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Creating innovation through environmental policy : evidence from OECD engine patents

Subtitle:
TSU Working paper no. 1064
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)
Version:
Publisher's version

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Institution:
University of Oxford
Department:
Social Sciences Division - Centre for the Environment - Transport Studies Unit
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Institution:
University of Cambridge
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Institution:
Brunel University
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Institution:
University of Oxford
Department:
Social Sciences Division - Centre for the Environment - Transport Studies Unit
Publisher:
Transport Studies Unit, University of Oxford Publisher's website
Publication date:
2014
URN:
uuid:85c5c932-b233-442a-b1d4-0845c5fabdbd
Local pid:
ora:10010

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