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Brown bag seminar | Induced innovation, inventors, and the energy transition

Reducing carbon emissions requires developing clean technologies, and thus, innovation plays a central role in dealing with climate change. Researcher Eugenie Dugoua and her co-author investigates whether inventors can be induced to work on cleaner technologies and the kinds of adjustment costs they may face. Join the seminar to learn more about their finding and what their results may imply.

Stockholm Institute of Transition Economics (SITE) cordially invites you to join the online brown bag seminar with Eugenie Dugoua presenting a working paper titled`Induced Innovation, Inventors, and the Energy Transition´.

Induced Innovation, Inventors, and the Energy Transition

(Co-author: Todd Gerarden, Cornell University)

Abstract

Reducing carbon emissions requires developing clean technologies, and thus, innovation plays a central role in dealing with climate change. Models of directed technical change show how tax and R&D subsidies can rapidly redirect scientists' research activities towards the clean sector. This project investigates whether inventors can be induced to work on cleaner technologies and the kinds of adjustment costs they face. To do so, we use patent data to describe inventors' specialization across fields and over time, and we leverage quasi-random variation in energy prices to explore whether prices can induce inventors to shift their activities. We find that inventors patenting both on clean and dirty technologies are rare and only a small sub-sample of dirty inventors are susceptible to inducement. These results imply that inventors may not easily adjust to climate policy and stress the need for early-stage supply-side innovation policies to increase the pool of new clean inventors.

About the speaker

Eugenie Dugoua is an Assistant Professor in Environmental Economics at the London School of Economics, in the Department of Geography and Environment.

She is an environmental economist working on topics related to innovation, technological change and energy. Her interests lie primarily in understanding how policies, and more broadly speaking, institutions can influence innovation and science. She is also affiliated with the Grantham Research Institute at the London School of Economics.

Her research interest is

  • Environmental Economics
  • Innovation, Technological Change
  • Energy

Learn more about the her research projects>>

Interested in joining the online seminar?

The link to the seminar will be distrubted by invitation only. If you are interested to attend the seminar - please contact site@hhs.se. Follow the instructions below:

  • Type the subject box with "Brown bag seminar *INSERT SEMINAR TITLE*"
  • Describe in short who you are and why you want to join.

If you have followed the instructions accordingly, we will send you the Zoom-link via email with further instructions!

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