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Public R&D and commercialization of energy-efficient technology: A case study of Japanese projects

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  • Kimura, Osamu

Abstract

Are public R&D programs really effective in developing innovative technologies? How many technologies developed in these programs have been successfully commercialized? What are the key factors for successful commercialization and diffusion in the market? This paper tries to answer these questions by examining the Japanese experience of public R&D in demand-side energy efficiency, focusing on two major projects conducted in the 1980s and 1990s. It is found that of the 34 technologies developed in the two projects, only seven have been commercialized so far, four of those seven have only a very limited number of installations, and only one has a growing market. The results show that, while public R&D investments have a high risk of failure, they can bring new technologies to the market after a certain lead time. In addition, several factors resulting in the success or failure of commercialization/diffusion are identified, such as long-term R&D support by the government, a marketing strategy to respond to and influence market demand, and combination of R&D and deployment policy.

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  • Kimura, Osamu, 2010. "Public R&D and commercialization of energy-efficient technology: A case study of Japanese projects," Energy Policy, Elsevier, vol. 38(11), pages 7358-7369, November.
    • Handle: RePEc:eee:enepol:v:38:y:2010:i:11:p:7358-7369
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    1. Amendola, Marco & Lamperti, Francesco & Roventini, Andrea & Sapio, Alessandro, 2024. "Energy efficiency policies in an agent-based macroeconomic model," Structural Change and Economic Dynamics, Elsevier, vol. 68(C), pages 116-132.
    2. Polzin, Friedemann, 2017. "Mobilizing private finance for low-carbon innovation – A systematic review of barriers and solutions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 525-535.
    3. Mijung Jung & Yi-beck Lee & Heesang Lee, 2015. "Classifying and prioritizing the success and failure factors of technology commercialization of public R&D in South Korea: using classification tree analysis," The Journal of Technology Transfer, Springer, vol. 40(5), pages 877-898, October.
    4. Zahra Sorori Eshliki & Mojtaba Fallahnejad & Mehrdad Zolfi & Saber Khalili Esbouei, 2015. "Application of the Fuzzy Logic in Explanation of Effective Factors on Commercialization of Products (Empirical Evidence: Knowledge-Based Business of Incubators Centers of Iran North Region)," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 5(5), pages 115-126, May.
    5. Proskuryakova, L. & Kovalev, A., 2015. "Measuring energy efficiency: Is energy intensity a good evidence base?," Applied Energy, Elsevier, vol. 138(C), pages 450-459.

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