Graduate Program
Economics
Degree Name
Master of Arts (MA)
Semester of Degree Completion
2008
Thesis Director
Unknown
Thesis Committee Member
Unknown
Thesis Committee Member
Unknown
Abstract
Energy is the largest industry on the planet and necessary for the sustainability of life. As the world's stores of nonrenewable-energy begin to deplete at an increasing rate, the research on feasible sources of renewable-energy becomes essential. The objective of this study is to evaluate the relationship between federal funding for activities of energy research and development for renewable-energy sources and the resulting number of renewable-energy patent applications. Panel and ordinary least squares estimations are applied. Data consists of nineteen countries spanning the years from 1985 through 1997. Results indicate a weak and statistically insignificant relationship between federal renewable-energy R&D and renewable-energy patent applications. Explanations for this weak relationship - including inadequate levels of federal renewable-energy R&D funding and barriers associated with the implementation of renewable-energy technologies - are considered.
Recommended Citation
Johnson, Darrin B., "Federal Renewable-Energy Research And Development Funding And Innovation" (2008). Masters Theses. 200.
https://thekeep.eiu.edu/theses/200
