Abstract
Do public funders and private investors foster sustainable innovators? The global research and development expenditures grow faster than income, inventions are patented even faster and the venture capital growth rate for market introduction of innovations is even higher. All these activities involve risky private investments, but some costs and risks are covered with public funding. The private funding of sustainable innovations is high compared to all innovations. A higher policy support of sustainable innovations compared to all innovations could also be expected because these serve social priorities, but it is not in the Netherlands and possibly in other countries. When opinions of the interest groups in sustainable innovations about policy diverge, policymaking is at risk because interests can object it. Interviews with the sustainable innovators and sustainable investors underpin this argument. Co-operative models in financing reduce the innovators’ and investors’ risks.
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Krozer, Y. (2016). Sustainable Investors and Innovators. In: Theory and Practices on Innovating for Sustainable Development. Springer, Cham. https://doi.org/10.1007/978-3-319-18636-8_10
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DOI: https://doi.org/10.1007/978-3-319-18636-8_10
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