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Creating innovation through environmental policy : evidence from OECD engine patents

Abstract:

An invention, when applied for the first time, is called an innovation. Resembling a tree that sustains branches, this paper identifies the factors which sustain complementary innovations of vehicle engines during 1974-2010 in the OECD region. A data set of 26,378 patents is used to estimate the impact on innovation of past energy prices, of legal limits on engine fuel efficiency, of non CO2 standards, of consumer demand and cost of capital. The innovation models emphasise state actions that ...

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Publication status:
Published
Peer review status:
Reviewed (other)

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Institution:
University of Oxford
Division:
SSD
Department:
SOGE
Sub department:
Transport Studies Unit
Role:
Author
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Institution:
University of Cambridge
Role:
Author
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Institution:
Brunel University
Role:
Author
More by this author
Institution:
University of Oxford
Division:
SSD
Department:
SOGE
Sub department:
Transport Studies Unit
Role:
Author
Publisher:
Transport Studies Unit, University of Oxford Publisher's website
Series:
TSU Working paper
Publication date:
2014-01-01
Paper number:
1064
Language:
English
Keywords:
UUID:
uuid:85c5c932-b233-442a-b1d4-0845c5fabdbd
Local pid:
ora:10010
Deposit date:
2015-02-11

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