气候变化领域集成服务门户(CCPortal): Research on influencing factors of renewable energy, energy efficiency, on technological innovation. Does trade, investment and human capital development matter?

CCPortal

DOI	10.1016/j.enpol.2021.112718
	Research on influencing factors of renewable energy, energy efficiency, on technological innovation. Does trade, investment and human capital development matter?
	Wen J.; Okolo C.V.; Ugwuoke I.C.; Kolani K.
发表日期	2022
ISSN	0301-4215
卷号	160
英文摘要	Studies on renewable energy, energy efficiency, and sustainability appear to have accelerated worldwide in response to the need for alternate energy sources against conventional fossil-based sources. This work contributes to the current body of information by estimating the effects of renewable energy and energy efficiency on technological innovation using panel data from 1995 to 2017 and employing the instrumental variable fixed effect technique. The results indicate that renewable energy and energy efficiency promote innovation performance at the aggregate and disaggregate levels. A one percent increase in renewable energy will lead to about 0.437% increases in trademark and 0.114% increase in the patent application, respectively. Increasing energy efficiency promotes trademark by 0.029% and patent by 0.054%, respectively. Another important finding illustrates the moderating impact of investment, trade and human development on the aforementioned relationship. A series of robustness checks support our essential findings. The research supports Porter's hypothesis and directs key policy suggestions regarding environmental policies and promotes policy measures for the use of cleaner energies; Décentralisation of the energy industry to give more room for private sector participation; financial incentives to energy consumers for using renewable energy; issuance of green certificates and intensification of feed-in-tariffs; introduction of the polluter-pay principles for accountable. © 2021 Elsevier Ltd
英文关键词	Energy efficiency; Human capital development; Innovative activity; Investment; Renewable energy; Trade
语种	英语
scopus关键词	Energy efficiency; Environmental protection; International trade; Patents and inventions; Sustainable development; Trademarks; 'current; Alternate energy sources; Energy sustainability; Human capital development; Innovative activities; Instrumental variables; Investment capital; Panel data; Renewable energies; Technological innovation; Investments; alternative energy; decentralization; energy efficiency; human capital; innovation; international trade; investment; research; technological development
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/256429
作者单位	School of Economics and Finance, Xi'an Jiaotong University, No.74 Yanta West Road, Xi'an, Shaanxi 710061, China; Department of Exploration and Environmental Geosciences, Lulea University of Technology, Sweden; School of Human Settlements and Civil Engineering, Xi'an Jiaotong University, No. 28, Xi'an, Shaanxi 710049, China
推荐引用方式 GB/T 7714	Wen J.,Okolo C.V.,Ugwuoke I.C.,et al. Research on influencing factors of renewable energy, energy efficiency, on technological innovation. Does trade, investment and human capital development matter?[J],2022,160.
APA	Wen J.,Okolo C.V.,Ugwuoke I.C.,&Kolani K..(2022).Research on influencing factors of renewable energy, energy efficiency, on technological innovation. Does trade, investment and human capital development matter?.Energy Policy,160.
MLA	Wen J.,et al."Research on influencing factors of renewable energy, energy efficiency, on technological innovation. Does trade, investment and human capital development matter?".Energy Policy 160(2022).