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The impact of policy consistency on technological competitiveness: A study on OECD countries

Jungsub Yoon, Yoonhwan Oh and Jeong-Dong Lee ()

Energy Policy, 2017, vol. 108, issue C, 425-434

Abstract: This study investigates the impact of policy consistency on technological competitiveness using patent citation analysis. Policy support plays a key role in promoting firms’ investment in research and development (R&D) activities, especially in emerging sectors. Policy consistency increases technological competitiveness, since it encourages firms to invest in R&D activities. Although previous studies argue policy design and characteristics, few deal with policy consistency, and they lack a quantitative measure of policy consistency and explanation of its effects. Therefore, this study proposes the quantitative indexes for policy consistency and potential technological competitiveness.

Keywords: Policy consistency; Technological competitiveness; Renewable energy; Patent citation analysis (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1016/j.enpol.2017.06.013

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