Annals of Public and Cooperative Economics · 2000 · 17 citations · 0 references
Public AffairsEconomicsRegulatory PolicyCompetition PolicyInnovationRegulatory EconomicsElectricity Market RegulationElectricity MarketsElectricity RegulationInnovation CompetitionInnovation PolicyPower Sector EconomicsElectric Power RegulationElectricity Market AnalysisElectricity Market Competition PolicyElectricity Sector ReformInnovation MarketsPower Sector ReformPower Sector RegulationRegulatory Impact On Competition
The aim of this paper is to analyse the impact of the opening of the competitive arena in regulated markets on the nature and intensity of innovation. The cases of the electricity sectors in the USA and England & Wales are taken as examples. The present condition and the evolution of R&D programmes and institutions in the American and English electric sectors are analysed. We show that the current regulatory reforms lead to significant cuts in R&D programmes, especially those focusing on new technological fields.