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Technology development strategies and policy support for the solar energy industry under technological turbulence
- Authors
- Yun, Sunyoung; Lee, Joosung; Lee, Sungjoo
- Issue Date
- Jan-2019
- Publisher
- Pergamon Press Ltd.
- Keywords
- Technological turbulence; Technological diversification; R&D collaboration; Solar energy industry
- Citation
- Energy Policy, v.124, pp 206 - 214
- Pages
- 9
- Journal Title
- Energy Policy
- Volume
- 124
- Start Page
- 206
- End Page
- 214
- ISSN
- 0301-4215
1873-6777
- Abstract
- This study examines effective technology development strategies diversification and collaboration for solar energy companies facing technological turbulence. It used patents and financial data over a five-year period (2008-2012) for 50 solar photovoltaic (PV) technology firms. This study shows that adopting a strategy of technological diversification and R&D collaboration exerts a positive effect on firm performance. In addition, the relation between R&D collaboration strategy and firm performance is strengthened under technological turbulence. This study contributes to the field of sustainable innovation management, as well as energy policy under technological turbulence, through an empirical analysis.
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Collections - Enterprise School > School of Convergence and Entrepreneurship > 1. Journal Articles
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Related Researcher
- Lee, Joo sung
- Enterprise School (School of Convergence and Entrepreneurship)