Song & Oh (2023): Market-pull, technology-push, and regulatory stringency determinants: All in need in firms‘ decisions for large-scale demonstration of direct air capture technologies
Yewon Song, Chaewoon Oh IN: Energy Research & Social Science, 106, 103339, https://doi.org/10.1016/j.erss.2023.103339
There is a lack of studies exploring firm-level behaviors in DACCS technologies. What behavioral determinants are responsible for firms undertaking large-scale demonstrations and deployment with innovative but uncertain DACCS technologies? Using an analytical framework that included market pull, technology push, and regulatory stringency determinants, a case study of the firm, Carbon Engineering, was conducted. The results reveal that the most important determinants are regulatory factors that are vital for mobilizing financial resources.