Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/266479 
Year of Publication: 
2022
Citation: 
[Journal:] Environmental Innovation and Societal Transitions [ISSN:] 2210-4224 [Volume:] 43 [Publisher:] Elsevier [Place:] Amsterdam [u.a.] [Year:] 2022 [Pages:] 257-269
Publisher: 
Elsevier, Amsterdam [u.a.]
Abstract: 
Green-growth theory asserts that green-innovations will allow us to decouple economic growth from pollution. Policies that promote green-innovations are therefore paramount. Scholarship has become increasingly interested in how green-clusters can contribute to sustainable innovation and decoupled green-growth. In this study, we create an agent-based model that can simulate a cluster's transition, as shaped by different policy instruments. We use this model to explore the effects of a) innovation grants, b) fines for pollution c) financial incentives for entrants, and d) an instrument mix of incentives and fines, on the green-growth of a peripheral-region cluster. Our results indicate that designing instruments for absolutely decoupled growth of peripheral-clusters is close to impossible; and demonstrate the inherent trade-offs in designing policies for relatively decoupled growth. Based on these results, we opine there should be more nuanced deliberation on the potential contribution of green-clusters to sustainable development,with greater focus on the possible trade-offs.
Subjects: 
decoupling
green-clusters
agent-based modelling
socio-technical transitions
policy instruments
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article
Document Version: 
Published Version

Files in This Item:
File
Size
20.04 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.