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Challenges and opportunities of decarbonization for the economic recovery post-pandemic: The question of directionality in innovation policies

dc.contributor.authorBento, Nuno
dc.contributor.authorFontes, Margarida
dc.contributor.authorBarbosa, Juliana
dc.contributor.authorMamede, Ricardo Paes
dc.date.accessioned2024-02-28T16:56:52Z
dc.date.available2024-02-28T16:56:52Z
dc.date.issued2022
dc.description.abstractABSTRACT: Countries face a double challenge of unprecedented scale consisting in drastically reducing carbon emissions in the time of a generation, while recovering the economy from the worst pandemic crisis in a century. Innovation is key in the response to this double challenge. Innovation policies are increasingly directed at achieving both goals, as governments seek opportunities for transforming the economic structure along with decarbonization. We raise the question of the effect of the direction in the success of the policies for the sustainability transition to achieve the economic transformation. We start by analyzing the processes of change in the economic structure. We identify three possible strategies of transformation: decarbonization, dematerialization and digitalization. Then we compare the evolution of the economic complexity of Portugal, which aspires to transform its economy, with that of three countries that are respectively reference in each one of the three strategies: Denmark, The Netherlands, and Ireland. Successful strategies evidence specialization in products that involve extensive and sophisticated knowledge, produced with high connectivity to other activities and with low carbon footprint. Based on these results and informed by the theory, we propose a set of conditions—related to the promotion of connectivity to growing sectors, high social return technologies and variety—that need to be aligned in the direction of the policies in order to increase their potential for transformative change.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationBento, N., Fontes, M., Barbosa, J. & Mamede, R.P. (2022). Challenges and opportunities of decarbonization for the economic recovery post-pandemic: The question of directionality in innovation policies. In: Guibentif, P., Gato, M. A. (Eds.). Entre transições: Retrospetivas – transversalidades – perspetivas (pp. 37-60). DINÂMIA’CET-Iscte. ISBN: 978-989-781-615-4pt_PT
dc.identifier.isbn978-989-781-615-4
dc.identifier.urihttp://hdl.handle.net/10400.9/4264
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherDINÂMIA’CET-Isctept_PT
dc.relation.publisherversionhttp://hdl.handle.net/10071/25305pt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectDecarbonizationpt_PT
dc.subjectEconomic evaluationpt_PT
dc.subjectInnovationpt_PT
dc.titleChallenges and opportunities of decarbonization for the economic recovery post-pandemic: The question of directionality in innovation policiespt_PT
dc.typebook part
dspace.entity.typePublication
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/3599-PPCDT/PTDC%2FGES-AMB%2F0934%2F2020/PT
oaire.citation.endPage60pt_PT
oaire.citation.startPage37pt_PT
oaire.citation.titleEntre transições: Retrospetivas – transversalidades – perspetivaspt_PT
oaire.fundingStream3599-PPCDT
person.familyNameBento
person.familyNameDuarte de Castro Fontes
person.familyNameBarbosa
person.givenNameNuno
person.givenNameMaria Margarida
person.givenNameJuliana Pacheco
person.identifiergSDXHS8AAAAJ&hl
person.identifierhttps://scholar.google.com/citations?user=_HrVqLQAAAAJ&hl=en
person.identifier.ciencia-id1B19-5AC8-66D5
person.identifier.ciencia-id4815-A124-9111
person.identifier.ciencia-idA418-DAB4-D741
person.identifier.orcid0000-0002-5923-0666
person.identifier.orcid0000-0002-2198-2061
person.identifier.orcid0000-0002-6964-8214
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsopenAccesspt_PT
rcaap.typebookPartpt_PT
relation.isAuthorOfPublication44fc83e8-e8c8-43ea-b043-e21e2600443b
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relation.isAuthorOfPublicationf6dd0887-b9f3-4877-9898-4126db3046ef
relation.isAuthorOfPublication.latestForDiscovery44fc83e8-e8c8-43ea-b043-e21e2600443b
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