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Leading the post-industrial revolution? Policy windows, issue linkage and decarbonization dynamics in the UK’s net-zero strategy (2010–2022) 引领后工业革命?英国净零排放战略(2010-2022 年)中的政策窗口、问题联系和去碳化动力
IF 2.5 4区 管理学 Q2 BUSINESS Pub Date : 2024-04-18 DOI: 10.1093/icc/dtae015
Benjamin K Sovacool, Marfuga Iskandarova, Frank W Geels
Industrial decarbonization and the net-zero climate strategy has arisen as one of the most important policy challenges of the modern era. But how do industrial decarbonization policy efforts link with other issues? The UK claims to be the first major economy in the world to posit a net-zero target. In this paper, drawn from an original qualitative dataset involving expert interviews (N = 46), site visits (N = 20), and a review of the literature, we explore ongoing policy windows and efforts to decarbonize both the Humber and Merseyside. These regions have aggressive implementation plans in place for the deployment of net-zero infrastructure, with Zero Carbon Humber and HyNet seeking billions of dollars of investment to build green and blue hydrogen facilities coupled with carbon storage networks. These two clusters are leading national net-zero ambitions, with actual, enforceable timetables to achieve decarbonization. Investigating the unfolding efforts being undertaken by these two regions to decarbonize industry offers insight into the “green gold rush” and nascent business opportunities in the so-called carbon economy, including large-scale investment of capital into the policies nominally designed to tackle climate change. Through the identification of 24 different issues linked to decarbonization, the paper also offers more conceptual depth into the interplay between policy windows and issue linkage, which coevolve and shape each other as net-zero ambitions solidify.
工业脱碳和净零气候战略已成为当代最重要的政策挑战之一。但工业去碳化政策努力如何与其他问题联系起来?英国自称是世界上第一个提出净零目标的主要经济体。在本文中,我们通过专家访谈(46 人)、实地考察(20 人)和文献综述等原始定性数据集,探讨了亨伯和默西塞德地区正在进行的政策窗口和去碳化努力。这些地区已制定了积极的实施计划来部署净零碳基础设施,其中 "零碳亨伯"(Zero Carbon Humber)和 "HyNet"(HyNet)寻求数十亿美元的投资来建设绿色和蓝色氢气设施以及碳存储网络。这两个集群正在引领国家的净零目标,并为实现脱碳制定了切实可行的时间表。对这两个地区正在进行的工业去碳化努力进行调查,有助于深入了解所谓碳经济中的 "绿色淘金热 "和新生商机,包括对名义上旨在应对气候变化的政策进行大规模资本投资。通过确定与去碳化相关的 24 个不同问题,本文还从概念上深入探讨了政策窗口与问题联系之间的相互作用,随着净零目标的巩固,这两者之间也会共同发展并相互影响。
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引用次数: 0
Robots and reshoring: a comparative study of automation, trade, and employment in Europe 机器人与再生产:欧洲自动化、贸易与就业比较研究
IF 2.5 4区 管理学 Q2 BUSINESS Pub Date : 2024-04-02 DOI: 10.1093/icc/dtae012
Chinchih Chen, Carl Benedikt Frey
This paper constitutes a comparative assessment of the impact of robots on local labor markets across eight European countries. Doing so, we find that robots generally reduce employment in the manufacturing sector, while their impacts on total employment are more ambiguous. Though local markets experienced significant employment losses in Italy, Norway, and the United Kingdom, we find no statistically significant impact of robots on employment in Germany, Sweden, Denmark, Finland, and Spain. Job losses were seemingly offset by employment gains in other sectors of the economy. We explore two mechanisms that might explain these patterns: differences in investment in complementary job-creating technologies and robot-induced reshoring. Our analysis provides some support for both mechanisms in elucidating the differential impacts of robots on jobs across space.
本文对八个欧洲国家的机器人对当地劳动力市场的影响进行了比较评估。在评估过程中,我们发现机器人普遍减少了制造业的就业人数,而对总就业人数的影响则较为模糊。虽然在意大利、挪威和英国,当地市场经历了显著的就业损失,但我们发现在德国、瑞典、丹麦、芬兰和西班牙,机器人对就业没有统计上的显著影响。就业机会的损失似乎被其他经济部门就业机会的增加所抵消。我们探讨了可能解释这些模式的两种机制:在创造就业的互补技术方面的投资差异和机器人引发的再生产。我们的分析为这两种机制提供了一些支持,以阐明机器人在不同空间对就业的不同影响。
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引用次数: 0
Non-practicing entities in Europe: an empirical analysis of patent acquisitions at the European Patent Office 欧洲的非执业实体:对欧洲专利局专利收购的实证分析
IF 2.5 4区 管理学 Q2 BUSINESS Pub Date : 2024-03-22 DOI: 10.1093/icc/dtae010
Valerio Sterzi, Cecilia Maronero, Gianluca Orsatti, Andrea Vezzulli
This paper delves into the proliferation of non-practicing entities (NPEs), a hot topic in academia and public policy, especially in the United States. The common belief is that Europe is less exposed to NPEs due to a robust patent system, higher enforcement costs, and smaller damage awards. Yet, using a new database of NPE patent applications at the European Patent Office (EPO), the study uncovers that NPEs activity in Europe is arising: they own nearly 20,000 EPO patents, primarily in Electrical Engineering. Moreover, we contribute the literature investigating the heterogeneity of the NPE business model and its relationship with the characteristics and use of the patents they target. Our econometric analysis provides threefold original evidence. First, NPEs with higher propensity for litigation (i.e., “Litigation” NPEs) acquire patents with higher infringement risk but similar technological quality than practicing entities. Second, patent aggregators (i.e., “Portfolio” NPEs) and technology companies (i.e., “Technology” NPEs) acquire higher-quality patents compared to those acquired by practicing entities. Third, patent acquisitions by “Litigation” NPEs and “Portfolio” NPEs reduce the subsequent use of protected technologies.
本文深入探讨了非执业实体(NPEs)的扩散问题,这是学术界和公共政策领域的一个热门话题,尤其是在美国。人们普遍认为,欧洲由于专利制度健全、执法成本较高以及损害赔偿额较小,因此较少受到非执业实体的影响。然而,本研究利用欧洲专利局(EPO)的一个新的非专利代理人专利申请数据库,发现非专利代理人在欧洲的活动正在兴起:他们拥有近 20,000 项欧洲专利局专利,主要集中在电气工程领域。此外,我们还对研究 NPE 商业模式的异质性及其与目标专利的特征和使用之间的关系的文献做出了贡献。我们的计量经济学分析提供了三方面的原始证据。首先,具有较高诉讼倾向的 NPE(即 "诉讼型 "NPE)获得的专利具有较高的侵权风险,但其技术质量与执业实体类似。其次,专利聚合者(即 "专利组合 "NPEs)和技术公司(即 "技术 "NPEs)获得的专利质量高于执业实体获得的专利。第三,"诉讼型 "非专利实体和 "组合型 "非专利实体获取的专利会减少受保护技术的后续使用。
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引用次数: 0
Digital disruption and market structure: the case of internet banking 数字颠覆与市场结构:互联网金融案例
IF 2.5 4区 管理学 Q2 BUSINESS Pub Date : 2024-03-21 DOI: 10.1093/icc/dtae013
Bruce Lyons, Minyan Zhu
We provide an econometric study of the adoption of internet banking, a case of a potentially disruptive digital technology which could devalue/replace an incumbent legacy. Our aim is to better understand the extent to which it disrupted the market structure where incumbents start with a strong customer base. We study both regional integration and national concentration dimensions of market structure in EU member states during the period of 1997–2018. We find that internet banking was initially introduced earlier in more concentrated markets. Although consumer uptake was slower over time than in less concentrated markets, the initial higher consumer penetration in more concentrated markets was sustained until market maturity. We further find a substantial de-concentrating effect of internet banking, and evidence of integration in previously regionalized markets following uptake.
我们对互联网银行的采用情况进行了计量经济学研究,这是一种具有潜在破坏性的数字技术,可以贬低/取代现有的传统技术。我们的目的是要更好地了解互联网金融在多大程度上扰乱了市场结构,因为在市场结构中,现有企业一开始就拥有强大的客户基础。我们研究了 1997-2018 年间欧盟成员国市场结构的区域一体化和国家集中度两个维度。我们发现,在集中度较高的市场中,互联网银行的引入时间较早。虽然随着时间的推移,消费者的吸收速度慢于集中度较低的市场,但在集中度较高的市场,最初较高的消费者渗透率一直持续到市场成熟。我们进一步发现,互联网银行业务具有显著的去集中化效应,而且有证据表明,在吸收互联网银行业务后,以前的区域化市场出现了整合。
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引用次数: 0
Heavy is the crown: CEOs’ social interactions and layoff decisions 皇冠是沉重的:首席执行官的社交互动与裁员决策
IF 2.5 4区 管理学 Q2 BUSINESS Pub Date : 2024-03-05 DOI: 10.1093/icc/dtae009
Andrea Bassanini, Eve Caroli, Kevin Geay, Antoine Reberioux
We develop a theory of non-monetary costs incurred by chief executive officers (CEOs) when deciding about layoffs and test its predictions on French data. Our results support the idea that, being embedded in their social environment, CEOs find it more difficult to fire employees closer to their own workplace. This effect is stronger whenever social interactions are less anonymous in the CEOs’ local environment. It is weaker when CEOs live further away from where they work, because of limited exposure to local discontent.
我们提出了首席执行官(CEO)在决定裁员时产生的非货币成本理论,并通过法国的数据对其预测进行了检验。我们的研究结果支持这样一种观点,即由于首席执行官身处社会环境之中,他们发现解雇离自己工作地点较近的员工更为困难。如果首席执行官在当地环境中的社会交往不那么匿名,这种效应就会更强。如果首席执行官的居住地离工作地点较远,则这种影响会减弱,因为他们对当地不满情绪的接触有限。
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引用次数: 0
Intangible assets, global value chains, and innovation: evidence from Vietnamese SMEs 无形资产、全球价值链和创新:来自越南中小企业的证据
IF 2.5 4区 管理学 Q2 BUSINESS Pub Date : 2024-02-29 DOI: 10.1093/icc/dtae011
Hung Quang Doan, Francesca Masciarelli, Valentina Meliciani
This paper studies the impact of participation in global value chains (GVCs) on innovation in Vietnamese small and medium enterprises (SMEs). We find that the Vietnamese SMEs that participate in GVCs are more likely to introduce product innovation. We also show that the likelihood of introducing product innovation for firms that participate in GVCs increases when they invest in intangible assets. These findings qualify the learning-by-participating model in GVCs by showing that the gains from GVC participation depend on a firm’s internal absorptive capacities.
本文研究了参与全球价值链对越南中小企业创新的影响。我们发现,参与全球价值链的越南中小企业更有可能进行产品创新。我们还发现,当参与全球价值链的企业投资于无形资产时,它们引进产品创新的可能性会增加。这些研究结果表明,参与全球价值链的收益取决于企业的内部吸收能力,从而验证了全球价值链中的 "参与中学习 "模式。
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引用次数: 0
A North-South Agent–Based Model of segmented labor markets: the role of education and trade asymmetries 基于代理人的南北劳动力市场分割模型:教育和贸易不对称的作用
IF 2.5 4区 管理学 Q2 BUSINESS Pub Date : 2024-02-29 DOI: 10.1093/icc/dtae007
Lucrezia Fanti, Marcelo C Pereira, Maria Enrica Virgillito
Drawing upon the labour-augmented K+S Agent-Based Model (ABM), this paper develops a two-country North-South ABM wherein the leader and the laggard country interact through the international trade of machines. The model aims to address sources of asymmetries and possible converge patterns between two economies belonging to a currency union, that are initially differentiated only in terms of the education level they are able to ensure. Education is modeled as a macro-level public policy differently targeting three levels, that is primary, secondary and tertiary. After being educated, when workers enter the labour force, they face a segmented labour market, divided into three types of qualifications and resulting functions deployed inside firms, i.e., basic, medium and advanced occupations. The three markets are heterogeneous in terms of both requested education level and minimum offered wage. We experiment with different education and trade settings. Ultimately, we are interested in understanding the coupling effects of asymmetries in education, which reverberate in segmented labour markets and differentiated growth patterns. Notably, our focus on capital-goods trade, rather than on consumption goods, allows us to investigate a direct link between productive capabilities in complex products and country growth prospects.
本文借鉴劳动力增强型 K+S 基于代理的模型(ABM),建立了一个南北两国 ABM 模型,其中领先国和落后国通过国际机器贸易进行互动。该模型旨在解决属于货币联盟的两个经济体之间的不对称来源和可能的趋同模式,这两个经济体最初仅在教育水平上存在差异。教育被视为宏观层面的公共政策,分别针对小学、中学和大学三个层次。受教育后,当工人进入劳动力市场时,他们面对的是一个细分的劳动力市场,分为三类资格和由此在企业内部产生的职能,即基础、中等和高级职业。这三个市场在要求的教育水平和最低工资方面都是异质的。我们尝试了不同的教育和行业设置。最终,我们希望了解教育不对称的耦合效应,这种效应会在细分的劳动力市场和差异化的增长模式中产生反响。值得注意的是,我们对资本货物贸易而非消费品贸易的关注,使我们能够研究复杂产品的生产能力与国家增长前景之间的直接联系。
{"title":"A North-South Agent–Based Model of segmented labor markets: the role of education and trade asymmetries","authors":"Lucrezia Fanti, Marcelo C Pereira, Maria Enrica Virgillito","doi":"10.1093/icc/dtae007","DOIUrl":"https://doi.org/10.1093/icc/dtae007","url":null,"abstract":"Drawing upon the labour-augmented K+S Agent-Based Model (ABM), this paper develops a two-country North-South ABM wherein the leader and the laggard country interact through the international trade of machines. The model aims to address sources of asymmetries and possible converge patterns between two economies belonging to a currency union, that are initially differentiated only in terms of the education level they are able to ensure. Education is modeled as a macro-level public policy differently targeting three levels, that is primary, secondary and tertiary. After being educated, when workers enter the labour force, they face a segmented labour market, divided into three types of qualifications and resulting functions deployed inside firms, i.e., basic, medium and advanced occupations. The three markets are heterogeneous in terms of both requested education level and minimum offered wage. We experiment with different education and trade settings. Ultimately, we are interested in understanding the coupling effects of asymmetries in education, which reverberate in segmented labour markets and differentiated growth patterns. Notably, our focus on capital-goods trade, rather than on consumption goods, allows us to investigate a direct link between productive capabilities in complex products and country growth prospects.","PeriodicalId":48243,"journal":{"name":"Industrial and Corporate Change","volume":"29 1","pages":""},"PeriodicalIF":2.5,"publicationDate":"2024-02-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140035495","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Hierarchical consumption preferences, redistribution, and structural transformation 分层消费偏好、再分配和结构转型
IF 2.5 4区 管理学 Q2 BUSINESS Pub Date : 2024-02-17 DOI: 10.1093/icc/dtae004
Adam Aboobaker
In low- and middle-income economies, consumption preferences are hierarchical and the production structure is dualistic. Wage demand correspondingly articulates with the domestic industrial sector in a limited fashion. Where capital accumulation is directed at this modern/industrial sector, downward redistributions are less expansionary than commonly outlined, even if capacity utilization is an adjusting variable influencing investment decisions. Insofar as economic development is underpinned by structural transformation, policies aligned with downward redistributions have important sectoral ramifications neglected in one-sector frameworks. This paper explores these and related propositions formally, drawing from the analysis of a two-sector growth and distribution model.
在中低收入经济体中,消费偏好是分等级的,生产结构是二元的。相应地,工资需求与国内工业部门的衔接是有限的。如果资本积累针对的是现代/工业部门,即使产能利用率是影响投资决策的一个调整变量,向下再分配的扩张性也比通常所描述的要小。由于经济发展的基础是结构转型,与向下再分配相一致的政策具有在单一部门框架中被忽视的重要部门影响。本文通过对双部门增长与分配模型的分析,正式探讨了上述命题及相关命题。
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引用次数: 0
Power in sovereign debt markets: debtors’ coordination for more competitive outcomes 主权债务市场的权力:债务人协调以取得更具竞争力的结果
IF 2.5 4区 管理学 Q2 BUSINESS Pub Date : 2024-01-30 DOI: 10.1093/icc/dtae008
Martin Guzman, Maia Colodenco, Wiedenbrug Anahí
Evidence suggests that sovereign debt markets are not featured by perfect competition but power dynamics are a key determinant of market outcomes such as ex-post returns on sovereign bonds. In such environment, coordination within each side of the market matters. With the purpose of influencing the international debt architecture, private creditors have historically been fairly coordinated and their interests more aligned ex-ante. Sovereign debtors, however, have not. The power asymmetry that that entails has equity and efficiency implications, both ex-ante and ex-post. This paper analyzes asymmetries in collective action of each side of the sovereign debt market and the mechanisms through which it affects market outcomes. It also analyses the Cartagena Group’s experience in the 1980s as a prominent historical case of greater borrower coordination and identifies mechanisms through which greater debtor coordination could be fostered.
有证据表明,主权债务市场并非完全竞争,但权力动态是市场结果(如主权债券的事后回报)的关键决定因素。在这种环境下,市场各方内部的协调非常重要。出于影响国际债务结构的目的,私人债权人历来都是相当协调的,他们的利益在事前更加一致。然而,主权债务人却不是这样。由此产生的权力不对称对事前和事后的公平和效率都有影响。本文分析了主权债务市场各方集体行动的不对称性及其影响市场结果的机制。本文还分析了卡塔赫纳集团在 20 世纪 80 年代的经验,将其作为加强借款人协调的一个突出历史案例,并确定了可促进债务人加强协调的机制。
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引用次数: 0
Co-evolutionary patterns of GVC-trade and knowledge flows in the mining industry: evidence from Latin America 采矿业全球价值链贸易和知识流动的共同演变模式:拉丁美洲的证据
IF 2.5 4区 管理学 Q2 BUSINESS Pub Date : 2024-01-30 DOI: 10.1093/icc/dtae002
Fabrizio Fusillo, Silvia Nenci, Carlo Pietrobelli, Francesco Quatraro
Although evolutionary economics has extensively analyzed the evolution of industries in relation to innovation and technology lifecycles, the interplay between industry lifecycles and evolutionary patterns of knowledge networks has not been fully explored yet. This work aims to bridge this gap by analyzing the co-evolutionary patterns of knowledge and trade flows in the mining industry, using social network tools in combination with the Schumpeterian tradition of analysis. The study focuses on three Latin American countries: Brazil, Chile, and Peru, where the mining sector plays a significant role in the economy, particularly in the context of energy and digital transitions. Our findings suggest that the innovation network and the global value chain-trade network display divergent co-evolutionary patterns; while the former tends to be stable and concentrated, the latter shows increasing fragmentation and turbulence. The analysis also shows remarkable evolutionary evidence at the country level.
尽管演化经济学广泛分析了与创新和技术生命周期相关的产业演化,但尚未充分探讨产业生命周期与知识网络演化模式之间的相互作用。这项工作旨在利用社会网络工具,结合熊彼特分析传统,分析采矿业知识和贸易流动的共同演化模式,从而弥补这一空白。研究重点是三个拉丁美洲国家:这些国家的采矿业在经济中发挥着重要作用,尤其是在能源和数字化转型的背景下。我们的研究结果表明,创新网络和全球价值链-贸易网络呈现出不同的共同演化模式;前者趋于稳定和集中,而后者则表现出日益分散和动荡。分析还显示了国家层面的显著演变证据。
{"title":"Co-evolutionary patterns of GVC-trade and knowledge flows in the mining industry: evidence from Latin America","authors":"Fabrizio Fusillo, Silvia Nenci, Carlo Pietrobelli, Francesco Quatraro","doi":"10.1093/icc/dtae002","DOIUrl":"https://doi.org/10.1093/icc/dtae002","url":null,"abstract":"Although evolutionary economics has extensively analyzed the evolution of industries in relation to innovation and technology lifecycles, the interplay between industry lifecycles and evolutionary patterns of knowledge networks has not been fully explored yet. This work aims to bridge this gap by analyzing the co-evolutionary patterns of knowledge and trade flows in the mining industry, using social network tools in combination with the Schumpeterian tradition of analysis. The study focuses on three Latin American countries: Brazil, Chile, and Peru, where the mining sector plays a significant role in the economy, particularly in the context of energy and digital transitions. Our findings suggest that the innovation network and the global value chain-trade network display divergent co-evolutionary patterns; while the former tends to be stable and concentrated, the latter shows increasing fragmentation and turbulence. The analysis also shows remarkable evolutionary evidence at the country level.","PeriodicalId":48243,"journal":{"name":"Industrial and Corporate Change","volume":"26 1","pages":""},"PeriodicalIF":2.5,"publicationDate":"2024-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139645179","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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Industrial and Corporate Change
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