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Trends and determinants of energy innovations: patents, environmental policies and oil prices

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  • Alessandro Sterlacchini

Abstract

This paper examines the relationship between energy innovations, environmental policies and oil prices. With a panel of 19 OECD countries over the period 1990–2013, we test how the stringency of environmental policies has affected the intensity of energy patents, while controlling for the effect of oil prices and other country-level variables. We found that the overall level of policy stringency has exerted a more significant impact than individual country measures. Moreover, the recent reduction of energy patenting is discussed, especially in the light of the staggering drop of oil prices.

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  • Alessandro Sterlacchini, 2020. "Trends and determinants of energy innovations: patents, environmental policies and oil prices," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 23(1), pages 49-66, January.
    • Handle: RePEc:taf:jecprf:v:23:y:2020:i:1:p:49-66
    DOI: 10.1080/17487870.2019.1565410
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    Cited by:

    1. Serenella Caravella & Valeria Costantini & Francesco Crespi, 2021. "Mission-Oriented Policies and Technological Sovereignty: The Case of Climate Mitigation Technologies," Energies, MDPI, vol. 14(20), pages 1-16, October.
    2. Grażyna Wojtkowska-Łodej & Elżbieta Jakubów, 2022. "The Role of Clean Generation Technologies in the Energy Transformation in Poland," Energies, MDPI, vol. 15(13), pages 1-18, July.
    3. Viviana Fernandez, 2021. "Cross-country concentration and specialization of mining inventions," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(8), pages 6715-6759, August.
    4. Paulius Šūmakaris & Renata Korsakienė & Deniss Ščeulovs, 2021. "Determinants of Energy Efficient Innovation: A Systematic Literature Review," Energies, MDPI, vol. 14(22), pages 1-20, November.
    5. Wang, Jun-Zhuo & Feng, Gen-Fu & Yin, Hua-Tang & Chang, Chun-Ping, 2023. "Toward sustainable development: Does the rising oil price stimulate innovation in climate change mitigation technologies?," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 569-583.
    6. Salman Sarwat & Muhammad Kashif & Muhammad Aqil & Farhan Ahmed, 2019. "Determination of Causality in Prices of Crude Oil," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 298-304.
    7. Tomasz Kijek & Arkadiusz Kijek & Piotr Bolibok & Anna Matras-Bolibok, 2021. "The Patterns of Energy Innovation Convergence across European Countries," Energies, MDPI, vol. 14(10), pages 1-17, May.
    8. Maria Urbaniec & Justyna Tomala & Sergio Martinez, 2021. "Measurements and Trends in Technological Eco-Innovation: Evidence from Environment-Related Patents," Resources, MDPI, vol. 10(7), pages 1-17, June.

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