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Business and Management.


T HE report by the Intergovernmental Panel on Climate Change [47] highlighted the need to reduce greenhouse gas emissions and strive for decarbonization in order to restrict global warming. The Paris Agreement, a legally binding international treaty on climate change, has a vision of accelerating technology development and transfer [92] in order to reduce harmful carbon emissions. The development of new and innovative disruptive technologies to ameliorate and reverse the harmful effects of carbon emissions is emphasized by governments and international agencies [6], [53], [59], [102]. Large incumbent firms are well resourced to conduct this research and development (R&D), although small early stage ventures also play a significant role in innovation and invention [67], [76]. New enterprises have the advantages of agility, testing, and implementing new business models quickly [73], although they typically lack sufficient resources to develop and scale their business successfully.



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Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License
This work is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.

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