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Regulation, Market Prices, And Process Innovation
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Regulation, Market Prices, And Process Innovation : The Case Of The Ammonia Industry

Book Details

Format Paperback / Softback
ISBN-10 0367300990
ISBN-13 9780367300999
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Oct 31st, 2022
Print length 262 Pages
Weight 276 grams
Product Classification: Politics & government
Ksh 7,550.00
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This book examines the effects of environmental and workplace regulations on business innovation through the study of innovation in processes for the production of synthetic ammonia. It presents a history of ammonia production in the U.S., a survey of government regulation in the industry.
Through the study of innovation in processes for the production of synthetic ammonia, the authors examine the effects of environmental and workplace regulations on business innovation in general. They present a history of ammonia production in the U.S., a survey of government regulation in the industry, and a model of process innovation that combines the economist''s production function with the technical and practical concepts of the engineer. Contrary to the widely held view that regulation has an unfortunate impact on business, the authors demonstrate that—at least in one industry—the economic factors of production have a measurable impact on innovation, while regulation does not.

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