Diffusion of shared goods in consumer coalitions. An agent-based model

This paper focuses on the process of coalition formation conditioning the common decision to adopt a shared good, which cannot be afforded by an average single consumer and whose use cannot be exhausted by any single consumer. An agent based model is developed to study the interplay between these two processes: coalition formation and diffusion of shared goods. Coalition formation is modelled in an evolutionary game theoretic setting, while adoption uses elements from both the Bass and the threshold models. Coalitions formation sets the conditions for adoption, while diffusion influences the consequent formation of coalitions. Results show that both coalitions and diffusion are subject to network effects and have an impact on the information flow though the population of consumers. Large coalitions are preferred over small ones since individual cost is lower, although it increases if higher quantities are purchased collectively. The paper concludes by connecting the model conceptualisation to the on-going discussion of diffusion of sustainable goods, discussing related policy implications

EU energy technology trade: Import and export

This report analyses the EU trade in low-carbon energy technologies. It shows commercial exchanges with countries outside the EU as well as trade within the EU at the level of individual Member States. Trade performances vary in relation to sectors: for some technologies the EU has a positive trade balance, while in others the EU needs to import from abroad.JRC.C.7-Knowledge for the Energy Unio

Venture Capital Financing and Green Patenting

This paper explores the role of green innovation in attracting venture capital (VC) financing. We use a unique dataset that matches information on equity transactions, companies’ balance sheet variables and data on patented innovation at the firm level over the period 2008–2017. Taking advance of a novel granular definition of green innovative activities that tracks patents at the firm level, we show that green innovators are more likely to receive VC funding compared to other equity financing than firms without green patents. Likewise, a larger share of green vs. non-green patents in a firm’s patent portfolio increases the probability of receiving VC finance with respect to other equity. Robustness checks and extensions tackling several dimensions of heterogeneity confirm the attractiveness of green patenting for VC investment

Materials dependencies for dual-use technologies relevant to Europe's defence sector

In order to support the European Commission in the preparation of future initiatives fostering the sustainability of strategic supply chains, this study was commissioned to assess bottlenecks in the supply of materials needed for the development of technologies important to Europe's defence and civil industries. The study focuses on five dual-use technology areas, namely advanced batteries, fuel cells, robotics, unmanned vehicles and additive manufacturing (3D printing). The technologies are preselected on the basis of a previous study (EASME, 2017) that explored the dual-use potential of key enabling technologies in which Europe should strategically invest. In addition, this report examines how these technologies could address specific military needs and their differences in relation to civil needs and identified opportunities for future defence research areas that could potentially serve as a basis for the design of research initiatives to be funded under the future European Defence Fund. Moreover, potential opportunities for common policy actions are also identified, notably: to strengthen Europe's position in the selected technologies’ supply chains; to facilitate collaboration between stakeholders; to increase industry involvement with special emphasis on small and medium-sized enterprises; to improve existent legislation; and increase synergies between civil and defence sectors in order to speed up progress in promising research areas.JRC.C.7-Knowledge for the Energy Unio

Materials dependencies for dual-use technologies relevant to Europe's defence sector

To support the European Commission in the preparation of future initiatives fostering the sustainability of strategic supply chains, this study was commissioned to assess bottlenecks in the supply of materials needed for the development of technologies important to Europe's defence and civil industries. The study focuses on five dual-use technology areas, namely advanced batteries, fuel cells, robotics, unmanned vehicles and additive manufacturing (3D printing). This report examines how these technologies could address specific military needs and their differences in relation to civil needs and identified opportunities for future defence research areas that could potentially serve as a basis for the design of research initiatives to be funded under the future European Defence Fund. Moreover, potential opportunities for common policy actions are also identified, notably: to strengthen Europe's position along the selected technologies’ supply chains, to facilitate collaboration between stakeholders, to increase industry involvement with special emphasis on SMEs, to improve existent legislation and increase synergies between civil and defence sectors to speed up progress in promising research areas.JRC.C.7-Knowledge for the Energy Unio

Energy R&I financing and patenting trends in the EU: Country dashboards 2017 edition

The report monitors the progress made by EU Member States concerning two key indicators identified in the Integrated Strategic Energy Technology Plan Communication, namely the level investment in R&I (by both the public and private sector) and trends in patents. To do so, a collection of country dashboards are presented containing the relevant information, summarised for each EU Member State and SET Plan action, providing a quick overview of each EU Member State within the European framework. The information presented is produced according to the JRC in-house methodology for monitoring R&I in Low Carbon Energy Technologies and is consistent with the R&I indicators included in the 3rd State of the Energy Union Report.JRC.C.7-Knowledge for the Energy Unio

Regional performance in the Research, Innovation and Competitiveness Priorities of the Energy Union

The Energy Union is one of the 10 political priorities of the current Commission; and comprises five closely interlinked dimensions, the fifth of which addresses research, innovation and competitiveness (RIC). Trends in patents are among the key performance indicators monitored annually to evaluate the contribution of the European Strategic Energy Technology Plan (SET Plan) to the objectives of the Energy Union in a quantifiable way, as part of the reporting on the State of the Energy Union. At regional level, the Commission has called on the relevant authorities to develop smart specialisation strategies for research and innovation, encouraging all European regions to identify their areas of competitive advantage, where research and innovation investment under cohesion policy could be prioritised. This document provides an overview of regional performance in the Research, Innovation and Competitiveness Priorities of the Energy Union through maps.JRC.C.7-Knowledge for the Energy Unio

China: Challenges and Prospects from an Industrial and Innovation Powerhouse

China is rapidly becoming a major industrial competitor in high tech and growth sectors. Its economic success and related industrial policies have received a high degree of attention, especially in light of its capacity to challenge the leading position of advanced economies in several fields. China aims, through the 'Made in China 2025' strategy, to become a world leader in key industrial sectors. In these sectors, it strives to strengthen its domestic innovation capacity, to reduce its reliance on foreign technologies while moving up in global value chains. This report analyses China's approach to attain a dominant position in international markets through a combination of industrial, R&I, trade and foreign direct investment policies. It offers an assessment of China's current position compared to the EU and US innovation systems across a range of dimensions. It concludes that China has become a major industrial competitor in several rapidly expanding high tech sectors, which may well result in attaining China's goal of becoming an innovation leader in specific areas. As a response, the EU will need to boost its industrial and R&I performance and develop a trade policy that can ensure a level playing field for EU companies in China and for Chinese companies in the EU.JRC.B.7-Knowledge for Finance, Innovation and Growt

The future of road transport

A perfect storm of new technologies and new business models is transforming not only our vehicles, but everything about how we get around, and how we live our lives. The JRC report “The future of road transport - Implications of automated, connected, low-carbon and shared mobility” looks at some main enablers of the transformation of road transport, such as data governance, infrastructures, communication technologies and cybersecurity, and legislation. It discusses the potential impacts on the economy, employment and skills, energy use and emissions, the sustainability of raw materials, democracy, privacy and social fairness, as well as on the urban context. It shows how the massive changes on the horizon represent an opportunity to move towards a transport system that is more efficient, safer, less polluting and more accessible to larger parts of society than the current one centred on car ownership. However, new transport technologies, on their own, won't spontaneously make our lives better without upgrading our transport systems and policies to the 21st century. The improvement of governance and the development of innovative mobility solutions will be crucial to ensure that the future of transport is cleaner and more equitable than its car-centred present.JRC.C.4-Sustainable Transpor