Title:
How regulation influences innovation: an indicator based approach for the case of renewable energy technologies

dc.contributor.author Walz, Rainer
dc.contributor.author Schleich, Joachim
dc.contributor.author Ragwitz, Mario
dc.contributor.corporatename Fraunhofer-Institut für Systemtechnik und Innovationsforschung en_US
dc.date.accessioned 2011-07-16T15:05:39Z
dc.date.available 2011-07-16T15:05:39Z
dc.date.issued 2008-09
dc.description Presented at the GLOBELICS 6th International Conference 2008 22-24 September, Mexico City, Mexico. en_US
dc.description.abstract Regulation is especially important for infrastructure systems which are characterised by a triple regulation challenge in the fields of spillovers of R&D, environmental protection, and access to monopolistic bottlenecks. The paper starts from a system of innovation approach and distinguishes different innovation functions. The effect of regulation on innovation depends on how regulation influences these functions. An important role can be assigned towards regulation at the demand side of the technology markets. This paper analyses the relationship between regulation and innovation on an indicator based empirical base. Patents as an intermediate innovation indicator, and the success in international trade as an output-oriented indicator are used for measuring innovations. The results show an above average innovation dynamics of the renewable energy technologies. The technological capabilities of the countries differ, depending on the technology analysed. This underlines the need for a technology specific analysis. In general, countries use both traditional technology policies on the supply side such as R&D subsidies but also demand oriented policies such as feed-in-tariffs or quota systems. Proxies for regulatory indicators are developed indicating the level of regulatory activity for each country. Furthermore, a policy indicator of innovation friendliness of regulation is constructed, which reflects expert opinions on how the regulation in the countries affects additional innovation functions. An econometric analysis which matches the re-sults of the policy analysis with the outcome of the innovation indicator analysis shows that R&D subsidies, diffusion of the technologies as a result of demand side regulation, capabilities in complementary sectors and the policy indicator are important determinants for the development of the innovation activities. en_US
dc.identifier.uri http://hdl.handle.net/1853/39796
dc.language.iso en_US en_US
dc.publisher Georgia Institute of Technology en_US
dc.relation.ispartofseries GLOBELICS 06. Innovation and Sustainable Systems: Insights for policy issues
dc.subject Innovation and regulation en_US
dc.subject Sectoral and technological systems of innovation en_US
dc.subject Renewable energy en_US
dc.subject Infrastructure systems en_US
dc.subject Feed-in-tariffs en_US
dc.subject Climate policy en_US
dc.subject Electric utility regulation en_US
dc.subject Innovation policy en_US
dc.title How regulation influences innovation: an indicator based approach for the case of renewable energy technologies en_US
dc.type Text
dc.type.genre Proceedings
dspace.entity.type Publication
local.contributor.corporatename School of Public Policy
local.contributor.corporatename Ivan Allen College of Liberal Arts
local.relation.ispartofseries Globelics Conference
relation.isOrgUnitOfPublication a3789037-aec2-41bb-9888-1a95104b7f8c
relation.isOrgUnitOfPublication b1049ff1-5166-442c-9e14-ad804b064e38
relation.isSeriesOfPublication 9bcdf48e-4586-4550-b033-2063df2fe342
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