Clean Technology Diffusion in Developing and Emerging Countries
European Patent Forum - 2008, First International Conference, Inventing Cleaner Future: Climate Change and the Opportunities for Intellectual Property (IP), 6-7 May 2008, Ljubljana, Slovenia
Posted: 13 Feb 2009
Date Written: May 7, 2008
Abstract
Recent efforts to forge a consensus on the role developing countries should play in reducing global greenhouse gas emissions have focused attention on climate friendly technologies (CFTs). The effectiveness of technology-based climate strategies will depend critically on the rates at which CFTs diffuse in developing countries. This paper reviews some of the key findings of the economic research on technology diffusion and assesses the implications for climate policy. The paper highlights the main challenges for clean technology. The paper concludes that widespread diffusion of clean technology may take decades, and that diffusion rates in developing and industrialized countries are likely to be quite different. In addition, the literature has implications for a number of strategies for promoting clean technology diffusion in developing and emerging economies of the world.
Keywords: Clean technology, Climate change, Developing countries, Multinational companies, Globalisation, sustainable development
JEL Classification: Q53, Q54, Q55, Q56, Q58
Suggested Citation: Suggested Citation