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

Bento, Nuno; Fontes, Margarida; Barbosa, Juliana; Mamede, Ricardo Paes

Publication

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

2022Book part

dc.contributor.author	Bento, Nuno
dc.contributor.author	Fontes, Margarida
dc.contributor.author	Barbosa, Juliana
dc.contributor.author	Mamede, Ricardo Paes
dc.date.accessioned	2024-02-28T16:56:52Z
dc.date.available	2024-02-28T16:56:52Z
dc.date.issued	2022
dc.description.abstract	ABSTRACT: 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.version	info:eu-repo/semantics/publishedVersion	pt_PT
dc.identifier.citation	Bento, 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: 978-989-781-615-4	pt_PT
dc.identifier.isbn	978-989-781-615-4
dc.identifier.uri	http://hdl.handle.net/10400.9/4264
dc.language.iso	eng	pt_PT
dc.peerreviewed	yes	pt_PT
dc.publisher	DINÂMIA’CET-Iscte	pt_PT
dc.relation.publisherversion	http://hdl.handle.net/10071/25305	pt_PT
dc.rights.uri	http://creativecommons.org/licenses/by/4.0/	pt_PT
dc.subject	Decarbonization	pt_PT
dc.subject	Economic evaluation	pt_PT
dc.subject	Innovation	pt_PT
dc.title	Challenges and opportunities of decarbonization for the economic recovery post-pandemic: The question of directionality in innovation policies	pt_PT
dc.type	book part
dspace.entity.type	Publication
oaire.awardURI	info:eu-repo/grantAgreement/FCT/3599-PPCDT/PTDC%2FGES-AMB%2F0934%2F2020/PT
oaire.citation.endPage	60	pt_PT
oaire.citation.startPage	37	pt_PT
oaire.citation.title	Entre transições: Retrospetivas – transversalidades – perspetivas	pt_PT
oaire.fundingStream	3599-PPCDT
person.familyName	Bento
person.familyName	Duarte de Castro Fontes
person.familyName	Barbosa
person.givenName	Nuno
person.givenName	Maria Margarida
person.givenName	Juliana Pacheco
person.identifier	gSDXHS8AAAAJ&hl
person.identifier	https://scholar.google.com/citations?user=_HrVqLQAAAAJ&hl=en
person.identifier.ciencia-id	1B19-5AC8-66D5
person.identifier.ciencia-id	4815-A124-9111
person.identifier.ciencia-id	A418-DAB4-D741
person.identifier.orcid	0000-0002-5923-0666
person.identifier.orcid	0000-0002-2198-2061
person.identifier.orcid	0000-0002-6964-8214
project.funder.identifier	http://doi.org/10.13039/501100001871
project.funder.name	Fundação para a Ciência e a Tecnologia
rcaap.rights	openAccess	pt_PT
rcaap.type	bookPart	pt_PT
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