EconPapers    
Economics at your fingertips  
 

Using patents and prototypes for preliminary evaluation of technology-forcing policies: Lessons from California's Zero Emission Vehicle regulations

William Sierzchula and Gregory Nemet ()

Technological Forecasting and Social Change, 2015, vol. 100, issue C, 213-224

Abstract: Technology-forcing policies are one of several measures that governments have at their disposal in order to address market failures arising from knowledge spillover and pollution externalities. However due to uncertainty and information asymmetry, pre-commercial evaluation of these policies can be difficult, especially for radically novel technologies. We use a case study of California's Zero-Emission Vehicle (ZEV) regulations and their impact on electric vehicle technology development by the 21 largest auto manufacturers 1991–2013 to determine whether patents and prototypes are valid preliminary indicators to evaluate the effectiveness of technology-forcing policies. In order to better understand automaker R&D activity, it was necessary to include a global perspective. The results show that patents, when embedded within a global industrial perspective, can be used to analyze technology-forcing policies, which provides a helpful tool for policy makers gauging the effectiveness of these types of regulations in pre-commercial or early market environments.

Keywords: Public policy; Technology adoption; Electric vehicles; Eco-innovation (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0040162515002127
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:100:y:2015:i:c:p:213-224

Access Statistics for this article

Technological Forecasting and Social Change is currently edited by Fred Phillips

More articles in Technological Forecasting and Social Change from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-03-31
Handle: RePEc:eee:tefoso:v:100:y:2015:i:c:p:213-224