The entry strategies of research-based firms in the transition to a sustainable energy system

Journal article


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Publication Details

Author list: Fonte, M., & Sousa, C.
Publisher: Inderscience
Publication year: 2017
Journal acronym: IJTE
Volume number: 10
Issue number: 10
ISSN: 1746-5370
Languages: English-Great Britain (EN-GB)


Abstract

The paper discusses the entry strategies adopted by research-based firms introducing advanced renewable energy technologies in the electricity production sector and their interactions with regime incumbents. Drawing on the sustainability transitions and the strategic management of technology literatures we build an analytical framework and apply it, in an exploratory way, to firms operating in two very diverse energy niches - wind and wave energy - using in depth-case studies. The results suggest that new entrants tend to depend on complementary assets possessed by incumbents, but have conditions to protect their technologies from expropriation; and that the technology is relevant for (at least some) incumbents, which show interest on them, or are directly involved in their development/use. This is, in most cases, conducive to cooperation strategies, which assume different forms according to the stage of development of the technology and its proximity to incumbents competences and assets.


Keywords

Actor behaviour, Commercialisation, Entry strategies, Firms, Innovation, Renewable energies, Research, Sustainability, Technologies


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Last updated on 2019-10-08 at 00:15