IDEAS home Printed from https://ideas.repec.org/p/ags/pugtwp/331023.html
   My bibliography  Save this paper

Comparative Analysis of Institutional Elasticity on the Effect of Technology Policy - Comparison of Diffusion Trajectory of PV Technology in Japan, the USA and Europe

Author

Listed:
  • Watanabe, Chihiro
  • Asgari, Behrooz
  • Zhu, Bing

Abstract

Technological innovation and its diffusion are subject to institutional systems, more specifically, institutional elasticity. Since institution is a coherent entity indigenous to a nation, a comparative analysis of institutional elasticity and its impacts on technological innovation and diffusion could provide significant suggestions to technology policy. Based on this expectation, this paper attempts a comparative analysis of institutional elasticity for maximizing effects of technology policy between Japan, the USA and Europe focusing on energy technology. Through an empirical analysis on the diffusion process of photovoltaic power generation (PV), the following five postulates are demonstrated, thereby suggestive policy implications are extracted: (i) Institutional innovation (institutions play significant role in stimulating innovations and their diffusion); (ii) Functionality development (the state of innovations and their diffusion can be represented by the trends in functionality development); (iii) Institutional elasticity (trends in functionality development is sensitive to institutions, particularly their elasticity); (iv) Dynamic carrying capacity (functionality development can be traced by the trends in dynamic carrying capacity in a logistic technology diffusion process); and (v) Trajectory of PV development (development of the trajectory of PV using logistic growth within a dynamic carrying capacity approach could provide a good insight of institutional elasticity for maximizing the effect of energy technology policy).

Suggested Citation

  • Watanabe, Chihiro & Asgari, Behrooz & Zhu, Bing, 2002. "Comparative Analysis of Institutional Elasticity on the Effect of Technology Policy - Comparison of Diffusion Trajectory of PV Technology in Japan, the USA and Europe," Conference papers 331023, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:331023
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/331023/files/889.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:pugtwp:331023. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/gtpurus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.