Innovation trends in electricity storage: What drives global innovation?

被引:7
|
作者
Feng, Siyu [1 ]
Lazkano, Itziar [1 ]
机构
[1] Univ Wisconsin, Dept Econ, Milwaukee, WI 53201 USA
关键词
Energy storage; Innovation; Electricity; KNOWLEDGE SPILLOVERS; ENERGY-EFFICIENCY; COUNT DATA; IMPACT; POLICY; PATENTS; PRICES; MODELS; TRADE;
D O I
10.1016/j.enpol.2022.113084
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using patent data from 1978 to 2019 across 1881 regions, we estimate the main determinants of innovation in energy storage. Our results highlight the role of energy prices and past innovation in shaping innovation. Specifically, a one-unit increase in electricity prices leads to a 15.54% reduction in the ratio of storage to electricity generation patents. We also find evidence on the significance of past innovation in shaping the direction of current innovation. These results imply the need for a combination of energy policies and innovation policies to boost innovation in energy storage.
引用
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页数:24
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