Rapid rise in corporate climate-tech investments complements support from public grants

Kathleen M. Kennedy; Morgan R. Edwards; Claudia Doblinger; Zachary H. Thomas; Maria A. Borrero; Ellen D. Williams; Nathan E. Hultman; Kavita Surana

doi:10.1038/s41560-024-01554-2

Rapid rise in corporate climate-tech investments complements support from public grants

Kathleen M. Kennedy
, Morgan R. Edwards
, Claudia Doblinger
, Zachary H. Thomas
, Maria A. Borrero
, Ellen D. Williams
, Nathan E. Hultman
, Kavita Surana

Associate Professorship of Innovation and Technology Management

University of Maryland, College Park
University of Wisconsin-Madison
Vienna University of Economics and Business Administration
Complexity Science Hub Vienna

Research output: Contribution to journal › Article › peer-review

4 Scopus citations

Abstract

Investment in climate and energy (climate-tech) startups is growing in the US and worldwide, with public grants backing high-risk sectors and publicly funded startups exiting at higher rates with corporate investment. Public policies to incentivize corporate investment in these startups can therefore be an important, yet sometimes underestimated, part of meeting net-zero goals.

Original language	English
Pages (from-to)	773-774
Number of pages	2
Journal	Nature Energy
Volume	9
Issue number	7
DOIs	https://doi.org/10.1038/s41560-024-01554-2
State	Published - Jul 2024

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 15 Life on Land

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10.1038/s41560-024-01554-2

Cite this

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abstract = "Investment in climate and energy (climate-tech) startups is growing in the US and worldwide, with public grants backing high-risk sectors and publicly funded startups exiting at higher rates with corporate investment. Public policies to incentivize corporate investment in these startups can therefore be an important, yet sometimes underestimated, part of meeting net-zero goals.",

author = "Kennedy, \{Kathleen M.\} and Edwards, \{Morgan R.\} and Claudia Doblinger and Thomas, \{Zachary H.\} and Borrero, \{Maria A.\} and Williams, \{Ellen D.\} and Hultman, \{Nathan E.\} and Kavita Surana",

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AU - Kennedy, Kathleen M.

AU - Edwards, Morgan R.

AU - Doblinger, Claudia

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AU - Borrero, Maria A.

AU - Williams, Ellen D.

AU - Hultman, Nathan E.

AU - Surana, Kavita

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AB - Investment in climate and energy (climate-tech) startups is growing in the US and worldwide, with public grants backing high-risk sectors and publicly funded startups exiting at higher rates with corporate investment. Public policies to incentivize corporate investment in these startups can therefore be an important, yet sometimes underestimated, part of meeting net-zero goals.

UR - https://www.scopus.com/pages/publications/85196263350

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SP - 773

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JO - Nature Energy

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Rapid rise in corporate climate-tech investments complements support from public grants

Abstract

UN SDGs

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