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<p>This study investigates the role of environmental policies and regulations in mitigating climate change by promoting clean innovations and discouraging dirty ones. Utilizing nonparametric copula and quantile estimation techniques, along with carefully constructed innovation variables based on patents from 2000 to 2021 across 34 countries, the research examines the effects of policy interventions and external events on energy-related innovations. Findings reveal that climate policy interventions effectively promote clean innovation, particularly at higher levels, and discourage dirty innovations. Therefore, climate change policies and regulations are crucial in achieving net-zero carbon emission targets.</p>
</abstract>

This study investigates the role of environmental policies and regulations in mitigating climate change by promoting clean innovations and discouraging dirty ones. Utilizing nonparametric copula and quantile estimation techniques, along with carefully constructed innovation variables based on patents from 2000 to 2021 across 34 countries, the research examines the effects of policy interventions and external events on energy-related innovations. Findings reveal that climate policy interventions effectively promote clean innovation, particularly at higher levels, and discourage dirty innovations. Therefore, climate change policies and regulations are crucial in achieving net-zero carbon emission targets.

On the Impact of Climate Change Policies on the Clean Technology Innovation: Evidence from Patent Data Analysis

Department of Economics and Business Analytics

Environmental and Climate Technologies

This work is licensed under the Creative Commons Attribution 4.0 International License.

This study investigates the role of environmental policies and regulations in mitigating climate change by promoting clean innovations and discouraging dirty...

On the Impact of Climate Change Policies on the Clean Technology Innovation: Evidence from Patent Data Analysis

Published Online: Dec 02, 2023

Page range: 850 - 863

Received: Jan 04, 2023

Accepted: Nov 11, 2023

DOI: https://doi.org/10.2478/rtuect-2023-0062

Keywords
Clean and dirty innovation, climate change, climate change mitigation policies, copula, environmental policy, nonparametric dependence test, nonparametric quantile regression, sustainable development

© 2023 Mehmet Balcilar et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

On the Impact of Climate Change Policies on the Clean Technology Innovation: Evidence from Patent Data Analysis

Published Online: Dec 02, 2023

Page range: 850 - 863

Received: Jan 04, 2023

Accepted: Nov 11, 2023

DOI: https://doi.org/10.2478/rtuect-2023-0062

KeywordsClean and dirty innovation, climate change, climate change mitigation policies, copula, environmental policy, nonparametric dependence test, nonparametric quantile regression, sustainable development

© 2023 Mehmet Balcilar et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Clean and dirty innovation, climate change, climate change mitigation policies, copula, environmental policy, nonparametric dependence test, nonparametric quantile regression, sustainable development