Description
Book SynopsisJohn Scott develops, describes, and uses new primary data about US industrial firms' research and development (R&D) investments to create innovative products and processes that provide goods and services without the by-product of pollution. New knowledge about environmental R&D is provided by original surveys of industry from 1993 and 2001. The R&D and other firm data are juxtaposed with US Census industry data and with US Environmental Protection Agency data about industrial toxic releases. This book presents hypothesis tests that provide evidence supporting the use of public policies - described in the book - to stimulate industry to use its creative powers to improve environmental performance.
Economists and policy makers in the areas of industrial organization, technological change, the economics of R&D and the environment including policy toward R&D and technology; as well as corporate officers of R&D and environmental affairs will find this volume indispensable.
Trade Review'The theoretical and econometrical works presented by the author really brings original and relevant insights on the determinants of environmental R&D and on the role of public regulation.' -- Vanessa Oltra, Journal of Evolutionary Economics
'Scott's study is significant . . . for anyone interested in a solid study examining the role of R&D investments and environmental quality, this is well worth the effort.' -- Deborah Lee, Business Information Alert
'By looking carefully at environmental R&D in industry, John Scott focusses on one of the hard questions in environmental policy - how to shift private investment decisions towards outcomes that are more desirable from the perspective of promoting public goods, in this instance clean air. This is the analytic puzzle that stands at the heart of the challenge of sustainable development. The plausible conclusion is that the promotion of environmental R&D in industry may be one of the most promising avenues of public policy in support of sustainable development.' -- Konrad von Moltke, International Institute for Sustainable Development, Winnipeg, Canada
'John Scott's imaginative and well-written book makes an important contribution to both the industrial organization and environmental economics literatures. The book contains a nice theoretical development of the hypotheses to be tested, interesting empirical results with a unique data base, and important policy conclusions - in short, something for everyone.' -- Dennis C. Mueller, University of Vienna, Austria
Table of ContentsContents: Preface 1. A Lesson from History 2. Hazardous Industrial Chemicals 3. A Survey of Industry 4. The Industrial R&D Response 5. A Theoretical Model 6. The Hypothesis Tests 7. Cooperative R&D 8. Environmental R&D, Emissions, and Policy Glossary for Variables References Appendices Index
