Innovation Dynamics and Policy in the Energy Sector: Building Global Energy Markets, Institutions, Public Policy, Technology and Culture on the Texan Innovation Example

Innovation Dynamics and Policy in the Energy Sector (PDF) discusses the process and future of global innovation in the energy sector centered on the innovation leadership example of Texas. The ebook proposes that the positive dynamics of Texas energy sector innovations arise from a confluence of factors, including the management of technological change, supportive institutions, competitive markets, intraindustrial collaboration, astute public policy, a cultural focus on change and risk-taking, and natural resource abundance. Heavily case-study emphasized chapters review the fundamental drivers of innovation, from key discoveries at Spindletop; the propagation of oil production through major field development; through electric sector deregulation; and the latest innovation in hydraulic fracking, renewable integration, and carbon capture.

The textbook closes to argue that sustainable global innovation addressing the twin challenges of climate change and the energy transition must be run by the promotion of competition and risk-taking which continually encourages the development of ideas, a process jointly funded by the private and public sectors and supported by collaborative and competitive institutions.

978-0128238134, 978-0128241929

• Consolidates current research and practice linked to innovation from the perspectives of established (economics and engineering) and emergent (innovation economics and econometrics) disciplines.
• Establishes the crucial impact of constructive energy policy, energy technology, and power markets in cultural settings that welcome change and risk-taking and proposes them as pivotal factors in building sustainable innovation.
• Evaluates the fundamental drivers of energy innovation and observe each driver through 10 main episodes in the Texas energy innovation experience, inclusive of guidance to the international research community based on their model.

NOTE: The product only includes the ebook Innovation Dynamics and Policy in the Energy Sector: Building Global Energy Markets, Institutions, Public Policy, Technology and Culture on the Texan Innovation Example in PDF. No access codes are included.