TY - JOUR
T1 - Effective public resource allocation to escape lock-in
T2 - The case of infrastructure-dependent vehicle technologies
AU - van der Vooren, A.
AU - Alkemade, Floortje
AU - Hekkert, Marko P.
PY - 2012/3
Y1 - 2012/3
N2 - A multi-stage technological substitution model of infrastructuredependent vehicle technologies is developed. This is used to examine how the allocation of public, financial resources to RD&D support and infrastructure development affects the replacement of a locked-in vehicle technology by more sustainable ones. Although consumers eventually determine which vehicle technology will be successful, intervention and financial support by public agencies can affect the technological substitution process. Computer simulations provide insights into the trade-off between investing in RD&D, i.e. The creation of new technological options (variety), and investing in infrastructure development for these technologies. The paper ends with policy recommendations.
AB - A multi-stage technological substitution model of infrastructuredependent vehicle technologies is developed. This is used to examine how the allocation of public, financial resources to RD&D support and infrastructure development affects the replacement of a locked-in vehicle technology by more sustainable ones. Although consumers eventually determine which vehicle technology will be successful, intervention and financial support by public agencies can affect the technological substitution process. Computer simulations provide insights into the trade-off between investing in RD&D, i.e. The creation of new technological options (variety), and investing in infrastructure development for these technologies. The paper ends with policy recommendations.
KW - Agent-based simulation
KW - Consumer adoption
KW - Low emission vehicle technologies
KW - Sustainability
KW - Technological change
KW - Variety
UR - http://www.scopus.com/inward/record.url?scp=84865768731&partnerID=8YFLogxK
U2 - 10.1016/j.eist.2012.01.003
DO - 10.1016/j.eist.2012.01.003
M3 - Article
AN - SCOPUS:84865768731
VL - 2
SP - 98
EP - 117
JO - Environmental Innovation and Societal Transitions
JF - Environmental Innovation and Societal Transitions
SN - 2210-4224
ER -