In this section, you can access to the latest technical information related to the FUTURE project topic.

Steering innovations towards a green economy: Understanding government intervention

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.

» Author: Jafar Rezaei, Thomas Nispeling, Joseph Sarkis, Lori Tavasszy

» Reference: Journal of Cleaner Production, Volume 135

» Publication Date: 01/11/2016

» Source: ScienceDirect - GPP

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