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PublikationArtikel (utan peer review)

Is Hydrogen a green bubble? A review of Samuel Furfari’s book The Hydrogen Illusion

Sammanfattning

The Hydrogen Illusion (2022) is a self-published book by Samuel Furfari, a retired chemical engineer who worked for 36 years in energy policy at the European Commission. Hydrogen has been brought to the forefront of environmental policy in recent years as the EU and other Western economies are allocating billions of euros and dollars towards hydrogen production. Furfari argues that this is a mistake, and that hydrogen has little potential as an energy form, primarily as it requires so much energy in order to be produced. While at times technical and difficult to follow, The Hydrogen Illusion is a valuable contribution to the ongoing debate about how Western economies can combine economic and environmental development.

Sandström, C., & Eskilson, E. (2024). Is Hydrogen a green bubble? A review of Samuel Furfari’s book The Hydrogen Illusion.Journal of Evolutionary Economics, 1–6.

Detaljer

Författare
Sandström, C., & Eskilson, E.
Publiceringsår
2024
Publicerat i

Journal of Evolutionary Economics


Liknande innehåll

Artikel (med peer review)

Introducing the inverted Icarus paradox in business history – Evidence from David and Goliath in the Swedish telecommunications industry 1981–1990

Eriksson, K.; Lakomaa, E.; Nykvist, R.; Sandström, C.

Publiceringsår

2024

Publicerat i

Business History, Advance online publication.

Sammanfattning

Previous research in business and management history has identified the Icarus paradox, which describes how organisations may fall due to overconfidence and hubris. We build upon previous research on paradoxes in business history and introduce the notion of an inverted Icarus paradox. Using rich archival sources coded in a relational database, we show how an entrant firm, Comvik, outmanoeuvred an established government monopoly in the non-market domain from 1980 to 1990, despite inferior resources and a weak market position. The government monopoly Televerket faced an inverted Icarus paradox; it could not leverage its strengths and political connections as they were stuck in a David versus Goliath narrative where public opinion was more sympathetic to the entrant firm Comvik.

Artikel (med peer review)

Seven reasons why mission-oriented innovation policies seldom work in practice

Henrekson, M., Sandström, C., & Stenkula, M.

Publiceringsår

2024

Publicerat i

Economic Affairs

Sammanfattning

Large-scale government programmes and centrally directed industrial policies to address well-defined societal goals – mission-oriented innovation policies (hereafter referred to as ‘missions’) – are now prominent on many governments’ agendas. This new-found enthusiasm that a ‘visible hand’ should – or perhaps even must – drive the economy forward has, until recently, escaped significant critical scrutiny. There is a dearth of academic studies examining how, when and why such missions often risk failure.

Bokkapitel

Learning from Overrated Mission-Oriented Innovation Policies: Seven Takeaways

Henrekson, M., Sandström, C., & Stenkula, M.

Publiceringsår

2024

Publicerat i

Springer Nature.

Sammanfattning

This chapter integrates findings from several different case studies on mission-oriented innovation policies (MOIPs) and makes use of the existing literature to briefly describe three other missions: The War on Cancer, homeownership in the United States, and the Swedish Million Program. Together with the analyses in the other chapters of this volume, seven takeaways regarding mission-oriented innovation policies are developed and described: (1) wicked problems cannot be solved through missions, (2) politicians and government agencies are not exempt from self-interest, (3) MOIPs are subject to rent seeking and mission capture, (4) policymakers lack information to design MOIPs efficiently, (5) MOIPs distort competition, (6) government support programs distort incentives and result in moral hazard, and (7) MOIPs ignore opportunity costs. These seven takeaways are illustrated using the cases described in this chapter and elsewhere in this volume.

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