Knowledge spillovers from clean and emerging technologies in the UK | Dennis Verhoeven - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/dennis-verhoeven-grantham-workshop\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Knowledge spillovers from clean and emerging technologies in the UK | Dennis Verhoeven - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"Dennis Verhoeven is an LSE Associate with CEP, but based at KU Leuven in Belgium.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/dennis-verhoeven-grantham-workshop\/\" \/>\n<meta property=\"og:site_name\" content=\"Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-14T11:08:34+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/dennis-verhoeven-grantham-workshop\\\/\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/events\\\/dennis-verhoeven-grantham-workshop\\\/\",\"name\":\"Knowledge spillovers from clean and emerging technologies in the UK | Dennis Verhoeven - 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{"id":61880,"date":"2022-09-30T10:46:40","date_gmt":"2022-09-30T09:46:40","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=event&p=61880"},"modified":"2024-08-14T12:08:34","modified_gmt":"2024-08-14T11:08:34","slug":"dennis-verhoeven-grantham-workshop","status":"publish","type":"event","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/dennis-verhoeven-grantham-workshop\/","title":{"rendered":"Knowledge spillovers from clean and emerging technologies in the UK | Dennis Verhoeven"},"content":{"rendered":"\n

Dennis Verhoeven is an LSE Associate with CEP, but based at KU Leuven in Belgium. Dennis will be discussing the paper Knowledge Spillovers from Clean and Emerging Technologies in the UK<\/em>.<\/p>\n\n\n\n

Abstract<\/strong><\/p>\n\n\n\n

The UK government has committed to increase R&D support for clean technologies in an effort to meet its net-zero target by 2050. The opportunity cost of such programs crucially depends on the value of knowledge spillovers that accrue from clean relative to other (emerging) technologies. Using patent information to measure the value of direct and indirect knowledge spillovers, we derive estimates for the expected economic returns of subsidising a particular technology field. Our method allows comparing fields by the returns a hypothetical additional subsidy would have generated within the UK or globally. Clean technologies are top-ranked in terms of within-UK returns, with Tidal and Offshore Wind showing particularly high returns. In terms of global returns, emerging technologies such as Wireless, as well as Electrical Engineering outperform Clean by a small margin. We also find that cross-border knowledge spillovers are important for all technology fields, with global return rates over ten times larger than within-UK ones. In sum, our results suggest that the opportunity cost of R&D support programs for clean innovation in the UK is low at worst.<\/p>\n\n\n\n

Grantham Workshops are only open to LSE researchers and alumni. If you wish to attend the workshop in person or online please sign up to our workshop mailing list.<\/a><\/strong><\/p>\n\n","protected":false},"excerpt":{"rendered":"\n