Download or read book The Impact of Rate of Return Regulation on Technological Innovation written by Mark W. Frank and published by Routledge. This book was released on 2017-05-15 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contends that various forms of regulation have costs as well as benefits and it examines the impact of government regulation on the innovativeness of ’monopolies’ - in this book meaning firms with the power to affect market price. The government regulation analyzed in this case is limited to rate-of-return regulation. Using theoretical models such as the Averch-Johnson model and a two-stage Nash equilibrium model, this volume examines whether regulated monopolies engage in more or less technological innovation than unregulated monopolies. Furthermore, if the unregulated (or less regulated) monopolies do engage in more research and development than regulated ones, it questions whether social welfare would be greater with the former. Using a case study of ten privately-owned electric utilities in the State of Texas, USA, it then tests out the general propositions brought forward by the theoretical modelling and finally makes its conclusions taking into consideration both theoretical and empirical findings.
Download or read book The Impact of Technological Change on Regulation written by Harold Ware and published by . This book was released on 1978 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effects of Rapid Technological Change on Regulatory Policies in the Communications Sector written by Robert Crandall and published by . This book was released on 2018 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Predicting what future changes in technology may occur is often an impossible endeavor. Designing effective regulatory policies around changing technologies is even more difficult, as it requires understanding how those changes may alter market conditions that often render such policies obsolete or even counterproductive. This report draws on a sizable history of past regulatory and antitrust interventions whose results demonstrate that:• In a fast-changing industry, it is often very difficult to predict developments that dramatically change the market.• In industries characterized by rapid technological change, regulation often leads to counterproductive constraints on firms. Moreover, history shows that such counterproductive regulations are often hard to lift and stay in place for a long time.• The wireless industry is in the midst of a major technological change, a move to 5G, and competitors have already successfully entered with new business models (cable companies, DISH, and others, including Google and other tech companies). As a result, predicting future market conditions is particularly difficult.• Therefore, at this time the regulators should be particularly cautious intervening.
Download or read book Government Policy and Program Impacts on Technology Development Transfer and Commercialization written by Kimball Marshall and published by Routledge. This book was released on 2013-02-01 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, government-funded technologies have produced radar, microwave ovens, modern cell phone systems, the Internet, new materials for aircraft and motor vehicles, and new medical instrumentation. This first-of-its-kind book examines how access to technology is affected by government policies and government-sponsored programs. Government Policy and Program Impacts on Technology Development, Transfer, and Commercialization: International Perspectives provides an easy-to-read overview of the field and several studies serving as examples to guide government policymakers and private sector decision makers. This forward-looking book also forecasts the potential impacts of government regulation upon the field and presents provocative discussions of the ethical implications of the cross-cultural and cross-national challenges facing technologically developed nations in the global economy. This book reviews this broad field by first providing an overview of the goals of government technology policies and programs as well as of generic types of government technology programs. Next, it presents carefully selected studies that illustrate the potential impacts of government decisions upon marketing constraints, industry acceptance of regulatory requirements, economic development, gross domestic product, and the choices firms make when it comes to location, competitiveness, product development, and other factors. The final chapters explore ethical considerations from a global perspective. These chapters also explore the implications of these considerations in relation to the success of governmental and private sector technology transfer and commercialization programs. The macromarketing perspective taken by the contributors serves to ground the impacts of government technology policies and programs in practical implications for economic development, business productivity, and quality of life. The contributors to this unique collection share their expertise on government sponsorship of technology research, the impact of government regulation upon technology marketing and economic development, the effects of government policies on business practices, intellectual property rights, and much more. Government Policy and Program Impacts on Technology Development, Transfer, and Commercialization shows how evolving technology and government policy changes have affected: the commercialization of music—new media, piracy problems, consumer choices and costs, and changes in the radio and concert promotion industries the adoption of new household technology licensure requirements for telemedicine—with an essential overview of telemedicine plus examinations of relevant governmental regulations and potential applications patents, copyrights, trademarks, licensing, and proprietary information scrap tire disposal—new alternatives for a chronic waste disposal problem food product development state-owned enterprises—with a case study illustrating how a stagnant state-owned company quickly evolved into China’s leading firm in the textile machinery field
Download or read book Changing the Rules written by Robert W. Crandall and published by Brookings Institution Press. This book was released on 1989 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this book were first presented at a conference organized by Robert Crandall and Kenneth Flamm, pulling together a group of industry professionals and scholars to address the far-reaching implications of the upheaval in the communications industry.
Download or read book The Impact of Technological Change on Law written by Lyria Kay Bennett Moses and published by . This book was released on 2008 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Thesis explores the relationship between technological change and legal rules. It identifies the types of difficulties encountered as technology changes and explores means that might be employed to minimise these difficulties. As technology changes, there are four types of legal dilemmas that might arise: (1) there may be a need for laws to ban, restrict or, alternatively, encourage a new technology; (2) there may be uncertainty in the application of existing legal rules to new practices; (3) existing rules may be over-inclusive or under-inclusive when applied to new practices; and (4) existing rules may become obsolete.
Download or read book Technological Change and the Environment written by Arnulf Grübler and published by Routledge. This book was released on 2010-09-30 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much is written in the popular literature about the current pace of technological change. But do we have enough scientific knowledge about the sources and management of innovation to properly inform policymaking in technology dependent domains such as energy and the environment? While it is agreed that technological change does not 'fall from heaven like autumn leaves,' the theory, data, and models are deficient. The specific mechanisms that govern the rate and direction of inventive activity, the drivers and scope for incremental improvements that occur during technology diffusion, and the spillover effects that cross-fertilize technological innovations remain poorly understood. In a work that will interest serious readers of history, policy, and economics, the editors and their distinguished contributors offer a unique, single volume overview of the theoretical and empirical work on technological change. Beginning with a survey of existing research, they provide analysis and case studies in contexts such as medicine, agriculture, and power generation, paying particular attention to what technological change means for efficiency, productivity, and reduced environmental impacts. The book includes a historical analysis of technological change, an examination of the overall direction of technological change, and general theories about the sources of change. The contributors empirically test hypotheses of induced innovation and theories of institutional innovation. They propose ways to model induced technological change and evaluate its impact, and they consider issues such as uncertainty in technology returns, technology crossover effects, and clustering. A copublication o Resources for the Future (RFF) and the International Institute for Applied Systems Analysis (IIASA).
Download or read book Accounting for Technological Change in Regulatory Impact Analyses written by and published by . This book was released on 2013 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regulatory impact assessment is formally required by the U.S. and many other nations in order to help governments weigh the costs and benefits of proposed regulations, particularly as they compare to those of alternative actions and other government priorities. 1 One of the "best practices" of regulatory impact assessments, as established by the OECD, is to use estimates of costs that are grounded in economic theory. Economic theory indicates that changes in compliance costs should be expected over time as a result of factors related to technological innovation. But many U.S. regulatory impact assessments have traditionally employed a practice that is in conflict with this expectation: they take current estimates of the costs of complying with a proposed regulation and project that those costs will remain unchanged over the full time period that the regulation would be in effect.
Download or read book Technological Change in Regulated Industries written by William M. Capron and published by Brookings Institution Press. This book was released on 1971 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conference report on the influence of price and profit regulation on technological change and Innovation in industry in the USA - comprises a record of discussion on the nature and effects of regulatory decisions and industrial policy implications, examines the impact on enterprises operating under monopoly conditions and covers the electric power industry, telecommunications, civil air transport and surface goods transport. References and statistical tables. Conference held in Washington 1969 feb.
Download or read book Globalization of Technology written by Proceedings of the Sixth Convocation of The Council of Academies of Engineering and Technological Sciences and published by National Academies Press. This book was released on 1988-02-01 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The technological revolution has reached around the world, with important consequences for business, government, and the labor market. Computer-aided design, telecommunications, and other developments are allowing small players to compete with traditional giants in manufacturing and other fields. In this volume, 16 engineering and industrial experts representing eight countries discuss the growth of technological advances and their impact on specific industries and regions of the world. From various perspectives, these distinguished commentators describe the practical aspects of technology's reach into business and trade.
Download or read book Keeping Pace with Change Fintech and the Evolution of Commercial Law written by International Monetary Fund and published by International Monetary Fund. This book was released on 2022-01-27 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note explores the interactions between new technologies with key areas of commercial law and potential legal changes to respond to new developments in technology and businesses. Inspired by the Bali Fintech Agenda, this note argues that country authorities need to closely examine the adequacy of their legal frameworks to accommodate the use of new technologies and implement necessary legal reform so as to reap the benefits of fintech while mitigating risks. Given the cross-border nature of new technologies, international cooperation among all relevant stakeholders is critical. The note is structured as follows: Section II describes the relations between technology, business, and law, Section III discusses the nature and functions of commercial law; Section IV provides a brief overview of developments in fintech; Section V examines the interaction between technology and commercial law; and Section VI concludes with a preliminary agenda for legal reform to accommodate the use of new technologies.
Download or read book Technical Change and Employment written by Roy Rothwell and published by Burns & Oates. This book was released on 1979 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph analysing the impact of technological change on employment and unemployment trends in various industries in OECD countries, with particular reference to the UK and Canada - considers theoretical aspects and structural changes, and presents case studies, focusing on effects of microelectronics technology. Bibliography pp. 171 to 173, graphs and references.
Download or read book Sustainability and Firms written by Sylvie Faucheux and published by Edward Elgar Publishing. This book was released on 1998 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Expands the concept of sustainable to include not only the environment, but social relations, companies, profit, and competitiveness. On this level playing field, suggests a partnership among business, citizens, and government to set policy. Focuses on such aspects as environmental regulations and foreign direct investment flows within the European Union, technological change for sustainable development, socio-technological innovation, and a thermodynamic analysis. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book The Fourth Industrial Revolution written by Klaus Schwab and published by Currency. This book was released on 2017-01-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
Download or read book An Analysis of the Impact of Technological Change Upon Regulatory Jurisdiction in the Electric Power Industry from 1945 Through 1985 written by James Kenneth Chilton and published by . This book was released on 1967 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact on Small Business Concerns of Government Regulations that Force Technological Change written by Charleswater Associates, Inc and published by . This book was released on 1975 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Governance of Regulators Shaping the Future of Regulators The Impact of Emerging Technologies on Economic Regulators written by OECD and published by OECD Publishing. This book was released on 2020-11-16 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pace and scope of emerging technologies are creating a sea change for governments and for regulators. This report brings together case studies submitted by members of the OECD Network of Economic Regulators that highlight how regulators have analysed and tackled these issues.
