Abstract
The paper evaluates several potential public policies to increase research and development (R&D) investments with the goal of introducing innovations to reduce harmful industrial emissions. The policies—new pre-innovation taxes, more stringent emissions regulations, promotion of cooperative R&D, promotion of outside financing from other companies and from the public, diplomacy to encourage emissions regulations that are more uniformly stringent worldwide, promoting dynamic competition with appropriate antitrust policy, and promoting the dissemination of fundamental knowledge about emissions and of licensable emissions-reducing technology—are evaluated by using primary data from US industry to estimate a model of the environmental R&D investments of industry.
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Scott, J.T. (2005). Public Policy and Environmental Research and Development. In: Link, A.N., Scherer, F.M. (eds) Essays in Honor of Edwin Mansfield. Springer, Boston, MA. https://doi.org/10.1007/0-387-25022-0_9
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DOI: https://doi.org/10.1007/0-387-25022-0_9
Publisher Name: Springer, Boston, MA
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