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Implications for Energy Innovation from the Chemical Industry

In: Accelerating Energy Innovation: Insights from Multiple Sectors

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  • Ashish Arora
  • Alfonso Gambardella

Abstract

The history of innovation in the chemical industry offers many insights for accelerating energy innovation. In this chapter, we begin by laying out the early history of the chemical industry for an overview of the role innovation has played in its development. We then explore three noteworthy historical experiences. We describe the switch in feedstocks from coal to oil, and briefly analyze two government programs that have attempted to promote innovation: synthetic rubber and synfuels. We take a close look at the role that specialized engineering firms have played in the diffusion of important innovations, and we detail the effect that government policies have had on fostering innovation. In particular, we highlight the role of anti-trust policies, and of policies for protecting intellectual property rights.

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This chapter was published in:

  • Rebecca M. Henderson & Richard G. Newell, 2011. "Accelerating Energy Innovation: Insights from Multiple Sectors," NBER Books, National Bureau of Economic Research, Inc, number hend09-1, octubre-d.
    This item is provided by National Bureau of Economic Research, Inc in its series NBER Chapters with number 11751.

    Handle: RePEc:nbr:nberch:11751

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    1. Cohen, L. & Noll, R., 1989. "Synthetic Fuels From Coal," Papers 89-11, California Irvine - School of Social Sciences.
    2. Ashish Arora & Andréa Fosfuri, 2000. "The Market for Technology in the Chemical Industry : Causes and Consequences," Revue d'Économie Industrielle, Programme National Persée, vol. 92(1), pages 317-334.
    3. repec:cup:cbooks:9780521684156 is not listed on IDEAS
    4. Arora, Ashish & Fosfuri, Andrea, 1999. "Licensing the Market for Technology," CEPR Discussion Papers 2284, C.E.P.R. Discussion Papers.
    5. David, Paul A, 1990. "The Dynamo and the Computer: An Historical Perspective on the Modern Productivity Paradox," American Economic Review, American Economic Association, vol. 80(2), pages 355-61, May.
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    Cited by:
    1. Antonelli Cristiano & Gehringer Agnieszka, 2013. "Demand pull and technological flows within innovation systems: the intra-European evidence," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201303, University of Turin.

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