FEEM working papers "Note di lavoro"
2016.071
Date: 14/11/2016

Transition Towards a Green Economy in Europe: Innovation and Knowledge Integration in the Renewable Energy Sector


Authors:
C. Conti (Sapienza University of Rome); M. L. Mancusi (Catholic University, CRIOS - Bocconi University); F. Sanna-Randaccio (Sapiena University of Rome); R. Sestini (Sapienza University of Rome); E. Verdolini (Fondazione CMCC, Fondazione Eni Enrico Mattei)
JEL n.: Q55, Q58, Q42, O31, O33
Keywords: Knowledge Spillovers, Renewable Energy Technologies, Fossil Energy Technologies, EU Innovation

Abstract

A major concern regarding innovation in clean technologies in the EU is that the fragmentation of its innovation system may hinder knowledge flows and, consequently, spillovers across member countries. A low intensity of knowledge flows across EU states can negatively impact their technological base, suppressing opportunities for further innovations and hindering the movement towards the technological frontier. This paper evaluates the fragmentation of the EU innovation system in the field of renewable energy sources (RES) by examining the intensity and direction of knowledge spillovers over the years 1985-2010. We modify the original double exponential knowledge diffusion model to provide information on the degree of integration of EU countries’ innovation efforts and to assess how citation patterns changed over time. We show that EU RES inventors have increasingly built “on the shoulders of the other EU giants”, intensifying their citations to other member countries and decreasing those to domestic inventors. Furthermore, the EU strengthened its position as source of RES knowledge for the US. Finally, we show that this pattern is peculiar to RES, with other traditional (i.e. fossil-based) energy technologies behaving differently.

***

Suggested citation: Conti, C., M. L. Mancusi, F. Sanna-Randaccio, R. Sestini, E. Verdolini, (2016), 'Transition Towards a Green Economy in Europe: Innovation and Knowledge Integration in the Renewable Energy Sector', Nota di Lavoro 71.2016, Milan, Italy: Fondazione Eni Enrico Mattei

Download file
Download file

FEEM Newsletter & Update

Subscribe to stay connected.

Your data will be processed by FEEM - Eni Enrico Mattei Foundation - Data Controller - to receive the Foundation's Newsletter & Update via e-mail. To send the requested information, the Data Controller uses e-mail sending service providers established in the U.S.A .: for this, your consent to the transfer of your email address to the U.S.A. is required, without which it will not be possible to comply with your request. We invite you to consult the complete information to obtain detailed information to protect your rights.