|Title||Addressing barriers to eco-innovation: Exploring the finance mobilisation functions of institutional innovation intermediaries|
|Author(s)||Polzin, Friedemann; Flotow, Paschen von; Klerkx, L.W.A.|
|Source||Technological Forecasting and Social Change 103 (2016). - ISSN 0040-1625 - p. 34 - 46.|
Knowledge Technology and Innovation
|Publication type||Refereed Article in a scientific journal|
|Abstract||This research article explores the role of institutional innovation intermediaries in accelerating the commercialisation of (clean) technologies. Drawing on the finance and innovation intermediaries literatures, we show that financial barriers to eco-innovation can be partly overcome by particular functions of institutional
innovation intermediaries; this in turn mobilises private finance along the innovation process. Therefore, we empirically evaluate the roles and instruments of institutional innovation intermediaries (innovation intermediation, policy support, public–private cooperation, financial instruments). Our contribution intersects both the finance and the innovation systems literature by exploring the finance mobilisation functions of institutional innovation intermediaries to address barriers to eco-innovation along the innovation process.