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Innovation in venture capital backed clean-technology firms in the UK

Parris, Stuart and Demirel, Pelin (2010). Innovation in venture capital backed clean-technology firms in the UK. Strategic Change, 19(7-8) pp. 343–357.

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Driven by political pressures to cut down carbon dioxide (CO2) emissions and to find cheaper and renewable alternatives to fuel based technologies, the clean technology sector has risen as an important target for venture capital investments in recent years. Although the clean-tech sector is operating on the frontier of the cutting edge renewable and environmentally friendly technologies, the majority of venture capital backed UK clean-tech firms do not patent or patent very little. Investors appear to experiment with their investment models and avoid taking big risks associated with funding the most radical and risky clean-tech innovations.

Item Type: Article
Copyright Holders: 2010 John Wiley & Sons, Ltd.
ISSN: 1099-1697
Project Funding Details:
Funded Project NameProject IDFunding Body
Not SetNot SetBritish Academy
Extra Information: Special Issue: Raising the Rate of Venture Capital: Financial Instruments Offsetting High Risk, Debt Exposure, and Short-Term Failure
Keywords: venture capital; cleantech; innovation; patents
Academic Unit/School: Faculty of Arts and Social Sciences (FASS) > Politics, Philosophy, Economics, Development, Geography
Faculty of Arts and Social Sciences (FASS)
Interdisciplinary Research Centre: Innovation, Knowledge & Development research centre (IKD)
International Development & Inclusive Innovation
Item ID: 34592
Depositing User: Stuart Parris
Date Deposited: 16 Oct 2012 15:58
Last Modified: 09 Feb 2017 13:21
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