Green windows of opportunity: latecomer development in the age of transformation toward sustainability
提出绿色机会窗口概念,强调制度变革为后发者创造新机遇,分析新兴经济体在全球绿色转型中的角色,并以可再生能源行业为例探讨其影响。
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.