R & D drivers and obstacles to innovation in the energy industry

Energy Economics

Volumn 46, Issue , 2014, Pages 20-30

  Costa Campi, M T ^a   Duch Brown, N ^a,b   Garcia Quevedo J ^a  

^a UNIVERSITY OF BARCELONA   (Spain)

^b EUROPEAN COMMISSION   (Belgium)

Author keywords

Barriers; Energy; Innovation; R D; Regulation

Indexed keywords

BARRIERS; ENERGY; ENERGY INDUSTRY; REGULATION;

INNOVATION;

ENERGY MARKET; ENERGY USE; INDUSTRY; INNOVATION; REGULATORY FRAMEWORK; RESEARCH AND DEVELOPMENT;

SPAIN;

EID: 84907759990     PISSN: 01409883     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eneco.2014.09.003     Document Type: Article

References (60)

1. Anadon L. Missions-oriented RD&D institutions in energy between 2000 and 2010: a comparative analysis of China, the United Kingdom, and the United States. Res. Policy 2012, 41:1742-1756.
2. Anadon L., Bunn M., Chan G., Chan M., Jones C., Kempener R., Lee A., Logar N., Narayanamurti V. Transforming U.S. energy innovation. Energy Technology Innovation Policy Research Group 2011, Belfer Center for Social and International Affairs, Harvard Kennedy School, Cambridge, MA.
3. Arellano M., Honoré B. Panel data models: some recent developments. Handbook of Econometrics 2001, North Holland, Amsterdam. J.J. Heckman, E. Leamer (Eds.).
4. Artés J. Long-run versus short-run decisions, R&D and market structure in Spanish firms. Res. Policy 2009, 38:120-132.
5. Barge-Gil A. Cooperation-based innovators and peripheral co-operators: an empirical analysis of their characteristics and behaviour. Technovation 2010, 30:195-206.
6. Baumol W.J., Litan R.E., Schramm C.J. Good Capitalism, Bad Capitalism 2007, Yale University Press, New Haven.
7. Becheikh N., Landry R., Amara N. Lessons from innovation empirical studies in the manufacturing sector: a systematic review of the literature from 1993-2003. Technovation 2006, 26:644-664.
8. Blanchard P., Huiban J.P., Musolesi A., Sevestre P. Where there is a will, there is a way? Assessing the impact of obstacles to innovation. Ind. Corp. Chang. 2013, 22:679-710.
9. Butler J.S., Moffitt R. A computationally efficient quadrature procedure for the one-factor multinomial probit model. Econometrica 1982, 50-3:761-764.
10. Callejón M., García-Quevedo J. Public subsidies to business R&D: do they stimulate private expenditures?. Environ. Plan. C Gov. Policy 2005, 23:279-293.
11. Cohen W. Fifty years of empirical studies of innovative activity and performance. Handbook of the Economics of Innovation 2010, Elsevier. B. Hall, N. Rosenberg (Eds.).
12. Crepon B., Duguet E., Mairesse J. Research, innovation and productivity: an econometric analysis at the firm level. Econ. Innovation New Technol. 1998, 7:115-158.
13. Cumming D., Macintosh J. The determinants of R&D expenditures: a study of the Canadian biotechnology industry. Rev. Ind. Organ. 2000, 17:357-370.
14. Czarnitzki D., Hottenrott H. Financing constraints for industrial innovation: what do we know?. Rev. Bus. Econ. 2010, 55:346-362.
15. D'Este P., Iammarino S., Savona M., von Tunzelmann N. What hampers innovation? Revealed barriers versus deterring barriers. Res. Policy 2012, 41:482-488.
16. David P., Hall B., Toole A. Is public R&D a complement or substitute for private R&D? A review of the econometric evidence. Res. Policy 2000, 29:497-529.
17. De Marchi V. Environmental innovation and R&D cooperation: empirical evidence from Spanish manufacturing firms. Res. Policy 2012, 41:614-623.
18. Defeuilley C., Furtado A.T. Impacts de l'ouverture à la concurrence sur la R&D dans le secteur électrique. Ann. Public Coop. Econ. 2000, 71:5-27.
19. Dooley J. Unintended consequences: Energy R&D in a deregulated energy market. Energy Policy 1998, 26:547-555.
20. Doraszelski U., Jaumandreu J. R&D and productivity: estimating endogenous productivity. Rev. Econ. Stud. 2013, 80:1338-1383.
21. Economics for Energy Innovación en energía en España. Análisis y recomendaciones. Informe 2012 2013, Economics for Energy, Vigo, Spain.
22. European Commission SEC (2009). 1297. Impact Assessment for the Communication on Investing in the Development of Low Carbon Technologies (SET-Plan), Brussels 2009.
23. European Commission SEC (2009) 287 Report on progress in creating the internal gas and electricity market. Technical Annex to the Communication from the Commission to the Council and the European Parliament 2009, (COM (2009) 115, Brussels).
24. Gallagher K., Grübler A., Kuhl L., Nemet G., Wilson Ch. The energy technology innovation system. Annu. Rev. Environ. Resour. 2012, 37:137-162.
25. García-Quevedo J., Pellegrino G., Vivarelli M. R&D drivers and age? Are young firms different?. Res. Policy 2014, 43:1544-1556.
26. Gayle G.L., Viauroux C. Root-n consistent semiparametric estimators of a dynamic panel-sample-selection model. J. Econ. 2007, 141:179-212.
27. GEA Global Energy Assessment. Towards a Sustainable Future 2012, Cambridge University Press, Cambridge, UK and New York, USA.
28. Griffith R., Huergo E., Mairesse J., Peters B. Innovation and productivity across four European countries. Oxf. Rev. Econ. Policy 2006, 22:483-498.
29. Hall B. The financing of research and development. Oxf. Rev. Econ. Policy 2002, 18:37-51.
30. Hall B., Lotti F., Mairesse J. Innovation and productivity in SMEs: empirical evidence for Italy. Small Bus. Econ. 2009, 33:13-33.
31. Hall B., Lotti F., Mairesse J. Evidence on the impact of R&D and ICT investments on innovation and productivity in Italian firms. Econ. Innovation New Technol. 2013, 22:300-328.
32. Henderson R.M., Newell R.G. Accelerating Energy Innovation: Insights from Multiple Sectors 2011, University of Chicago Press.
33. IEA World Energy Outlook 2012, International Energy Agency, OECD.
34. Jalivand A., Kim S. Corporate Flexibility, Investment Strategies and Performance under Turbulent Environment: New Perspectives. Working paper 2012, Quinlan School of Bussines, Loyola University Chicago.
35. Jamasb T., Pollitt M. Liberalisation and R&D in network industries: the case of the electricity industry. Res. Policy 2008, 37:995-1008.
36. Kim J., Kim Y., Flacher D. R&D investment of electricity-generating firms following industry restructuring. Energy Policy 2012, 48:103-117.
37. Littlechild S. Competition and contracts in the Nordic residential electricity markets. Util. Policy 2006, 14:135-147.
38. Markard J., Truffer B. Innovation processes in large technical systems: market liberalization as a driver for radical change?. Res. Policy 2006, 35:609-625.
39. Martínez-Ros E., Labeaga J. Product and process innovation: persistence and complementarities. Eur. Manag. Rev. 2009, 6:64-75.
40. Mohnen P., Hall B. Innovation and productivity: an update. UNU-Merit Working Paper 2013-021 2013.
41. Mohnen P., Palm F., van der Loeff S., Tiwari A. Financial constraints and other obstacles: are they a threat to innovation activity?. De Economist 2008, 156:201-214.
42. Molero J. La importancia económica de innovar en el sector de la energía. Cuadernos de Energía 2012, 34:77-83.
43. Musolesi A., Huiban J.P. Innovation and productivity in knowledge intensive business services. J. Prod. Anal. 2010, 34:63-81.
44. Nakicenovic N., Nordhaus W. Editor's introduction: the economics of technologies to combat global warming. Energy Econ. 2011, 33:565-571.
45. Newell R.G. The role of markets and policies in delivering innovation for climate change mitigation. Oxf. Rev. Econ. Policy 2010, 26:253-269.
46. Neyman J., Scott E.L. Consistent estimates based on partially consistent observations. Econometrica 1948, 16:1-32.
47. OECD Oslo Manual. The measurement of scientific and technological activities. Proposed Guidelines for Collecting and Interpreting Technological Innovation Data 2005, OECD Publishing. 3rd edition.
48. OECD Fostering Innovation for Green Growth 2011, Organisation for Economic Co-operation and Development, Paris.
49. Pellegrino G., Savona M. Is money all? Financing versus knowledge and demand constraints to innovation. SPRU Working Paper Series SWPS 2013-01 2013.
50. Popp D., Newell R. Where does energy R&D come from? Examining crowding out from energy R&D. Energy Econ. 2012, 34:980-991.
51. Raymond W., Mohnen P., Palm F., van der Loeff S. The behavior of the maximum likelihood estimator of dynamic panel data sample selection models. CESIFO Working Paper No. 192 2007.
52. Raymond W., Mohnen P., Palm F., van der Loeff S. Persistence of innovation in Dutch manufacturing: Is it spurious?. Rev. Econ. Stat. 2010, 92:495-504.
53. Salies E. A test of the Schumpeterian hypothesis in a panel of European electric utilities. Innovation, Economic Growth and the Firm 2010, Edward Elgar Publishing. J.L. Gaffard, E. Salies (Eds.).
54. Salies E., Nesta L. Libéralisation et dépÔts de brevets verts des utilités électriques en Europe. Documents de Travail de l'OFCE No. 2010-21 2010, Observatoire Francais des Conjonctures Economiques (OFCE).
55. Sanyal P. The effect of deregulation on environmental research by electric utilities. J. Regul. Econ. 2007, 31:335-353.
56. Sanyal P., Cohen L.R. Powering progress: restructuring, competition, and R&D in the U.S. Electric Utility Industry. Energy J. 2009, 30:41-79.
57. Sanyal P., Ghosh S. Product market competition and upstream innovation: evidence from the U.S. electricity market deregulation. Rev. Econ. Stat. 2013, 95:237-254.
58. Savignac F. Impact of financial constraints on innovation: what can be learned from a direct measure?. Econ. Innovation New Technol. 2008, 17:553-569.
59. Segarra A. Innovation and productivity in manufacturing and service firms in Catalonia: a regional approach. Econ. Innovation New Technol. 2010, 19:233-258.
60. Sterlacchini A. Energy R&D in private and state-owned utilities: an analysis of the major world electric companies. Energy Policy 2012, 41:494-506.