The effects of local interventions on global technological change through spillovers: A modeling framework and application to the road-freight sector.

ABSTRACT: To address global sustainability challenges, (public) policy interventions are needed to induce or accelerate technological change. While most policy interventions occur on the local level, their innovation effects can spill over to other jurisdictions, potentially having global impact. These spillovers can increase or reduce the incentive for interventions. Lacking to date are computational models that capture these spillover dynamics. Here, we devise a conceptual and methodological approach to quantify ex ante the effects of local demand-side interventions on global competition between incumbent and novel technologies. We introduce two factors that moderate global spillovers-relative size of selection environments and relative innovation potential of competing technologies. Our approach

SUBMITTER: Noll B 

PROVIDER: S-EPMC10589666 | biostudies-literature | 2023 Oct

REPOSITORIES: biostudies-literature