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scale intensive than in earlier stages of the innovation process. The UK and Australian economies present an interesting … firms in Australia and the UK. Timing of entry models are developed and tested. The different economic contexts, however …
Persistent link: https://www.econbiz.de/10009188486
In this paper, we use the US shale gas experience to shed light on how China might overcome the innovation problem …, an innovation stage and a scaling-up stage, with the first presenting a much bigger challenge than the latter. Our … analysis suggests that China’s national oil companies offer the best hope for overcoming the innovation problem. China’s policy …
Persistent link: https://www.econbiz.de/10010959439
Prizes are receiving increasing attention in policy and entrepreneurial communities as means to promote innovation, but …
Persistent link: https://www.econbiz.de/10009644191
Regulators often seek to promote the use of improved, cleaner technology when new investments occur; however, technology mandates are suspected of raising costs and delaying investment. We examine investment choices for electricity generation under a strict emissions rate performance standard...
Persistent link: https://www.econbiz.de/10010556832
Innovation is by definition a complex process, but policies geared towards stimulating innovation have tended to focus … innovation is a matter of the identification, application and diffusion of knowledge—of creativity. It is therefore not simply a … function of gross investments in science nor is it a function of the new production of knowledge. Innovation becomes more than …
Persistent link: https://www.econbiz.de/10009275784
With the growth of high-technology industries and knowledge intensive services, the pursuit of industrial competitiveness has progressed from a broad concern with the processes of industrialisation to a more focused analysis of the factors explaining cross-national variation in the level of...
Persistent link: https://www.econbiz.de/10009275826
Policy and entrepreneurial communities are increasingly promoting innovation by using prizes but their distinguishing …
Persistent link: https://www.econbiz.de/10010642998
industry improvements to study how much of it is due to innovation (improvement of best practice through investments as well as …. Innovation has been rapid: the best firms have cut emissions on the order of 70 percent. Nevertheless, reductions have been even …
Persistent link: https://www.econbiz.de/10005138486
This paper examines whether the welfare gains from technological innovation that reduces future abatement costs are … innovation depend on three key factors - the initially optimal level of abatement, the speed at which innovation reduces future … abatement costs, and the discount rate. We calculate the welfare gains from innovation under a variety of different scenarios …
Persistent link: https://www.econbiz.de/10005442304
This paper examines whether the welfare gains from technological innovation that reduces future abatement costs are … innovation depend on three key factors: the initially optimal level of abatement, the speed at which innovation reduces future … abatement costs, and the discount rate. We calculate the welfare gains from innovation under a variety of different scenarios …
Persistent link: https://www.econbiz.de/10005442326