Fueling the Innovative Process : Oil Prices and Induced Innovation in Automotive Energy-Efficient Technology

This paper tests the induced innovation hypothesis that higher oil prices will lead to increased innovation in energy-efficient automotive technology. We find robust empirical support for the hypothesis, while using various measures of oil and gas prices and controlling for other factors including constructed knowledge stocks and macroeconomic variables

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Year of publication:	2014
Authors:	Johnson, Daniel K. N. ; Crabb, Joseph M.
Publisher:	[S.l.] : SSRN
Subject:	Ölpreis \| Oil price \| Innovation \| Energieeinsparung \| Energy conservation \| Technischer Fortschritt \| Technological change \| Kfz-Industrie \| Automotive industry \| Innovationsmanagement \| Innovation management \| Endogenes Wachstumsmodell \| Endogenous growth model

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Extent:	1 Online-Ressource (18 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 2007 erstellt
Other identifiers:	10.2139/ssrn.991411 [DOI]
Classification:	O3 - Technological Change; Research and Development ; Q4 - Energy ; Q55 - Technological Innovation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014050082