Credibility and Legitimacy in Policy-driven Innovation Networks: Resource dependencies and expectations in Dutch electric subsidies
AbstractThe aim of this paper is to empirically examine the influence of different types of credibility on the legitimacy to grant individual actors within consortia an innovation subsidy. Theorizing from the viewpoint of resource dependence theory and the sociology of expectations, we hypothesize that four types of credibility are related to legitimacy: scientific credibility, market credibility, expectation track record, and social capital. We operate on two levels of analysis, the actor and the consortium. We quantitatively analyze the Dutch electric vehicle subsidy program as case. We develop a model that accurately forecasts which consortia are most likely to receive subsidies. We demonstrate that social capital and market credibility positively influence the likelihood of receiving innovation subsidies, while scientific credibility sources and expectation track record have a negative influence. Based on these findings we provide policy recommendations and avenues for further research.
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Bibliographic InfoPaper provided by DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies in its series DRUID Working Papers with number 12-07.
Date of creation: 2012
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Web page: http://www.druid.dk/
Electric Vehicle Technology; Expectations; Resource Dependence Theory; Credibility; Legitimacy; Innovation Policy;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-12-10 (All new papers)
- NEP-CSE-2012-12-10 (Economics of Strategic Management)
- NEP-ENE-2012-12-10 (Energy Economics)
- NEP-INO-2012-12-10 (Innovation)
- NEP-NET-2012-12-10 (Network Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Nooteboom, B. & Stam, E., 2008. "Microfoundations for Innovation Policy," Open Access publications from Tilburg University urn:nbn:nl:ui:12-402995, Tilburg University.
- Chaminade, Cristina & Edquist, Charles, 2006. "Rationales for public policy intervention from a systems of innovation approach: the case of VINNOVA," CIRCLE Electronic Working Papers 2006/4, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
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