Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Egg-timer session: Sustainable development and technological change Location: Auditorium H Session Chair: Alessio D'Amato, Università degli Studi di Napoli "Parthenope" | |
| Presentation 3 | |
Economic value and inter-technology spillovers of climate change adaptation technologies – A patent analysis University of Vaasa, Finland Communities and economies have an increasing need for climate change adaptation technologies to cope with changing climate and extreme weather events. While inventions and innovation activities that target emission abatement have been extensively studied, we know very little about the characteristics of innovation activities in climate change adaptation. This study examines granted climate change adaptation patents filed at the USPTO from 1976 to 2020 and compares their characteristics to climate change mitigation technology patents and other patents. The study analyzes patents’ social and private economic value as well as inter-technology knowledge spillovers. Empirical findings show that climate change adaptation patents are cited more often, but not more broadly, than climate change mitigation patents or non-green patents. Adaptation patents also have larger patent families indicating a higher private value of these inventions. However, these characteristics do not translate into a higher stock market valuation. | |
