Environmental Policies and Risk Finance in the Green Sector: Cross-country Evidence
Start-up firms play a crucial role in bringing to the market the innovations needed to move to a greener growth path. Risk finance is essential for allowing new ventures to commercialise new ideas and grow, especially in emerging sectors. Still, very little is known about the drivers and the charact...
Gespeichert in:
1. Verfasser: | |
---|---|
Weitere Verfasser: | |
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2014
|
Schriftenreihe: | OECD Science, Technology and Industry Working Papers
|
Schlagworte: | |
Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
Zusammenfassung: | Start-up firms play a crucial role in bringing to the market the innovations needed to move to a greener growth path. Risk finance is essential for allowing new ventures to commercialise new ideas and grow, especially in emerging sectors. Still, very little is known about the drivers and the characteristics of risk finance in the green sector. This paper aims to fill this gap by providing a detailed description of risk finance in the green sector across 29 OECD and BRIICS countries over the period 2005-2010 and identifying the role that policies might have in shaping high-growth investments in this sector. Results are drawn from a comprehensive deal-level database of businesses seeking financing in the green industry combined with indicators of renewable policies and government R&D expenditures. The results suggest that both supply-side policies and environmental deployment policies, designed with a long-term perspective of creating a market for environmental technologies, are associated with higher levels of risk finance relative to more short-term fiscal policies, such as tax incentives and rebates. In addition, when focusing on renewable energy generation, the results confirm the positive association of generous feed-in tariffs (FITs) with risk-finance investment. However in the solar sector excessively generous FITs tend to discourage investment |
Beschreibung: | 1 Online-Ressource (42 Seiten) 21 x 29.7cm |
DOI: | 10.1787/5jz6wn918j37-en |
Internformat
MARC
LEADER | 00000nmm a2200000zc 4500 | ||
---|---|---|---|
001 | BV047934524 | ||
003 | DE-604 | ||
005 | 00000000000000.0 | ||
007 | cr|uuu---uuuuu | ||
008 | 220413s2014 |||| o||u| ||||||eng d | ||
024 | 7 | |a 10.1787/5jz6wn918j37-en |2 doi | |
035 | |a (ZDB-13-SOC)061279013 | ||
035 | |a (OCoLC)1312708731 | ||
035 | |a (DE-599)BVBBV047934524 | ||
040 | |a DE-604 |b ger |e aacr | ||
041 | 0 | |a eng | |
049 | |a DE-384 |a DE-91 |a DE-473 |a DE-824 |a DE-29 |a DE-739 |a DE-355 |a DE-20 |a DE-1028 |a DE-1049 |a DE-188 |a DE-521 |a DE-861 |a DE-898 |a DE-92 |a DE-573 |a DE-19 | ||
100 | 1 | |a Criscuolo, Chiara |e Verfasser |4 aut | |
245 | 1 | 0 | |a Environmental Policies and Risk Finance in the Green Sector |b Cross-country Evidence |c Chiara Criscuolo and Carlo Menon = Politiques de l'environnement et financement par capital-risque dans le secteur vert : Données internationales / Chiara Criscuolo et Carlo Menon |
246 | 1 | 3 | |a Politiques de l'environnement et financement par capital-risque dans le secteur vert |
264 | 1 | |a Paris |b OECD Publishing |c 2014 | |
300 | |a 1 Online-Ressource (42 Seiten) |c 21 x 29.7cm | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
490 | 0 | |a OECD Science, Technology and Industry Working Papers | |
520 | |a Start-up firms play a crucial role in bringing to the market the innovations needed to move to a greener growth path. Risk finance is essential for allowing new ventures to commercialise new ideas and grow, especially in emerging sectors. Still, very little is known about the drivers and the characteristics of risk finance in the green sector. This paper aims to fill this gap by providing a detailed description of risk finance in the green sector across 29 OECD and BRIICS countries over the period 2005-2010 and identifying the role that policies might have in shaping high-growth investments in this sector. Results are drawn from a comprehensive deal-level database of businesses seeking financing in the green industry combined with indicators of renewable policies and government R&D expenditures. The results suggest that both supply-side policies and environmental deployment policies, designed with a long-term perspective of creating a market for environmental technologies, are associated with higher levels of risk finance relative to more short-term fiscal policies, such as tax incentives and rebates. In addition, when focusing on renewable energy generation, the results confirm the positive association of generous feed-in tariffs (FITs) with risk-finance investment. However in the solar sector excessively generous FITs tend to discourage investment | ||
650 | 4 | |a Environment | |
650 | 4 | |a Finance and Investment | |
650 | 4 | |a Science and Technology | |
700 | 1 | |a Menon, Carlo |4 ctb | |
856 | 4 | 0 | |u https://doi.org/10.1787/5jz6wn918j37-en |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
912 | |a ZDB-13-SOC | ||
999 | |a oai:aleph.bib-bvb.de:BVB01-033316018 | ||
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l UBA01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l UBG01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l UEI01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l UER01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l UPA01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l UBR01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l UBW01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l FFW01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l FNU01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l EUV01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l FRO01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l FHR01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l FHN01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l TUM01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l FHI01 |p ZDB-13-SOC |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1787/5jz6wn918j37-en |l UBM01 |p ZDB-13-SOC |x Verlag |3 Volltext |
Datensatz im Suchindex
_version_ | 1804183575343398912 |
---|---|
adam_txt | |
any_adam_object | |
any_adam_object_boolean | |
author | Criscuolo, Chiara |
author2 | Menon, Carlo |
author2_role | ctb |
author2_variant | c m cm |
author_facet | Criscuolo, Chiara Menon, Carlo |
author_role | aut |
author_sort | Criscuolo, Chiara |
author_variant | c c cc |
building | Verbundindex |
bvnumber | BV047934524 |
collection | ZDB-13-SOC |
ctrlnum | (ZDB-13-SOC)061279013 (OCoLC)1312708731 (DE-599)BVBBV047934524 |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
doi_str_mv | 10.1787/5jz6wn918j37-en |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>04435nmm a2200565zc 4500</leader><controlfield tag="001">BV047934524</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220413s2014 |||| o||u| ||||||eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/5jz6wn918j37-en</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-13-SOC)061279013</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1312708731</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047934524</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-384</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-1028</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Criscuolo, Chiara</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Environmental Policies and Risk Finance in the Green Sector</subfield><subfield code="b">Cross-country Evidence</subfield><subfield code="c">Chiara Criscuolo and Carlo Menon = Politiques de l'environnement et financement par capital-risque dans le secteur vert : Données internationales / Chiara Criscuolo et Carlo Menon</subfield></datafield><datafield tag="246" ind1="1" ind2="3"><subfield code="a">Politiques de l'environnement et financement par capital-risque dans le secteur vert</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2014</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (42 Seiten)</subfield><subfield code="c">21 x 29.7cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Science, Technology and Industry Working Papers</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Start-up firms play a crucial role in bringing to the market the innovations needed to move to a greener growth path. Risk finance is essential for allowing new ventures to commercialise new ideas and grow, especially in emerging sectors. Still, very little is known about the drivers and the characteristics of risk finance in the green sector. This paper aims to fill this gap by providing a detailed description of risk finance in the green sector across 29 OECD and BRIICS countries over the period 2005-2010 and identifying the role that policies might have in shaping high-growth investments in this sector. Results are drawn from a comprehensive deal-level database of businesses seeking financing in the green industry combined with indicators of renewable policies and government R&D expenditures. The results suggest that both supply-side policies and environmental deployment policies, designed with a long-term perspective of creating a market for environmental technologies, are associated with higher levels of risk finance relative to more short-term fiscal policies, such as tax incentives and rebates. In addition, when focusing on renewable energy generation, the results confirm the positive association of generous feed-in tariffs (FITs) with risk-finance investment. However in the solar sector excessively generous FITs tend to discourage investment</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Environment</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Finance and Investment</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Science and Technology</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Menon, Carlo</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033316018</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">UBA01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">UBG01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">UEI01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">UER01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">UPA01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">UBR01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">UBW01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">FFW01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">FNU01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">EUV01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">FRO01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">FHR01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">FHN01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">TUM01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">FHI01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1787/5jz6wn918j37-en</subfield><subfield code="l">UBM01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
id | DE-604.BV047934524 |
illustrated | Not Illustrated |
index_date | 2024-07-03T19:35:02Z |
indexdate | 2024-07-10T09:25:37Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033316018 |
oclc_num | 1312708731 |
open_access_boolean | |
owner | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
owner_facet | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
physical | 1 Online-Ressource (42 Seiten) 21 x 29.7cm |
psigel | ZDB-13-SOC |
publishDate | 2014 |
publishDateSearch | 2014 |
publishDateSort | 2014 |
publisher | OECD Publishing |
record_format | marc |
series2 | OECD Science, Technology and Industry Working Papers |
spelling | Criscuolo, Chiara Verfasser aut Environmental Policies and Risk Finance in the Green Sector Cross-country Evidence Chiara Criscuolo and Carlo Menon = Politiques de l'environnement et financement par capital-risque dans le secteur vert : Données internationales / Chiara Criscuolo et Carlo Menon Politiques de l'environnement et financement par capital-risque dans le secteur vert Paris OECD Publishing 2014 1 Online-Ressource (42 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Science, Technology and Industry Working Papers Start-up firms play a crucial role in bringing to the market the innovations needed to move to a greener growth path. Risk finance is essential for allowing new ventures to commercialise new ideas and grow, especially in emerging sectors. Still, very little is known about the drivers and the characteristics of risk finance in the green sector. This paper aims to fill this gap by providing a detailed description of risk finance in the green sector across 29 OECD and BRIICS countries over the period 2005-2010 and identifying the role that policies might have in shaping high-growth investments in this sector. Results are drawn from a comprehensive deal-level database of businesses seeking financing in the green industry combined with indicators of renewable policies and government R&D expenditures. The results suggest that both supply-side policies and environmental deployment policies, designed with a long-term perspective of creating a market for environmental technologies, are associated with higher levels of risk finance relative to more short-term fiscal policies, such as tax incentives and rebates. In addition, when focusing on renewable energy generation, the results confirm the positive association of generous feed-in tariffs (FITs) with risk-finance investment. However in the solar sector excessively generous FITs tend to discourage investment Environment Finance and Investment Science and Technology Menon, Carlo ctb https://doi.org/10.1787/5jz6wn918j37-en Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Criscuolo, Chiara Environmental Policies and Risk Finance in the Green Sector Cross-country Evidence Environment Finance and Investment Science and Technology |
title | Environmental Policies and Risk Finance in the Green Sector Cross-country Evidence |
title_alt | Politiques de l'environnement et financement par capital-risque dans le secteur vert |
title_auth | Environmental Policies and Risk Finance in the Green Sector Cross-country Evidence |
title_exact_search | Environmental Policies and Risk Finance in the Green Sector Cross-country Evidence |
title_exact_search_txtP | Environmental Policies and Risk Finance in the Green Sector Cross-country Evidence |
title_full | Environmental Policies and Risk Finance in the Green Sector Cross-country Evidence Chiara Criscuolo and Carlo Menon = Politiques de l'environnement et financement par capital-risque dans le secteur vert : Données internationales / Chiara Criscuolo et Carlo Menon |
title_fullStr | Environmental Policies and Risk Finance in the Green Sector Cross-country Evidence Chiara Criscuolo and Carlo Menon = Politiques de l'environnement et financement par capital-risque dans le secteur vert : Données internationales / Chiara Criscuolo et Carlo Menon |
title_full_unstemmed | Environmental Policies and Risk Finance in the Green Sector Cross-country Evidence Chiara Criscuolo and Carlo Menon = Politiques de l'environnement et financement par capital-risque dans le secteur vert : Données internationales / Chiara Criscuolo et Carlo Menon |
title_short | Environmental Policies and Risk Finance in the Green Sector |
title_sort | environmental policies and risk finance in the green sector cross country evidence |
title_sub | Cross-country Evidence |
topic | Environment Finance and Investment Science and Technology |
topic_facet | Environment Finance and Investment Science and Technology |
url | https://doi.org/10.1787/5jz6wn918j37-en |
work_keys_str_mv | AT criscuolochiara environmentalpoliciesandriskfinanceinthegreensectorcrosscountryevidence AT menoncarlo environmentalpoliciesandriskfinanceinthegreensectorcrosscountryevidence AT criscuolochiara politiquesdelenvironnementetfinancementparcapitalrisquedanslesecteurvert AT menoncarlo politiquesdelenvironnementetfinancementparcapitalrisquedanslesecteurvert |