2026-04-17T02:30:18Zhttps://recercat.cat/oai/request

oai:recercat.cat:2445/1178422025-11-20T10:16:30Zcom_2072_1057col_2072_478809col_2072_478917

00925njm 22002777a 4500 dc Costa, M. Teresa (Maria Teresa), 1951- author Garcia-Quevedo, Jose author Martínez-Ros, Ester author 2017-11-16T17:06:40Z 2019-05-31T05:10:12Z 2017-05 2017-11-16T17:06:41Z To face the challenges posed by climate change, environmental R&D and innovation are critical factors if we hope to cut emissions; yet, investment in environmental R&D remains below the social optimum. The aim of this paper is to analyse the determinants of investment in environmental innovation and to detect the differences, if any, with the determinants of investment in general innovation. In addition, this paper examines the relationship between environmental innovation R&D expenditure and a range of policy instruments, including environmental regulation and other policy measures including R&D subsidies and environmental taxes. The empirical analysis is carried out for 22 manufacturing sectors in Spain for the period 2008-2013. To overcome problems of data availability, we construct a comprehensive database from different surveys. The main implications from our results are (1). Managerial strategy appears as a relevant driver of environmental R&D investments. (2) The establishment of a policy mix between environmental, energy and technological regulatory measures is recommended. (3) The promotion of self-regulation through actions that encourage companies to follow a policy that affects their energy efficiency and is environmentally friendly. Gestió de la innovació Política ambiental Anàlisi de dades de panel Impostos Innovation management Environmental policy Panel analysis Taxation What are the determinants of investment in environmental R&D?