Green windows of opportunity: Latecomer development in the age of transformation toward sustainability

Rasmus Lema, Xiaolan Fu, Roberta Rabellotti

Research output: Contribution to journalArticlepeer-review

68 Citations (Scopus)

Abstract

The world is in the early stages of a paradigm transition toward a global green economy. In this article, we propose the notion of green windows of opportunity, highlighting the importance of institutional changes in the creation of new opportunities for latecomer development. We emphasize how demand and mission-guided technical change influence the directionality of latecomer development and highlight the important role emerging economies may attain in the global green transformation. We provide important insights regarding opportunities for green development in emerging economies, how these opportunities emerge in different renewable energy sectors and their implications for the global green economy.

Original languageEnglish
Pages (from-to)1193-1209
Number of pages17
JournalIndustrial and Corporate Change
Volume29
Issue number5
DOIs
Publication statusPublished - 1 Oct 2020
Externally publishedYes

ASJC Scopus subject areas

  • Economics and Econometrics

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