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Technology Stocks : The *NEW* Frank Coluccio Technology Forum
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To: axial who wrote (35242)8/30/2010 11:48:48 PM
From: Frank A. Coluccio  Read Replies (3) of 46821
 
How to Speed Up Energy Innovation - A Q&A with Rebecca Henderson

By Julia Hanna | HBS Working Knowledge | August 9, 2010

"I believe energy is the problem of our time."

Is there a special sauce for stimulating innovation in the energy sector, a concoction to spur cost-effective developments toward solving the climate change problem?

HBS professor Rebecca Henderson doesn't claim to know all the ingredients for that special sauce. But as someone who has spent a career studying technological change, Henderson has observed trends and common traits across a variety of industries.

And her message is optimistic. Moving to clean energy "is not hopeless at all. We've hardly started to invest in energy innovation."

In a forthcoming book to be published by the National Bureau of Economic Research in association with the University of Chicago Press, Accelerating Innovation in Energy: Insights from Multiple Sectors, Henderson and coauthor Richard G. Newell explore the histories of innovation in four sectors of the U.S. economy that have experienced enormous change and growth: agriculture, chemicals, life sciences, and information technology.

By examining the intersecting roles played by the federal government, public policy, and the private sector to encourage innovation in these industries, the authors establish a clearer pathway to what it will take to drive the magnitude of change needed in the field of energy.

Q&A: hbswk.hbs.edu

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