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• W2001911478 abstract "Electricity sector liberalisation has coincided with a significant decline in R&D spending. This paper reviews the industrial organisation literature on R&D and innovation to explore the likely causes of the decline in R&D spending in the electricity sector. Meanwhile, R&D productivity and innovative outputs in utilities and equipment suppliers appear to have improved. However, a lasting decline in R&D expenditure can have a negative long-term effect on technological progress and innovation in the sector. We conclude that the decline in R&D could have been predicted from the literature. We also discuss the need to reorient the post-liberalisation technology policy." @default.
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• W2001911478 date "2008-07-01" @default.
• W2001911478 modified "2023-10-11" @default.
• W2001911478 title "Liberalisation and R&D in network industries: The case of the electricity industry" @default.
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• W2001911478 doi "https://doi.org/10.1016/j.respol.2008.04.010" @default.
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