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Steering innovations towards a green economy: Understanding government intervention.
- Source :
-
Journal of Cleaner Production . Nov2016, Vol. 135, p426-434. 9p. - Publication Year :
- 2016
-
Abstract
- 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. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09596526
- Volume :
- 135
- Database :
- Academic Search Index
- Journal :
- Journal of Cleaner Production
- Publication Type :
- Academic Journal
- Accession number :
- 117518439
- Full Text :
- https://doi.org/10.1016/j.jclepro.2016.06.123