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DOI | 10.1016/j.enpol.2017.09.044 |
Deregulation, market competition, and innovation of utilities: Evidence from Japanese electric sector | |
Wang, Nan1,3; Mogi, Gento2,4 | |
2017-12-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2017 |
卷号 | 111 |
文章类型 | Article |
语种 | 英语 |
国家 | Japan |
英文摘要 | This paper explores the determinants of electric utility innovation, and examines the impact of electric sector deregulation and market competition on it using a balanced panel database of nine Japanese utilities from 1978 to 2014. Both input (R&D expenditure) and output (patent application number and patent quality) aspects of innovations are examined. The empirical results indicate that deregulation and market competition decrease the former, but increase the latter. These results are followed by a discussion on why this scenario occurs. The results also suggest that, after deregulation, utilities focus more on short-term, business-oriented R & D projects. Hence, we call for governments to support long-term, public-oriented, and environmental research in the electric sector. |
英文关键词 | Deregulation Utility innovation R & D expenditure Patent |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000415779700041 |
WOS关键词 | RESEARCH-AND-DEVELOPMENT ; REGULATORY REFORMS ; UNITED-STATES ; ENERGY ; US ; INVESTMENT ; INDUSTRY ; POWER ; LIBERALIZATION ; TECHNOLOGY |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/16731 |
专题 | 气候变化 |
作者单位 | 1.Res Inst Innovat Technol Earth, Syst Anal Grp, Kizugawa, Japan; 2.Univ Tokyo, Sch Engn, Dept Technol Management Innovat, Tokyo, Japan; 3.9-2 Kizugawadai, Kizugawa, Kyoto 6190292, Japan; 4.7-3-1 Hongo,Bunkyo Ku, Tokyo 1138656, Japan |
推荐引用方式 GB/T 7714 | Wang, Nan,Mogi, Gento. Deregulation, market competition, and innovation of utilities: Evidence from Japanese electric sector[J]. ENERGY POLICY,2017,111. |
APA | Wang, Nan,&Mogi, Gento.(2017).Deregulation, market competition, and innovation of utilities: Evidence from Japanese electric sector.ENERGY POLICY,111. |
MLA | Wang, Nan,et al."Deregulation, market competition, and innovation of utilities: Evidence from Japanese electric sector".ENERGY POLICY 111(2017). |
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