Author： Nijkamp Peter Rodenburg Caroline A. Verhoef Erik T.
Publisher： Inderscience Publishers
ISSN： 1466-2132
Source： International Journal of Environmental Technology and Management, Vol.1, Iss.1-2, 2003-07, pp. : 87-103
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Abstract
This paper discusses the adoption and diffusion of environmentally friendly technologies among firms from a micro-economics perspective. First, some theoretical backgrounds are given on issues like the process of the development and adoption of environmentally friendly innovations, the adoption of new technology in a market equilibrium, and general market failures which influence the working of the market in a situation of market equilibrium. Next, we discuss possible policy instruments to stimulate the adoption process. Finally, we provide some empirical evidence on investments in environmentally friendly technology, based on a recent survey held in The Netherlands.
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