A rise in uncertainty reduces green innovation by up to 1.5%, with stronger effects during recessions and periods of financial stress.
Climate policy actions, such as carbon taxes and green R&D subsidies, mitigate the negative effects of uncertainty.
The fall in green innovation after uncertainty shocks is not the same across sectors and depends on differences in the cost structure and maturity of the different technology domains.
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Midsize businesses are tapping into the social business market because large companies do not need the help of start-ups to create a “social technology stack.” But a social business stack cannot generate revenue by itself.