This paper studies the innovation response of upstream technology suppliers when their downstream technology buyers transition from regulation to product market competition. First, we develop a theoretical framework that models this particular organizational structure. Second, we use the US...

Abstract: This paper analyzes the impact of deregulation and restructuring on public-interest environmental research conducted by electric utilities in the US for the period 1990-2001. I find that deregulation has had a tremendous negative on such expenditures which have declined by 40 percent....

This paper studies the impact of market restructuring on the character of research and development (R&D) expenditures. Using a political economy approach, we consider the likely differences in internal and collaborative R&D activities under regulatory and market regimes, and test the predictions...