DOI: 10.1016/j.enpol.2009.06.071. Which renewable energy policy is a venture capitalist's best friend? Empirical evidence from a survey of international cleantech investors

Which renewable energy policy is a venture capitalist's best friend? Empirical evidence from a survey of international cleantech investors

10.1016/j.enpol.2009.06.071

Crossref journal-article

Elsevier BV

Energy Policy (78)

Bibliography

BÃ¼rer, M. J., & WÃ¼stenhagen, R. (2009). Which renewable energy policy is a venture capitalistâs best friend? Empirical evidence from a survey of international cleantech investors. Energy Policy, 37(12), 4997â5006.

Authors 2

Mary Jean Bürer (first)
Rolf Wüstenhagen (additional)

References 46 Referenced 351

10.1016/S0883-9026(03)00038-7 / Journal of Business Venturing / Picking winners or building them? Alliance, intellectual, and human capital as selection criteria in venture financing and performance of biotechnology startups by Baum (2004)
{'key': '10.1016/j.enpol.2009.06.071_bib3', 'series-title': 'Sustainable Innovation and Entrepreneurship', 'first-page': '290', 'article-title': 'Cleantech venture investors and energy policy risk: an exploratory analysis of regulatory risk management strategies', 'author': 'Bürer', 'year': '2008'} / Sustainable Innovation and Entrepreneurship / Cleantech venture investors and energy policy risk: an exploratory analysis of regulatory risk management strategies by Bürer (2008)
Butler, L., Neuhoff, K., 2004. Comparison of Feed in Tariff, Quota and Auction Mechanisms to Support Wind Power Development, CMI/DAE Working paper 70.
10.1016/j.jbusvent.2005.12.002 / Journal of Business Venturing / Government policy towards entrepreneurial finance: innovation investment funds by Cumming (2007)
10.1016/S1066-7938(00)90010-1 / Corporate Environmental Strategy / Venture capital & the environmental industry by Diefendorf (2000)
10.1016/S0140-9883(98)00009-7 / Energy Economics / Sensitivity of climate change mitigation estimates to assumptions about technical change by Dowlatabadi (1998)
Drillisch, J., Riechmann, C., 1998. Liberalisation of the Electricity Supply Industry—Evaluation of Reform Policies. EWI Institute of Energy Economics at the University of Cologne.
European Commission, 2005. The support of electricity from renewable energy sources, COM, 2005, 627 final.
10.1177/089124249000400405 / Economic Development Quarterly / Venture capital, innovation and economic development by Florida (1990)
{'key': '10.1016/j.enpol.2009.06.071_bib10', 'series-title': 'The Venture Capital Cycle', 'author': 'Gompers', 'year': '2004'} / The Venture Capital Cycle by Gompers (2004)
10.1016/0301-4215(95)90167-6 / Energy Policy / The economics of changing course by Grubb (1995)
10.1146/annurev.energy.27.122001.083408 / Annual Review of Energy and the Environment / Induced technical change in energy/environmental modelling: analytic approaches and policy implications by Grubb (2002)
{'issue': '2', 'key': '10.1016/j.enpol.2009.06.071_bib13', 'first-page': '103', 'article-title': 'Technology innovation and climate change policy: an overview of issues and options', 'volume': '41', 'author': 'Grubb', 'year': '2004', 'journal-title': 'Keio Economic Studies'} / Keio Economic Studies / Technology innovation and climate change policy: an overview of issues and options by Grubb (2004)
Grubb, M., 2006. Evolution of UK low carbon innovation strategy, presentation for IPIECA Workshop, Washington, M. Grubb presenting for the Carbon Trust, 27 September 2006.
Held, A., Haas, R., Ragwitz, M., 2006. On the success of policy strategies for the promotion of electricity from renewable energy sources in the EU, Report produced for DG TREN. (10.1260/095830506779398849)
{'key': '10.1016/j.enpol.2009.06.071_bib16', 'series-title': 'The Silicon Valley Edge: A Habitat for Innovation and Entrepreneurship', 'first-page': '267', 'article-title': 'Venture capitalists: the coaches of Silicon Valley', 'author': 'Hellmann', 'year': '2000'} / The Silicon Valley Edge: A Habitat for Innovation and Entrepreneurship / Venture capitalists: the coaches of Silicon Valley by Hellmann (2000)
10.1126/science.1072357 / Science / Advanced technology paths to climate stability: energy for a greenhouse planet by Hoffert (2002)
IEA, 2007. Energy Policies of IEA Countries: Switzerland—2007 Review. Paris: International Energy Agency.
10.1111/1468-5965.00269 / Journal of Common Market Studies / Climate policy, venture capital, and European integration by Kasemir (2000)
10.2307/2696354 / The Rand Journal of Economics / Assessing the contribution of venture capital to innovation by Kortum (2000)
Kühn, I., 1999. New competition-based support schemes for electricity generation from renewable energy sources. Paper presented at the 1st Austrian-Czech-German Conference on ‘Energy Market Liberalisation in Central and Eastern Europe’, 6–8 September 1999, Prague.
Langniss, O. (Ed.), 1999. Financing Renewable Energy Systems. DLR, Stuttgart.
Lenz, S., Pfaffenberger, W., 1999. Stromhandel mit erneuerbaren Energieträgern mit einem Quotenmodell. Papier für die 63. Physikertagung der DPG, Heidelberg, März 1999.
10.1086/209616 / Journal of Business / The government as venture capitalist: the long-run effects of the SBIR program by Lerner (1999)
10.1111/1468-0297.00684 / Economic Journal / When bureaucrats meet entrepreneurs: the design of effective ‘public venture capital’ programmes by Lerner (2002)
Lüthi, S., Wüstenhagen, R., 2008. Effective deployment of photovoltaics in Mediterranean countries: balancing policy risk and return. Paper presented at the DEMSEE 2008 International Conference on Deregulated Electricity Market Issues in South-Eastern Europe. September 22–23, 2008 Nicosia, Cyprus.
Lüthi, S., Wüstenhagen, R., 2009. The Price of Policy Risk—Empirical Insights from Choice Experiments with European Photovoltaic Project Developers, Paper Presented at the IAEE European Conference, Vienna, September 7–10, 2009.
10.1016/S0301-4215(02)00133-7 / Energy Policy / Prices versus quantities: choosing policies for promoting the development of renewable energy by Menanteau (2003)
10.1146/annurev.energy.25.1.285 / Annual Review of Energy and the Environment / The England and Wales non-fossil fuel obligation: history and lessons by Mitchell (2000)
10.1016/j.enpol.2004.08.004 / Energy Policy / Effectiveness through risk reduction: a comparison of the renewable obligation in England and Wales and the feed-in system in Germany by Mitchell (2006)
10.1002/bse.413 / Business Strategy and the Environment / Innovative and sustainable energy technologies: the role of venture capital by Moore (2004)
Murphy, L.M., Edwards, P.L., 2003. Bridging the valley of death: transitioning from public to private sector financing, May 2003, NREL/MP-720-34036.
10.1504/IJPP.2007.012275 / International Journal of Public Policy / Promotion of renewable energy sources: effects on innovation by Ragwitz (2007)
10.1002/bse.361 / Business Strategy and the Environment / The emergence of green venture capital by Randjelovic (2003)
Richtel, M., 2007. Tech Barons Take on New Project: Energy Policy. The New York Times, January 29, 2007.
Sawin, J.L., 2004. National policy instruments: policy lessons for the advancement and diffusion of renewable energy technologies around the World. Thematic Background Paper 3, January 2004, prepared for the International Conference on Renewable Energies, Bonn, Germany, June 2004.
Schleich, J., Betz, R., 2005. Incentives for energy efficiency and innovation in the European Emission Trading System. In: Proceedings of the ECEEE 2005 Summer Study.
10.1016/j.geoforum.2006.11.016 / Geoforum / Anglo-Saxon and German approaches to neoliberalism and environmental policy: the case of financing renewable energy by Toke (2007)
UNEP SEFI, 2004. Communiqué from Creating the Climate for Change. Sustainable Energy Finance. Bonn, Germany, 1–2 June 2004 〈http://sefi.unep.org/fileadmin/media/sefi/docs/sef_communique.pdf〉.
UNEP SEFI, New Energy Finance, 2007. Global Trends in Sustainable Energy Investment 2007. UNEP: Paris, June 2007.
Usher, E., 2008. Global Investment in the Renewable Energy Sector. in: Hohmeyer, O., Trittin, T. (Eds.), Proceedings of the IPCC Scoping Meeting on Renewable Energy Sources, Lübeck, pp. 147–154.
{'key': '10.1016/j.enpol.2009.06.071_bib42', 'series-title': 'Ökostrom-von der Nische zum Massenmarkt', 'author': 'Wüstenhagen', 'year': '2000'} / Ökostrom-von der Nische zum Massenmarkt by Wüstenhagen (2000)
Wüstenhagen, R., Wuebker, R., Bürer, M.J., Goddard, D. Financing fuel cell market development: exploring the role of expectation dynamics in venture capital investment. In: Pogutz, S., Russo, A., Migliavacca, P., (Eds.), Innovation, Markets, and Sustainable Energy: The Challenge of Hydrogen and Fuel Cells, Edward Elgar, Cheltenham (UK) and Lyme (US), forthcoming.
10.1504/IJTM.2006.009448 / International Journal of Technology Management / Do venture capitalists really invest in good industries? Risk-return perceptions and path dependence in the emerging European energy VC market by Wüstenhagen (2006)
10.1016/j.enpol.2006.12.001 / Energy Policy / Social acceptance of renewable energy innovation: An introduction to the concept by Wüstenhagen (2007)
Wüstenhagen, R., Wuebker, R., Bürer, M.J., Goddard, D., 2009. Financing fuel cell market development: exploring the role of expectation dynamics in venture capital investment. In: Pogutz, S., Russo, A., Migliavacca, P. (Eds.), Innovation, Markets, and Sustainable Energy: The Challenge of Hydrogen and Fuel Cells. Edward Elgar, Cheltenham (UK) and Lyme (US), pp. 118–137. (10.4337/9781848449329.00019)

Dates

Type	When
Created	16 years ago (Aug. 6, 2009, 5:39 a.m.)
Deposited	2 years, 3 months ago (May 26, 2023, 3:54 a.m.)
Indexed	22 hours, 43 minutes ago (Sept. 4, 2025, 10:26 a.m.)
Issued	15 years, 9 months ago (Dec. 1, 2009)
Published	15 years, 9 months ago (Dec. 1, 2009)
Published Print	15 years, 9 months ago (Dec. 1, 2009)

Funders 0

None

BibTeX

@article{B_rer_2009, title={Which renewable energy policy is a venture capitalist’s best friend? Empirical evidence from a survey of international cleantech investors}, volume={37}, ISSN={0301-4215}, url={http://dx.doi.org/10.1016/j.enpol.2009.06.071}, DOI={10.1016/j.enpol.2009.06.071}, number={12}, journal={Energy Policy}, publisher={Elsevier BV}, author={Bürer, Mary Jean and Wüstenhagen, Rolf}, year={2009}, month=dec, pages={4997–5006} }

JSON

{
  "indexed": {
    "date-parts": [
      [
        2025,
        9,
        4
      ]
    ],
    "date-time": "2025-09-04T14:26:01Z",
    "timestamp": 1756995961515
  },
  "reference-count": 46,
  "publisher": "Elsevier BV",
  "issue": "12",
  "license": [
    {
      "start": {
        "date-parts": [
          [
            2009,
            12,
            1
          ]
        ],
        "date-time": "2009-12-01T00:00:00Z",
        "timestamp": 1259625600000
      },
      "content-version": "tdm",
      "delay-in-days": 0,
      "URL": "https://www.elsevier.com/tdm/userlicense/1.0/"
    }
  ],
  "content-domain": {
    "domain": [],
    "crossmark-restriction": false
  },
  "published-print": {
    "date-parts": [
      [
        2009,
        12
      ]
    ]
  },
  "DOI": "10.1016/j.enpol.2009.06.071",
  "type": "journal-article",
  "created": {
    "date-parts": [
      [
        2009,
        8,
        6
      ]
    ],
    "date-time": "2009-08-06T09:39:36Z",
    "timestamp": 1249551576000
  },
  "page": "4997-5006",
  "source": "Crossref",
  "is-referenced-by-count": 351,
  "title": "Which renewable energy policy is a venture capitalist's best friend? Empirical evidence from a survey of international cleantech investors",
  "prefix": "10.1016",
  "volume": "37",
  "author": [
    {
      "given": "Mary Jean",
      "family": "B\u00fcrer",
      "sequence": "first",
      "affiliation": []
    },
    {
      "given": "Rolf",
      "family": "W\u00fcstenhagen",
      "sequence": "additional",
      "affiliation": []
    }
  ],
  "member": "78",
  "reference": [
    {
      "key": "10.1016/j.enpol.2009.06.071_bib1",
      "doi-asserted-by": "crossref",
      "first-page": "411",
      "DOI": "10.1016/S0883-9026(03)00038-7",
      "article-title": "Picking winners or building them? Alliance, intellectual, and human capital as selection criteria in venture financing and performance of biotechnology startups",
      "volume": "19",
      "author": "Baum",
      "year": "2004",
      "journal-title": "Journal of Business Venturing"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib3",
      "series-title": "Sustainable Innovation and Entrepreneurship",
      "first-page": "290",
      "article-title": "Cleantech venture investors and energy policy risk: an exploratory analysis of regulatory risk management strategies",
      "author": "B\u00fcrer",
      "year": "2008"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib4",
      "unstructured": "Butler, L., Neuhoff, K., 2004. Comparison of Feed in Tariff, Quota and Auction Mechanisms to Support Wind Power Development, CMI/DAE Working paper 70."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib5",
      "doi-asserted-by": "crossref",
      "first-page": "193",
      "DOI": "10.1016/j.jbusvent.2005.12.002",
      "article-title": "Government policy towards entrepreneurial finance: innovation investment funds",
      "volume": "22",
      "author": "Cumming",
      "year": "2007",
      "journal-title": "Journal of Business Venturing"
    },
    {
      "issue": "4",
      "key": "10.1016/j.enpol.2009.06.071_bib6",
      "doi-asserted-by": "crossref",
      "first-page": "388",
      "DOI": "10.1016/S1066-7938(00)90010-1",
      "article-title": "Venture capital & the environmental industry",
      "volume": "7",
      "author": "Diefendorf",
      "year": "2000",
      "journal-title": "Corporate Environmental Strategy"
    },
    {
      "issue": "5\u20136",
      "key": "10.1016/j.enpol.2009.06.071_bib7",
      "doi-asserted-by": "crossref",
      "first-page": "473",
      "DOI": "10.1016/S0140-9883(98)00009-7",
      "article-title": "Sensitivity of climate change mitigation estimates to assumptions about technical change",
      "volume": "20",
      "author": "Dowlatabadi",
      "year": "1998",
      "journal-title": "Energy Economics"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib46",
      "unstructured": "Drillisch, J., Riechmann, C., 1998. Liberalisation of the Electricity Supply Industry\u2014Evaluation of Reform Policies. EWI Institute of Energy Economics at the University of Cologne."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib8",
      "unstructured": "European Commission, 2005. The support of electricity from renewable energy sources, COM, 2005, 627 final."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib9",
      "doi-asserted-by": "crossref",
      "first-page": "345",
      "DOI": "10.1177/089124249000400405",
      "article-title": "Venture capital, innovation and economic development",
      "volume": "4",
      "author": "Florida",
      "year": "1990",
      "journal-title": "Economic Development Quarterly"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib10",
      "series-title": "The Venture Capital Cycle",
      "author": "Gompers",
      "year": "2004"
    },
    {
      "issue": "4/5",
      "key": "10.1016/j.enpol.2009.06.071_bib11",
      "doi-asserted-by": "crossref",
      "first-page": "417",
      "DOI": "10.1016/0301-4215(95)90167-6",
      "article-title": "The economics of changing course",
      "volume": "23",
      "author": "Grubb",
      "year": "1995",
      "journal-title": "Energy Policy"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib12",
      "doi-asserted-by": "crossref",
      "first-page": "271",
      "DOI": "10.1146/annurev.energy.27.122001.083408",
      "article-title": "Induced technical change in energy/environmental modelling: analytic approaches and policy implications",
      "volume": "27",
      "author": "Grubb",
      "year": "2002",
      "journal-title": "Annual Review of Energy and the Environment"
    },
    {
      "issue": "2",
      "key": "10.1016/j.enpol.2009.06.071_bib13",
      "first-page": "103",
      "article-title": "Technology innovation and climate change policy: an overview of issues and options",
      "volume": "41",
      "author": "Grubb",
      "year": "2004",
      "journal-title": "Keio Economic Studies"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib14",
      "unstructured": "Grubb, M., 2006. Evolution of UK low carbon innovation strategy, presentation for IPIECA Workshop, Washington, M. Grubb presenting for the Carbon Trust, 27 September 2006."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib15",
      "doi-asserted-by": "crossref",
      "unstructured": "Held, A., Haas, R., Ragwitz, M., 2006. On the success of policy strategies for the promotion of electricity from renewable energy sources in the EU, Report produced for DG TREN.",
      "DOI": "10.1260/095830506779398849"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib16",
      "series-title": "The Silicon Valley Edge: A Habitat for Innovation and Entrepreneurship",
      "first-page": "267",
      "article-title": "Venture capitalists: the coaches of Silicon Valley",
      "author": "Hellmann",
      "year": "2000"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib17",
      "doi-asserted-by": "crossref",
      "first-page": "981",
      "DOI": "10.1126/science.1072357",
      "article-title": "Advanced technology paths to climate stability: energy for a greenhouse planet",
      "volume": "298",
      "author": "Hoffert",
      "year": "2002",
      "journal-title": "Science"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib18",
      "unstructured": "IEA, 2007. Energy Policies of IEA Countries: Switzerland\u20142007 Review. Paris: International Energy Agency."
    },
    {
      "issue": "5",
      "key": "10.1016/j.enpol.2009.06.071_bib19",
      "doi-asserted-by": "crossref",
      "first-page": "891",
      "DOI": "10.1111/1468-5965.00269",
      "article-title": "Climate policy, venture capital, and European integration",
      "volume": "38",
      "author": "Kasemir",
      "year": "2000",
      "journal-title": "Journal of Common Market Studies"
    },
    {
      "issue": "4",
      "key": "10.1016/j.enpol.2009.06.071_bib20",
      "doi-asserted-by": "crossref",
      "first-page": "674",
      "DOI": "10.2307/2696354",
      "article-title": "Assessing the contribution of venture capital to innovation",
      "volume": "31",
      "author": "Kortum",
      "year": "2000",
      "journal-title": "The Rand Journal of Economics"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib21",
      "unstructured": "K\u00fchn, I., 1999. New competition-based support schemes for electricity generation from renewable energy sources. Paper presented at the 1st Austrian-Czech-German Conference on \u2018Energy Market Liberalisation in Central and Eastern Europe\u2019, 6\u20138 September 1999, Prague."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib22",
      "unstructured": "Langniss, O. (Ed.), 1999. Financing Renewable Energy Systems. DLR, Stuttgart."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib23",
      "unstructured": "Lenz, S., Pfaffenberger, W., 1999. Stromhandel mit erneuerbaren Energietr\u00e4gern mit einem Quotenmodell. Papier f\u00fcr die 63. Physikertagung der DPG, Heidelberg, M\u00e4rz 1999."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib24",
      "doi-asserted-by": "crossref",
      "first-page": "285",
      "DOI": "10.1086/209616",
      "article-title": "The government as venture capitalist: the long-run effects of the SBIR program",
      "volume": "72",
      "author": "Lerner",
      "year": "1999",
      "journal-title": "Journal of Business"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib25",
      "doi-asserted-by": "crossref",
      "first-page": "F73",
      "DOI": "10.1111/1468-0297.00684",
      "article-title": "When bureaucrats meet entrepreneurs: the design of effective \u2018public venture capital\u2019 programmes",
      "volume": "112",
      "author": "Lerner",
      "year": "2002",
      "journal-title": "Economic Journal"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib26",
      "unstructured": "L\u00fcthi, S., W\u00fcstenhagen, R., 2008. Effective deployment of photovoltaics in Mediterranean countries: balancing policy risk and return. Paper presented at the DEMSEE 2008 International Conference on Deregulated Electricity Market Issues in South-Eastern Europe. September 22\u201323, 2008 Nicosia, Cyprus."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib47",
      "unstructured": "L\u00fcthi, S., W\u00fcstenhagen, R., 2009. The Price of Policy Risk\u2014Empirical Insights from Choice Experiments with European Photovoltaic Project Developers, Paper Presented at the IAEE European Conference, Vienna, September 7\u201310, 2009."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib27",
      "doi-asserted-by": "crossref",
      "first-page": "799",
      "DOI": "10.1016/S0301-4215(02)00133-7",
      "article-title": "Prices versus quantities: choosing policies for promoting the development of renewable energy",
      "volume": "31",
      "author": "Menanteau",
      "year": "2003",
      "journal-title": "Energy Policy"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib28",
      "doi-asserted-by": "crossref",
      "first-page": "285",
      "DOI": "10.1146/annurev.energy.25.1.285",
      "article-title": "The England and Wales non-fossil fuel obligation: history and lessons",
      "volume": "25",
      "author": "Mitchell",
      "year": "2000",
      "journal-title": "Annual Review of Energy and the Environment"
    },
    {
      "issue": "3",
      "key": "10.1016/j.enpol.2009.06.071_bib29",
      "doi-asserted-by": "crossref",
      "first-page": "297",
      "DOI": "10.1016/j.enpol.2004.08.004",
      "article-title": "Effectiveness through risk reduction: a comparison of the renewable obligation in England and Wales and the feed-in system in Germany",
      "volume": "34",
      "author": "Mitchell",
      "year": "2006",
      "journal-title": "Energy Policy"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib30",
      "doi-asserted-by": "crossref",
      "first-page": "235",
      "DOI": "10.1002/bse.413",
      "article-title": "Innovative and sustainable energy technologies: the role of venture capital",
      "volume": "13",
      "author": "Moore",
      "year": "2004",
      "journal-title": "Business Strategy and the Environment"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib31",
      "unstructured": "Murphy, L.M., Edwards, P.L., 2003. Bridging the valley of death: transitioning from public to private sector financing, May 2003, NREL/MP-720-34036."
    },
    {
      "issue": "1\u20132",
      "key": "10.1016/j.enpol.2009.06.071_bib33",
      "doi-asserted-by": "crossref",
      "first-page": "32",
      "DOI": "10.1504/IJPP.2007.012275",
      "article-title": "Promotion of renewable energy sources: effects on innovation",
      "volume": "2",
      "author": "Ragwitz",
      "year": "2007",
      "journal-title": "International Journal of Public Policy"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib34",
      "doi-asserted-by": "crossref",
      "first-page": "240",
      "DOI": "10.1002/bse.361",
      "article-title": "The emergence of green venture capital",
      "volume": "12",
      "author": "Randjelovic",
      "year": "2003",
      "journal-title": "Business Strategy and the Environment"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib35",
      "unstructured": "Richtel, M., 2007. Tech Barons Take on New Project: Energy Policy. The New York Times, January 29, 2007."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib36",
      "unstructured": "Sawin, J.L., 2004. National policy instruments: policy lessons for the advancement and diffusion of renewable energy technologies around the World. Thematic Background Paper 3, January 2004, prepared for the International Conference on Renewable Energies, Bonn, Germany, June 2004."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib37",
      "unstructured": "Schleich, J., Betz, R., 2005. Incentives for energy efficiency and innovation in the European Emission Trading System. In: Proceedings of the ECEEE 2005 Summer Study."
    },
    {
      "issue": "4",
      "key": "10.1016/j.enpol.2009.06.071_bib38",
      "doi-asserted-by": "crossref",
      "first-page": "677",
      "DOI": "10.1016/j.geoforum.2006.11.016",
      "article-title": "Anglo-Saxon and German approaches to neoliberalism and environmental policy: the case of financing renewable energy",
      "volume": "38",
      "author": "Toke",
      "year": "2007",
      "journal-title": "Geoforum"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib39",
      "unstructured": "UNEP SEFI, 2004. Communiqu\u00e9 from Creating the Climate for Change. Sustainable Energy Finance. Bonn, Germany, 1\u20132 June 2004 \u3008http://sefi.unep.org/fileadmin/media/sefi/docs/sef_communique.pdf\u3009."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib40",
      "unstructured": "UNEP SEFI, New Energy Finance, 2007. Global Trends in Sustainable Energy Investment 2007. UNEP: Paris, June 2007."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib41",
      "unstructured": "Usher, E., 2008. Global Investment in the Renewable Energy Sector. in: Hohmeyer, O., Trittin, T. (Eds.), Proceedings of the IPCC Scoping Meeting on Renewable Energy Sources, L\u00fcbeck, pp. 147\u2013154."
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib42",
      "series-title": "\u00d6kostrom-von der Nische zum Massenmarkt",
      "author": "W\u00fcstenhagen",
      "year": "2000"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib43",
      "unstructured": "W\u00fcstenhagen, R., Wuebker, R., B\u00fcrer, M.J., Goddard, D. Financing fuel cell market development: exploring the role of expectation dynamics in venture capital investment. In: Pogutz, S., Russo, A., Migliavacca, P., (Eds.), Innovation, Markets, and Sustainable Energy: The Challenge of Hydrogen and Fuel Cells, Edward Elgar, Cheltenham (UK) and Lyme (US), forthcoming."
    },
    {
      "issue": "1/2",
      "key": "10.1016/j.enpol.2009.06.071_bib44",
      "doi-asserted-by": "crossref",
      "first-page": "63",
      "DOI": "10.1504/IJTM.2006.009448",
      "article-title": "Do venture capitalists really invest in good industries? Risk-return perceptions and path dependence in the emerging European energy VC market",
      "volume": "34",
      "author": "W\u00fcstenhagen",
      "year": "2006",
      "journal-title": "International Journal of Technology Management"
    },
    {
      "issue": "5",
      "key": "10.1016/j.enpol.2009.06.071_bib45",
      "doi-asserted-by": "crossref",
      "first-page": "2683",
      "DOI": "10.1016/j.enpol.2006.12.001",
      "article-title": "Social acceptance of renewable energy innovation: An introduction to the concept",
      "volume": "35",
      "author": "W\u00fcstenhagen",
      "year": "2007",
      "journal-title": "Energy Policy"
    },
    {
      "key": "10.1016/j.enpol.2009.06.071_bib48",
      "doi-asserted-by": "crossref",
      "unstructured": "W\u00fcstenhagen, R., Wuebker, R., B\u00fcrer, M.J., Goddard, D., 2009. Financing fuel cell market development: exploring the role of expectation dynamics in venture capital investment. In: Pogutz, S., Russo, A., Migliavacca, P. (Eds.), Innovation, Markets, and Sustainable Energy: The Challenge of Hydrogen and Fuel Cells. Edward Elgar, Cheltenham (UK) and Lyme (US), pp. 118\u2013137.",
      "DOI": "10.4337/9781848449329.00019"
    }
  ],
  "container-title": "Energy Policy",
  "original-title": [],
  "language": "en",
  "link": [
    {
      "URL": "https://api.elsevier.com/content/article/PII:S0301421509004807?httpAccept=text/xml",
      "content-type": "text/xml",
      "content-version": "vor",
      "intended-application": "text-mining"
    },
    {
      "URL": "https://api.elsevier.com/content/article/PII:S0301421509004807?httpAccept=text/plain",
      "content-type": "text/plain",
      "content-version": "vor",
      "intended-application": "text-mining"
    }
  ],
  "deposited": {
    "date-parts": [
      [
        2023,
        5,
        26
      ]
    ],
    "date-time": "2023-05-26T07:54:09Z",
    "timestamp": 1685087649000
  },
  "score": 1,
  "resource": {
    "primary": {
      "URL": "https://linkinghub.elsevier.com/retrieve/pii/S0301421509004807"
    }
  },
  "subtitle": [],
  "short-title": [],
  "issued": {
    "date-parts": [
      [
        2009,
        12
      ]
    ]
  },
  "references-count": 46,
  "journal-issue": {
    "issue": "12",
    "published-print": {
      "date-parts": [
        [
          2009,
          12
        ]
      ]
    }
  },
  "alternative-id": [
    "S0301421509004807"
  ],
  "URL": "http://dx.doi.org/10.1016/j.enpol.2009.06.071",
  "relation": {},
  "ISSN": [
    "0301-4215"
  ],
  "subject": [],
  "container-title-short": "Energy Policy",
  "published": {
    "date-parts": [
      [
        2009,
        12
      ]
    ]
  }
}