strategy Reviews Innovation Technology diffusion Knowledge spillovers Wind and solar technologies Fossil-based technologies |
title | International knowledge spillovers in energy technologies |
title_full | International knowledge spillovers in energy technologies |
title_fullStr | International knowledge spillovers in energy technologies |
title_full_unstemmed | International knowledge spillovers in energy technologies |
title_short | International knowledge spillovers in energy technologies |
title_sort | international knowledge spillovers in energy technologies |
topic | Innovation Technology diffusion Knowledge spillovers Wind and solar technologies Fossil-based technologies |
url | http://www.sciencedirect.com/science/article/pii/S2211467X23001013 |
work_keys_str_mv | AT yeongjaekim internationalknowledgespilloversinenergytechnologies AT elenaverdolini internationalknowledgespilloversinenergytechnologies |