WWWforEurope Lecture Series

What policies for ecological transition?

Powering the green innovation machine.

Reinhilde Veugelers

September 24^th, 2014, 13:15 – 15:00

WIFO, Quellenstraße 51-55, 1100 Vienna

Lecture Hall, 3^rd Floor

	© WIFO

"The 'green growth' debate is taking place in an oversimplified setting, largely disregarding the innovation factor. Technologies to mitigate climate change are being treated as given, or as emerging spontaneously, ignoring the fact that the portfolio of technologies available tomorrow depends on what is done today. This can easily lead to a misguided preference, either for subsidising the use of relatively inefficient technologies or for postponing action to later in the hope that new technologies will become available which will reduce the cost of fighting climate change. But the radical new emissions-free ‘backstop technologies’ we will need are not yet available, or else still far from the market. To foster their emergence the 'green innovation machine' must be turned on."

Reinhilde Veugelers, is a full professor in the department of management, strategy and innovation, KU Leuven, Belgium, a Senior Fellow at Bruegel and CEPR Research Fellow. She has profound experience as a policy advisor gained in the European Commission Bureau of European Policy Analysis, the ERC Scientific Council and as a member of the Innovation for Growth (i4g) Expert Group supporting the European Commission. Download the presentation

WWWforEurope Lecture Series: Reinhilde Veugelers: Coherent Innovation and Industrial Policy Favouring Socio- Ecological Transit from WIFO on Vimeo.

Commentary by Andreas Reinstaller

Senior Researcher at the Austrian Institute of Economic Research

WWWforEurope Lecture Series: Reinhilde Veugelers. Commentary by Andreas Reinstaller from WIFO on Vimeo.

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