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The Role of Firms in Energy Transformation

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Author Info
Perrot, Rhadika () (UNU-MERIT.)
Abstract

This paper looks at the role of firms in the transformation of fossil fuel based energy systems towards cleaner and greener energy systems. Firms are playing an important role in determining the speed and direction of technical change towards such energy systems. But systemic constraints and negative externalities tend to make such transformations constraint and difficult. To be able to understand how firms overcome these systemic constraints and bring about positive externalities it would be important to observe the strategic role played by firms. Firms are removing technological and economic constraints by engaging in strategic alliances with other firms and research organizations. Both small and large firms have positioned themselves strategically in the green energy market either through basic innovations or through innovations brought about by joint technological partnerships.

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File URL: http://www.merit.unu.edu/publications/wppdf/2009/wp2009-003.pdf
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Publisher Info
Paper provided by United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology in its series UNU-MERIT Working Paper Series with number 003.

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Date of creation: 2009
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Handle: RePEc:dgr:unumer:2009003

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Web page: http://www.merit.unu.edu

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Related research
Keywords: Firm Strategy; Sustainable Energy; Renewable Energy; System Transition;

Find related papers by JEL classification:
A10 - General Economics and Teaching - - General Economics - - - General
M21 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - Business Economics
O39 - Economic Development, Technological Change, and Growth - - Technological Change - - - Other

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This page was last updated on 2009-11-19.

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