Effective public resource allocation to escape lock-in: the case of infrastructure-dependent vehicle technologies

A. van der Vooren, F. Alkemade, M.P. Hekkert

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

A multi-stage technological substitution model of infrastructure-dependent 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.
Original languageEnglish
Pages (from-to)98-117
Number of pages20
JournalEnvironmental Innovation and Societal Transitions
Volume2
Issue numberMarch 2012
DOIs
Publication statusPublished - 2012

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