Designing industrial strategy for a low carbon transformation

Busch, Jonathan, Foxon, Timothy J and Taylor, Peter G (2018) Designing industrial strategy for a low carbon transformation. Environmental Innovation and Societal Transitions, 29. pp. 114-125. ISSN 2210-4224

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The recent re-emergence of industrial policy as a legitimate pursuit of governments in Europe and the US has the potential to open up a new realm of policy action for climate change mitigation. This would aim to align efforts to secure national industrial opportunities with the development of low carbon industrial systems, so as to generate both socio-economic and environmental benefits. The paper discusses the role of low carbon industrial strategy in seeking to do this, thereby accelerating transitions to a low carbon economy. It sets out the elements of a more systemic low carbon industrial strategy, including providing a mission-oriented and learning-based approach, drawing on and combining insights from neo-Schumpeterian and ecological economics perspectives.

Item Type: Article
Keywords: Low carbon industrial strategy, clean growth, neo-Schumpeterian theory, mission-oriented innovation
Schools and Departments: School of Business, Management and Economics > SPRU - Science Policy Research Unit
Research Centres and Groups: Sussex Sustainability Research Programme
The Sussex Energy Group
Subjects: G Geography. Anthropology. Recreation > GE Environmental Sciences > GE170 Environmental policy
H Social Sciences > HD Industries. Land use. Labour > HD0072 Economic development. Development economics. Economic growth
H Social Sciences > HD Industries. Land use. Labour > HD0028 Management. Industrial Management
Depositing User: Timothy Foxon
Date Deposited: 07 Aug 2018 14:42
Last Modified: 22 Feb 2019 11:48

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