U. S. energy production activity and innovation

Publication year: 2011
Source: Technological Forecasting and Social Change, In Press, Corrected Proof, Available online 14 June 2011

Michael C., Connelly , J.A., Sekhar

Life-cycle studies provide a comprehensive insight into comparative innovation behavior and innovation constants. In this article a comparison of the life-cycle plots for the production and patent activity is made for US energy production categories. As has been shown previously for material production [TFSC, vol.78, 2011], the two activities may be correlated to such an extent that they may be superimposed to a large degree, for all growth stage except stage IV, simply by an origin-shift. Over ten energy production methods have been studied in this manner for the first time. An origin-shift ratio, OR, (positive or negative lag) describes…

 Highlights: ► This article deals with U.S. data for energy categories and energy materials. ► The Invention to Innovation four life-cycle stages are also found to exist for energy categories. ► The dual nature of Schumpeterian innovation concepts is quantitatively described. ► Innovation enhanced supply is related to the Origin Ratio for assessing the impact of patents during the Stage III (high growth) life. Green Energy and Green Materials are correlated and studied.