Presentation is loading. Please wait.

Presentation is loading. Please wait.

Regulatory Impediments to the Commercialization of Stationary Fuel Cells in Ohio: Economic Development Context William M. Bowen Professor, Public Administration.

Published by Modified over 9 years ago

Similar presentations

Presentation on theme: "Regulatory Impediments to the Commercialization of Stationary Fuel Cells in Ohio: Economic Development Context William M. Bowen Professor, Public Administration."— Presentation transcript:

1 Regulatory Impediments to the Commercialization of Stationary Fuel Cells in Ohio: Economic Development Context William M. Bowen Professor, Public Administration and Urban Studies Director, Ph.D. Program in Urban Studies and Public Affairs

2 Regional Economic Development ► Science base -> basic research -> applied research -> invention -> prototype -> development -> commercialization -> adoption and diffusion -> technological progress -> economic growth and development ► A useful conceptualization, but not the whole story (e.g. exogenous capital investment, migration, non-linearities, feedback)

3 Two Categories of Impediments to Regional Economic Development ► Upstream: constraints upon science base - > basic research -> applied research -> invention -> prototype -> technological development ► Downstream: constraints upon adoption and diffusion of innovation

4 Downstream Impediments ► Lack of entrepreneurs ► Lack of supportive social milieu (cultural, institutional and educational system) conducive to entrepreneurship ► Legal framework, incentives, information flows, property rights, contracts, regulations ► Social rules, conventions, and other elements of the structural framework of social interactions

5 Percent of Industry Adopting Technology 0 100 Time Initial Innovation The Effect of Downstream Impediments Adoption rate in presence of impediments Adoption rate in absence of impediments

6 The Current Situation in Ohio ► Ohio is relatively more effective at the upstream aspects of economic development (innovation) than at the downstream (adoption of innovation) ► Nationally, Cleveland ranked much higher in innovations (#10) than in entrepreneurship (#23). Akron ranked #23 in innovations and #34 in entrepreneurship.

7 Summary ► Ohio aims for industrial leadership in AET – we need to establish markets ► Requires not only investment in R&D but also removal of downstream impediments ► Now is the time ► A regulatory system working perfectly? A system in need of fine tuning? Or a system in need of an overhaul?

Download ppt "Regulatory Impediments to the Commercialization of Stationary Fuel Cells in Ohio: Economic Development Context William M. Bowen Professor, Public Administration."

Similar presentations

1 A. Introduction 1.Object of study: firms, markets and systems; structures and behaviour 1.1. Object of the Firm and Industrial Economics 1.2. Basic concepts.

1 A. Introduction 1.Object of study: firms, markets and systems; structures and behaviour 1.1. Object of the Firm and Industrial Economics 1.2. Basic concepts.
HIGHER EDUCATION POLICY-BUILDING IN THE KURDISTAN REGION OF IRAQ: PERCEPTIONS OF UNIVERSITY REPRESENTATIVES Namam Palander Master of Arts Sociology in.

HIGHER EDUCATION POLICY-BUILDING IN THE KURDISTAN REGION OF IRAQ: PERCEPTIONS OF UNIVERSITY REPRESENTATIVES Namam Palander Master of Arts Sociology in.
Analysis of Governance in Agriculture – A conceptual Framework and Applications Suresh Babu International Food Policy Research Institute, Washington DC.

Analysis of Governance in Agriculture – A conceptual Framework and Applications Suresh Babu International Food Policy Research Institute, Washington DC.
What Role for Entrepreneurship in Economic Development? Peter J. Boettke 2004 Hayek Fellow, LSE Oxford University October 12, 2004.

What Role for Entrepreneurship in Economic Development? Peter J. Boettke 2004 Hayek Fellow, LSE Oxford University October 12, 2004.
Charles D. Smith, Ph.D. April, 2012.

Charles D. Smith, Ph.D. April, 2012.
1 Managing IP in Knowledge-based Development International cooperation to improve framework conditions in catching-up economies Ralph Heinrich UNECE Team.

1 Managing IP in Knowledge-based Development International cooperation to improve framework conditions in catching-up economies Ralph Heinrich UNECE Team.
Regulatory Barriers to the Adoption and Diffusion of Stationary Fuel Cells in Ohio William M. Bowen Professor, Public Administration and Urban Studies.

Regulatory Barriers to the Adoption and Diffusion of Stationary Fuel Cells in Ohio William M. Bowen Professor, Public Administration and Urban Studies.
Ari Kokko Industrial policy Why? How? Examples: EU Industrial Policy and Swedish Industrial Policy Sources www.europa.eu.int/pol/index-en.htm www.naring.regeringen.se/inenglish.

Ari Kokko Industrial policy Why? How? Examples: EU Industrial Policy and Swedish Industrial Policy Sources
Prepared for the Globelics Academy

Prepared for the Globelics Academy
Strategic Entrepreneurship: US Environment & Reality Demetri Kantarelis, Ph.D. Professor of Economics Department of Economics & Global Studies Assumption.

Strategic Entrepreneurship: US Environment & Reality Demetri Kantarelis, Ph.D. Professor of Economics Department of Economics & Global Studies Assumption.
3rd Eurasian Corporate Governance Roundtable Shareholder Rights, Equitable Treatment and the Role of the State April 17-18, 2002 hosted by Securities and.

3rd Eurasian Corporate Governance Roundtable Shareholder Rights, Equitable Treatment and the Role of the State April 17-18, 2002 hosted by Securities and.
ROLE OF SCIENCE AND TECHNOLOGY PARKS IN INDUSTRIALIZATION Isaac O. Nyambok University of Nairobi.

ROLE OF SCIENCE AND TECHNOLOGY PARKS IN INDUSTRIALIZATION Isaac O. Nyambok University of Nairobi.
Overview Summary from Africa and ASEAN assistance Dr. Peter Pembleton, UNIDO.

Overview Summary from Africa and ASEAN assistance Dr. Peter Pembleton, UNIDO.
Horizon 2020 Some reflections from a business perspective Dr Jan-Eric Sundgren Executive Vice President, Volvo Group Chairman of the Associate Group European.

Horizon 2020 Some reflections from a business perspective Dr Jan-Eric Sundgren Executive Vice President, Volvo Group Chairman of the Associate Group European.
Beyond Financing A Game Changer in Shaping and Sustaining High Growth Entrepreneurs Hussein A. A. Al- Mehdar, Executive Director CACISLAMIC BANK.

Beyond Financing A Game Changer in Shaping and Sustaining High Growth Entrepreneurs Hussein A. A. Al- Mehdar, Executive Director CACISLAMIC BANK.
Establishment of one-stop-shop in Tartu Science Park: state of the art and first tasks to be undertaken Sven Illing ICHNOS Plus project manager, Tartu.

Establishment of one-stop-shop in Tartu Science Park: state of the art and first tasks to be undertaken Sven Illing ICHNOS Plus project manager, Tartu.
Regulatory Administrative Institutions MPA 517 Lecture-8 1.

Regulatory Administrative Institutions MPA 517 Lecture-8 1.
INTERNATIONAL POLICY CONFERENCE “COMPETITIVENESS & DIVERSIFICATION: STRATEGIC CHALLENGES IN A PETROLEUM- RICH ECONOMY” National Systems of Innovation (NSI):

INTERNATIONAL POLICY CONFERENCE “COMPETITIVENESS & DIVERSIFICATION: STRATEGIC CHALLENGES IN A PETROLEUM- RICH ECONOMY” National Systems of Innovation (NSI):
Www.wfer2015.net www.wfer2015.org. Regulatory Transparency and Interaction with the Government Dr. Konstantin Petrov Head of Section, Policy and Regulation.

Regulatory Transparency and Interaction with the Government Dr. Konstantin Petrov Head of Section, Policy and Regulation.
THE REAL ESTATE EDUCATION IN THE UNIVERSITY OF THE WEST TIMIŞOARA Prof. Alexandru Buglea, Ph.D. University of the West, Timişoara University of the West,

THE REAL ESTATE EDUCATION IN THE UNIVERSITY OF THE WEST TIMIŞOARA Prof. Alexandru Buglea, Ph.D. University of the West, Timişoara University of the West,

Similar presentations

Ads by Google