Related papers: Determinants of the Pace of Global Innovation in E…
In the global competition, companies are propelled by an immense pressure to innovate. The trend to produce more new knowledge-intensive products or services and the rapid progress of information technologies arouse huge interest on…
The process of technological change can be regarded as a non-deterministic system governed by factors of a cumulative nature that generate cyclical phenomena. In this context, the process of growth and decline of technology can be…
Forecasting innovation, intended as the emergence of new technological combinations, is a fundamental challenge for science and policy. We show that forthcoming combinations leave an early trace in the collective language of patents, with…
The goal of this research is to uncover the channels through which research and development (R&D) impacts economic growth in developing countries. The study employed nine variables from three broader categories in the World Economic Forum…
Modern society's reliance on power systems is at risk from the escalating effects of wind-related climate change. Yet, failure to identify the intricate relationship between wind-related climate risks and power systems could lead to serious…
Via the Internet, information scientists can obtain cost-free access to large databases in the hidden or deep web. These databases are often structured far more than the Internet domains themselves. The patent database of the U.S. Patent…
Can sustained open-ended technological progress preserve natural resources in a finite planet? We address this question on the basis of a stylized model with genuine open-ended technological innovation, where an innovation event corresponds…
We examine the computational energy requirements of different systems driven by the geometrical scaling law, and increasing use of Artificial Intelligence or Machine Learning (AI-ML) over the last decade. With more scientific and technology…
New ideas are often thought to arise from recombining existing knowledge. Yet despite rapid publication growth - and expanding opportunities for recombination - scientific breakthroughs remain rare. This gap between productivity and…
Thanks to rapid development of artificial intelligence technology in recent years, the current artificial intelligence technology is contributing to many part of society. Education, environment, medical care, military, tourism, economy,…
The electricity market, which was initially designed for dispatchable power plants and inflexible demand, is being increasingly challenged by new trends, such as the high penetration of intermittent renewables and the transformation of the…
Artificial intelligence (AI) has become a crucial instrument for streamlining processes in various industries, including electrical power systems, as a result of recent digitalization. Algorithms for artificial intelligence are data-driven…
Despite many decades of research, economically grounded models that analyse energy consumption and energy-efficiency adoption within a unified framework remain underdeveloped. This article addresses this gap by proposing a model of…
In this perspective, we introduce recent research into the structure and function of complex investor networks supporting sustainability efforts. Using the case of solar, wind and hydro energy technologies, this perspective explores the…
Assessing the effects of the energy transition and liberalization of energy markets on resource adequacy is an increasingly important and demanding task. The rising complexity in energy systems requires adequate methods for energy system…
The energy transition is profoundly reshaping electricity market dynamics. It makes it essential to understand how renewable energy generation actually impacts electricity prices, among all other market drivers. These insights are critical…
Electrochemical energy storage is central to modern society -- from consumer electronics to electrified transportation and the power grid. It is no longer just a convenience but a critical enabler of the transition to a resilient,…
It has been suggested that innovations occur mainly by combination: the more inventions accumulate, the higher the probability that new inventions are obtained from previous designs. Additionally, it has been conjectured that the…
The purpose of this paper is to focus on similarity and/or heterogeneity of taxonomies of innovation present in the economic fields to show as the economic literature uses different names to indicate the same type of technical change and…
We analyse the bipartite dynamic network of inventors and patents registered within the main area of electrical engineering in Germany to explore the driving forces behind innovation. The data at hand leads to a bipartite network, where an…