Abstract
Many green technologies have been invented to prevent CO2 emission. But the alarming increased in CO2 emissions in the last half-century can also induce the advancement of green technology. In order to evaluate the effect of changes in CO2 emissions on green R&D investment and the generation of related patents, a new logarithmic mean Divisia index (LMDI) decomposition method is proposed. The method identifies the effect of CO2 changes on patent applications via R&D investment using the following six factors: production, energy intensity, fuel mix, CO2 emission coefficient, R&D reaction, and R&D efficiency. Using the data from 2004 to 2012, we apply the proposed method to the four countries (France, Germany, Italy, and the United Kingdom) in order to compare the main factors driving green patent applications in each country. The findings provide insight for effective generation of green technology patents.
Original language | English |
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Pages (from-to) | 290-299 |
Number of pages | 10 |
Journal | Journal of Cleaner Production |
Volume | 193 |
DOIs | |
Publication status | Published - 2018 Aug 20 |
Bibliographical note
Funding Information:This work was supported by the National Research Foundation of Korea grant funded by the Korea government (MSIP) (2016R1A2A1A05005270).
Publisher Copyright:
© 2018
All Science Journal Classification (ASJC) codes
- Renewable Energy, Sustainability and the Environment
- Environmental Science(all)
- Strategy and Management
- Industrial and Manufacturing Engineering