Price- and Policy-Induced Innovations: The Case of U.S. Biofuel
Using patent counts and citation data from 1977 to 2011, we explore the determining factors of innovative activities of the U.S. biofuel industry. We take into account both demand-side factorsÑ such as crude-oil price, government R&D expenditure on biofuel, and federal-level support policiesÑand...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Western Agricultural Economics Association
2013-12-01
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Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/165929 |