Addressing barriers to eco-innovation: Exploring the finance mobilisation functions of institutional innovation intermediaries

被引:129
|
作者
Polzin, Friedemann [1 ,2 ,3 ]
von Flotow, Paschen [3 ]
Klerkx, Laurens [4 ]
机构
[1] Utrecht Univ Sch Econ USE, Sustainable Finance Lab, Chair Strategy Org & Entrepreneurship, Kriekenpitpl 21-22, NL-3584 EC Utrecht, Netherlands
[2] EBS Business Sch, Strascheg Inst Innovat & Entrepreneurship SIIE, Rheingaustr 1, D-65375 Oestrich Winkel, Germany
[3] Sustainable Business Inst SBI, Zehnthofstr 1, D-65375 Oestrich Winkel, Germany
[4] Wageningen Univ, Knowledge Technol & Innovat Grp, Hollandseweg 1, NL-6706 KN Wageningen, Netherlands
关键词
Intermediaries; R&D support; Innovation barriers; Thin markets; Innovation finance; Innovation policy; Information asymmetries; TECHNOLOGICAL-INNOVATION; DEVELOPMENT SUBSIDIES; DEMAND ARTICULATION; PUBLIC PROCUREMENT; SOCIAL INNOVATION; RENEWABLE ENERGY; SBIR PROGRAM; POLICY; INVESTMENT; GOVERNMENT;
D O I
10.1016/j.techfore.2015.10.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
This research article explores the role of institutional innovation intermediaries in accelerating the commercialisation of (clean) technologies. Drawing on the finance and innovation intermediaries literatures, we show that financial barriers to eco-innovation can be partly overcome by particular functions of institutional innovation intermediaries; this in turn mobilises private finance along the innovation process. Therefore, we empirically evaluate the roles and instruments of institutional innovation intermediaries (innovation intermediation, policy support, public private cooperation, financial instruments). Our contribution intersects both the finance and the innovation systems literature by exploring the finance mobilisation functions of institutional innovation intermediaries to address barriers to eco-innovation along the innovation process. (C) 2015 Elsevier Inc. All rights reserved.
引用
收藏
页码:34 / 46
页数:13
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