Nils Droste
Associate professor
Steering innovations towards a green economy : Understanding government intervention
Author
Summary, in English
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.
Publishing year
2016-11-01
Language
English
Pages
426-434
Publication/Series
Journal of Cleaner Production
Volume
135
Document type
Journal article
Publisher
Elsevier
Keywords
- Governance
- Green economy
- Innovation
- Natural capital
- Social equity
- Transition management
Status
Published
ISBN/ISSN/Other
- ISSN: 0959-6526