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dc.rights.licenseCC-BY-NC-ND
dc.contributor.advisorGyöngyösi, Győző
dc.contributor.authorHadžič, Aner
dc.date.accessioned2025-08-07T00:02:32Z
dc.date.available2025-08-07T00:02:32Z
dc.date.issued2025
dc.identifier.urihttps://studenttheses.uu.nl/handle/20.500.12932/49592
dc.description.abstractNowadays, the world is heading in the direction of decarbonization and adoption of renewable energy sources. As such, it is crucial to evaluate the commonly used policy tools designed to stimulate innovation in renewable energy technologies. This paper, therefore, examines the impact of various policy measures on renewable energy innovation in the European Union. Using the Poisson pseudo maximum likelihood model and measuring innovation as the number of patent citations, the analysis estimates the significance and magnitude of individual policies and policy mixes, while taking into account potential confounding factors. My thesis shows that the EU’s needs for stimulating renewable energy innovation are best met by introducing feed-in schemes and increasing renewable energy R&D budget while highlighting the region’s lowered responsiveness to environmental policies compared to other OECD countries in the past. These EU-specific findings offer important policy implications for designing the most impactful measures tailored for the European context.
dc.description.sponsorshipUtrecht University
dc.language.isoEN
dc.subjectUsing PPML model to examine which environmental policies in the EU are the most effective at stimulating renewable energy innovation. Innovation is measured by the number of citations.
dc.titleWhich EU Policies Are the Most Effective at Inducing Renewable Energy Innovation?
dc.type.contentMaster Thesis
dc.rights.accessrightsOpen Access
dc.subject.courseuuSustainable Finance and Investments
dc.thesis.id50350


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