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Regulating for a sustainable economy - ESRC fellowship - BR0115

A knowledge exchange fellowship jointly funded by the Economic and Social Research Council (ESRC), Defra and the Environment Agency (EA), May 2013 – February 2014

Professor Frances Bowen, Chair in Innovation Studies, School of Business and Management, Queen Mary, University of London

The economic crisis has made growth the central concern of governments and this seems set to continue with increasing global competition. The UK and other governments have made removing regulatory barriers a core part of their growth strategies. In this context there is debate about whether the economic impact of environmental regulations is simply to impose costs or whether and when they can drive cost savings, innovation and competitiveness.

An improved, independent and credible evidence base is therefore needed to determine what reform actions can best foster economic growth without undermining the achievement of environmental goals. The ESRC, Defra and the Environment Agency have therefore engaged Prof Bowen for a 9-month fellowship leading work to:

Objective 1: Collate research evidence and expertise on what approaches to, and actions to reform, environmental regulatory policy would best support a sustainable economy, focusing on the relationships between environmental regulation, innovation, growth and firm performance.

Objective 2: Explore the rationale for future research collaboration on regulation for a sustainable economy and to make appropriate recommendations on what form of future collaboration would be most valuable.
Time-Scale and Cost
From: 2013

To: 2014

Cost: £24,858
Contractor / Funded Organisations
Queen Mary College
Better Regulation              
Economic Research