Type of Document Master's Thesis Author Sims, George G. Author's Email Address email@example.com URN etd-10222002-164933 Title Do Oil Companies aquire Alternative Energy Patents to Limit Technological Innovation, in order to Maintain Economic Advantage in Fossil Fuels Degree Master of Arts Department Economics Advisory Committee
Advisor Name Title Waud, Roger N. Committee Chair Lutton, Thomas J. Committee Member Theroux, Richard Committee Member Keywords
- alternative energy patents
- oil companies
Date of Defense 2002-07-17 Availability restricted AbstractDo Oil Companies acquire Alternative Energy Patents to limit Technological Innovation, in order to maintain Economic Advantage in Fossil Fuels
George G. Sims
Roger N. Waud, Chairman
This paper addresses the charge made by environmental groups that oil companies, since the 1970's, have been acquiring alternative energy patents, to restrict these technologies from reaching the market. The purpose of these restrictions was to protect profits from oil, natural gas and coal. In addressing this charge, I reviewed the literature to ascertain if any conclusive study had been performed to substantiate this charge. To date, none had been performed. While no conclusive study had been performed to support the environmentalist position, an evaluation of economic theory along with an examination of actual U.S. Patent Office data strongly contradicts the environmentalist view.
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