Outlines the theory and history of the use of inducement prizes to encourage and direct inventive efforts and technological innovation and identifies several comparative advantages inducement prizes have over traditional grants and subsidies.
Reviews the evidence on the role of patents for innovation and the hurdles it can provide for international technology transfer.
Surveys the incentive that the patent system provides to invest in energy innovation, and the US Patent and Trademark Office’s Pilot Program for Green Technologies.
A Master Limited Partnership must generate at least 90% of its income from qualified resources. The bill would expand the definition of “qualified” to include clean energy resources and infrastructure projects.