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Fueling a net-zero future: The influence of government-funded research on climate change mitigation inventions
Decision Theater, Arizona State University, Orchid House at the Brickyard, 21 E 6th St 126a, Tempe, 85281, AZ, United States.
School of Sustainability, Arizona State University, 777 E. University Drive, Tempe, 85281, AZ, United States.
School of Complex Adaptive Systems, Arizona State University, 1031 Palm Walk, Tempe, 85281, AZ, United States.
Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).ORCID iD: 0000-0002-4101-4279
2024 (English)In: Environmental Innovation and Societal Transitions, ISSN 2210-4224, E-ISSN 2210-4232, Vol. 51, article id 100836Article in journal (Refereed) Published
Sustainable development
00. Sustainable Development
Abstract [en]

This study examines the pace and content of Climate Change Mitigation Technology (CCMT) inventions, focusing on the influence of government-funded research on patent characteristics. Utilizing data from the USPTO, we analyze the trends in CCMT patenting from 1988 to 2017 and reveal a significant increase in CCMT inventions. However, patents in hydrogen technology and Carbon Capture and Storage (CCS) are comparatively low, suggesting these fields are still in the early development stages. CCMT inventions rely heavily on government-funded research, particularly in CCS and hydrogen technology. CCMT inventions relying on government research are more complex and generate larger and more pervasive knowledge spillovers than their counterparts. However, they are less likely to be novel and tend to consolidate rather than destabilize existing technologies. Interestingly, the effect of government research reducing the likelihood of novelty is only observed in CCMT inventions and does not extend to utility patents. These findings highlight the role of government-funded research in facilitating high-quality CCMT inventions through knowledge spillovers. Our study underscores the importance of sustained and targeted public investment in CCMT R&D. 

Place, publisher, year, edition, pages
Elsevier, 2024. Vol. 51, article id 100836
Keywords [en]
Climate change mitigation technology, Environmental inventions, Government-funded research, Knowledge recombination, Net-zero emission, Novelty, Patent data
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-63999DOI: 10.1016/j.eist.2024.100836ISI: 001224179700001Scopus ID: 2-s2.0-85189768824Local ID: HOA;intsam;946866OAI: oai:DiVA.org:hj-63999DiVA, id: diva2:1851515
Available from: 2024-04-15 Created: 2024-04-15 Last updated: 2024-06-03Bibliographically approved

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Strumsky, Deborah

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