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Regulation as the Mother of Innovation: The Case of SO2 Control.
- Source :
- Law & Policy; Apr2005, Vol. 27 Issue 2, p348-378, 31p
- Publication Year :
- 2005
-
Abstract
- This paper explores the relationship between government actions and innovation in an environmental control technology—sulfur dioxide (SO<subscript>2</subscript>) control technologies for power plants—through the use of complementary research methods. Its findings include the importance of regulation and the anticipation of regulation in stimulating invention; the greater role of regulation, as opposed to public R&D expenditures, in inducing invention; the importance of regulatory stringency in determining technical pathways and stimulating collaboration; and the importance of regulatory-driven technological diffusion in contributing to operating experience and post-adoption innovation in cost and performance. A number of policy implications are drawn from this work. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 02658240
- Volume :
- 27
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- Law & Policy
- Publication Type :
- Academic Journal
- Accession number :
- 16370561
- Full Text :
- https://doi.org/10.1111/j.1467-9930.2005.00203.x