Why Denmark Outperforms the World In Cleantech

Cleantech Investing

The Council on Foreign Relations blog has published an article examining the ways in which Denmark outperforms the world in cleantech.

The Council on Foreign Relations blog has published an article examining the ways in which Denmark outperforms the world in cleantech.
According to the article:

In Part 1 of this series, we posed a puzzle: why has Denmark had more success at clean tech innovation than its neighbor, Sweden? Neither demand-pull conditions, which provide a sales environment that invites innovation, nor technology-push factors, which directly support technology research, development, and demonstration, appears to favor Denmark over Sweden. Both countries have similar environmental policies and environmentally conscious populaces, and Sweden has actually been more successful than Denmark in inducing other forms of innovation, especially in information and communications technology (ICT). But Denmark leads by a substantial margin in patents for climate change mitigation and the commercialization of eco-friendly technology. What explains Denmark’s outperformance in cleantech?
As the nations of the world convened in Paris last week to conclude an accord on climate change, cleantech innovation emerged as a priority. Bill Gates and 27 other billionaire investors pledged to ramp up cleantech funding for emerging technologies, and 20 countries including the United States, India, and China signed on to the “Mission Innovation” pledge to double their funding for cleantech research. As many begin chasing after capital, it becomes even more paramount for countries to figure out how to provide the best environment for a cleantech sector to thrive.

 
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