Technology-forcing policies are one of several measures governments can use 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. In a case study of California's Zero-Emissions Vehicle regulations and their impact on electric vehicle technology development, the authors find that patents, when embedded within a global industrial perspective, can be used to analyze technology-forcing policies, which provides a helpful tool for policymakers gauging effectiveness of these types of regulations.
Using Patents and Prototypes as Preliminary Indicators of Technology-Forcing Policies: Lessons from California’s Zero Emission Vehicle Regulations
- Volume or issue no.: La Follette School Working Paper No. 2015-002
- Author(s): William Sierzchula and Gregoy Nemet
- Link to publication: Download PDF
- Client Name: Illinois Sentencing Policy Advisory Council