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Economic Aspects of Extended Producer Responsibility: Technical Innovation and EPR Policies

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Abstract:

Extended producer responsibility (EPR) is defined by the OECD as an environmental policy approach in which a producer's responsibility for a product is extended to the post‐consumer stage of a product's life cycle. Innovation is defined as the first use of a new product, process or system in a commercial context. Innovation occurs overwhelmingly in private firms in reaction to external signals. It is distinguished from science, which is the search for knowledge, and invention, which is a new technical idea. This paper develops an analytical framework for ...

Document Type: Review Article

Publication date: 2004-06-01

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