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...

Full description

Bibliographic Details
Main Authors: Yeong Jae Kim, Elena Verdolini
Format: Article
Language:English
Published: Elsevier 2023-09-01
Series:Energy Strategy Reviews
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2211467X23001013
_version_ 1797683091540541440
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