Knowledge Spillovers from Clean Innovation: A Tradeoff between Growth and Climate?

Add to your list(s) Download to your calendar using vCal

• Dr Dennis Verhoeven, SKEMA Business School
• Wednesday 30 October 2024, 17:00-18:00
• W2.01, Cambridge Judge Business School.

If you have a question about this talk, please contact Emily Brown.

Allocating scarce public funds to clean R&D might mean forfeiting higher economic gains from supporting other sectors, creating a tradeoff between economic and environmental goals. Our analysis of knowledge spillovers – the primary pathway for growth via innovation policy – suggests no such tradeoff: subsidy return rates are higher in Clean than in most other fields.

But designing clean innovation policy based on national interests alone is inefficient, with EU-wide coordination boosting EU returns by 25% and global coordination raising worldwide returns by over 60%. Our analysis of cross-border knowledge spillovers suggests the EU could significantly benefit from US clean-focused policies like the Inflation Reduction Act.

Please note, all our research seminars can be found on the CJBS website: CJBS Research Seminars

This talk is part of the Economics & Policy Seminars, CJBS series.

This talk is included in these lists:

• Economics & Policy Seminars, CJBS
• W2.01, Cambridge Judge Business School

Note that ex-directory lists are not shown.