Technology innovation & green policy in Korea

The new growth engine in the 21stcentury depends on an innovative system to create, distribute and apply knowledge to industrialization processes. The industrial technology has been developed rapidly with the progress of knowledge based information in the last decade. In this point of view a cooperative partnership between industry and academy becomes much more important and necessary. Strategically fostering such cooperations and promoting rapid technology development have been reached with industrial clusterization in the last 20 years in Korea. --

Innovative Green Technology for Sustainable Industrial Estate Development

Sustainable industrial development requires a balance between economic growth, equity and environment. Two major components of industrial development are energy and raw materials. To minimize the environmental impacts of energy and raw materials, important steps are required to deal with the green economy and global warming issues. The use of innovation technology to industrial gas emission is a preventive solution facing global warming. A research has been done in Industrial Estate in Cilegon (IEC) Banten province, Indonesia, to see how to reduce energy demand and encourage uses of more environmentally-friendly energy in the estate. Fossil energy needs in the industrial estate were analyzed to see the opportunities of energy saving and renewable energy development. The target to be achieved is to reduce the greenhouse gas emissions and improve the energy efficiency in the industrial park

Some Simulation Results for a Green Insurance Mechanism

This analysis extends previous work on green insurance by proposing a mechanism that offers a stronger adoption incentive and is applicable to heterogeneous populations and non-binary adoption decisions. Endogenous learning about the new technology is incorporated, and empirically calibrated simulation results are presented for the case of reduced-phosphorus dairy diets. Results show that the mechanism has a significant impact on behavior and may incur no net cost for the regulator when an insurance premium is charged. Conditions under which a green payment mechanism may be preferable to green insurance also are discussed.conservation technology adoption, dairy farming, endogenous learning, green insurance, phosphorus, risk preferences, voluntary programs, Environmental Economics and Policy,

Green Technology Transfers and Border Tax Adjustments

We develop a two-country general equilibrium model of foreign assistance tied to environmental clean-up in the presence of transboundary pollution. The recipient country generates pollution as a by-product in the production of a ‘dirty’ good, which it consumes as well as exports to the donor country. In contrast to the literature which typically treats aid as a monetary transfer, we assume that foreign aid consists in a transfer of environmental technology that lowers the cost of public clean-up in the recipient country. We highlight the fact that the marginal propensities to consume the polluting good in the donor and recipient countries are driving the terms of trade effect at work in our model. The environmental and welfare outcomes are influenced by the direct, terms of trade and abatement effects of the transfer. We show that such tied aid may be Pareto improving if the clean-up effect of the foreign aid is strong enough to compensate for the donor’s monetary and terms of trade losses. We finally analyze the effects of the green transfer combined with an appropriate border tax adjustment. Contrary to intuition, we find that green technology transfers and border tax adjustments are not complements.

Socio-technical transitions towards environmental sustainability through green ICT

We adopt the broad conceptualisation of Green Information Communication Technology (ICT) used by the Organisation for Economic Cooperation and Development (OECD), incorporating perspectives on Information Technology (IT) and Information Systems (IS) which has currency with both business practitioners and policy makers. The objective of our research is to develop a theory of the institutional mechanisms that underpin socio-technical transitions to environmental sustainability through the direct, indirect and systematic effects of Green ICT in and across organisational fields. We construct our theory by drawing on published research in several disciplines focusing on the organisational field of the ICT industry. We present a mechanism-based theoretical model that explains how institutional change in organisational fields can evoke appropriate socio-technical transitions and organisational responses to Green ICT. Systems researchers agree that Green ICT can help lower GHG emissions directly, through energy efficiencies and indirectly by enabling environmentally sustainable business processes. If this research is to be of theoretical or practical relevance it must recognize that government organizations and business enterprises may not adopt policies and strategies on Green ICT because it is rational or moral to do so rather, a web of social, and institutional mechanisms interact to produce the outcomes observed in practice

Green management and green technology - exploring the causal relationship

In this paper, we analyze potential endogeneity problems in former econometric studies which regress corporate environmental performance such as green technology activities on green management. Based on evolutionary theory and the resource-based view of the firm, we discuss in the first step that green technology could also influence green management and that unobserved firm characteristics could simultaneously influence green management and green technology. Contrary to existing studies, we empirically explore in the second step the structural reverse causality hypothesis with a unique crosssectional firm-level data set from the German manufacturing sector. Our econometric analyses with uni- and multivariate probit models imply a significantly positive effect of environmental process innovations on certified environmental management systems and a significantly positive impact of environmental product innovations on life cycle assessment activities. We interpret these empirical results as a further indicator that the causal relationship between green management and green technology is not clear. We conclude that panel data, which are not available for technological environmental innovations yet, are a necessary condition to solve these endogeneity problems. Such panel data studies could therefore be an appropriate basis for robust conclusions with regard to voluntary green management measures as a non-mandatory approach in environmental policy. --Non-mandatory environmental policy,green management,green technology,uni- and multivariate probit models,endogeneity

Green Technology in Developing Countries: Creating Accessibility Through a Global Exchange Forum

As they pursue economic development, developing countries possess high demand for processes and technologies that have climate-friendly methods or alternatives. However, these nations currently face barriers to entry because of trade policies and intellectual property regulations that render procurement of these technologies cost-prohibitive. In light of the recent breakdown in negotiations at the United Nations climate conference in Bali to remove tariffs on green technology, a new approach to green technology diffusion should be considered in order to balance the demand among developing nations for fluid technology transfers with the profit-driven needs and intellectual property considerations of technology holders. A potential solution to overcome the high fixed costs of technology diffusion could involve the creation of a global exchange forum in which transnational green technology holders, green venture capitalists, and developing country entrepreneurs could broker for efficient allocation of investment, resources, and technologies

An investigation of surface albedo variations during the recent sahel drought

Applications Technology Satellite 3 green sensor data were used to measure surface reflectance variations in the Sahara/Sahel during the recent drought period; 1967 to 1974. The magnitude of the seasonal reflectance change is shown to be as much as 80% for years of normal precipitation and less than 50% for drought years. Year to year comparisons during both wet and dry seasons reveal the existence of a surface reflectance cycle coincident with the drought intensity. The relationship between the green reflectance and solar albedo is examined and estimated to be about 0.6 times the reflectance change observed by the green channel