Title :
Government regulation effects on the direction of innovation: A focus on performance standards
Author_Institution :
Dept. of Management, Worcester Polytech. Inst., Worcester, MA, USA
Abstract :
The paper shows how regulations result in some innovations being encouraged (in fact necessitated), while others are thwarted. What is highlighted is that innovation is `bent´ by regulation. The paper suggests a future study that examines the extent of the ripple effect-regulation effects upon Firm A (supplier), Firm B (supplier to A), and the effect on users.
Keywords :
commerce; economics; government regulations; innovation; ripple effect; Chemicals; Environmentally friendly manufacturing techniques; Government; Industries; Pollution; Safety; Technological innovation;
Journal_Title :
Engineering Management, IEEE Transactions on
DOI :
10.1109/TEM.1977.6447245
