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The Role of Technical Innovation and Sustainability on Energy Consumption: A Case Study on the Taiwanese Automobile Industry

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  • Chao-Wu Chou

    (Department of Business Administration, National Taiwan University of Science and Technology, Taipei 10607, Taiwan)

  • Wen-Chih Liao

    (Department of Business Administration, National Taiwan University of Science and Technology, Taipei 10607, Taiwan)

  • Simon Wu

    (Vigor Management Technology Academy, Vigor Management Technology Group, C7, Far Eastern Part, Yu Yao Economic Development Section, Ningbo 315211, Zhejiang, China)

  • Hui-Ming Wee

    (Department of Industrial and Systems Engineering, Chung Yuan Christian University, 200 Chung Pei Rd., Chungli 32023, Taiwan)

Abstract

The impact of global warming and climate change is one of the most critical challenges of the 21st century. The greenhouse effect caused by technological development and industrial pollution has accelerated the speed of global warming. The continuous improvement in automobile energy consumption is one of the most effective ways to reduce global warming. A comparative analysis is proposed to examine the various automobiles that utilize technological innovation to improve their energy consumption. Their contribution to CO 2 emissions is then investigated. This study focuses on technical innovation and output power of a conventional engine. The results indicate that innovative engines (such as the Ford turbo petrol/diesel engine, the EcoBoost/TDCi) have improved energy consumption and reduce CO 2 emissions. In addition, the Toyota hybrid vehicles have also improved energy consumption and reduced greenhouse gases emissions.

Suggested Citation

  • Chao-Wu Chou & Wen-Chih Liao & Simon Wu & Hui-Ming Wee, 2015. "The Role of Technical Innovation and Sustainability on Energy Consumption: A Case Study on the Taiwanese Automobile Industry," Energies, MDPI, vol. 8(7), pages 1-14, June.
    • Handle: RePEc:gam:jeners:v:8:y:2015:i:7:p:6627-6640:d:51867
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    References listed on IDEAS

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    1. Paulius Šūmakaris & Renata Korsakienė & Deniss Ščeulovs, 2021. "Determinants of Energy Efficient Innovation: A Systematic Literature Review," Energies, MDPI, vol. 14(22), pages 1-20, November.
    2. Osarumwense Osabuohien-Irabor & Igor Mikhailovich Drapkin, 2022. "The Impact of Technological Innovation on Energy Consumption in OECD Economies: the role of Outward Foreign Direct Investment and International Trade Openness," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 317-333, July.
    3. Hao, Xiaoli & Deng, Feng, 2019. "The marginal and double threshold effects of regional innovation on energy consumption structure: Evidence from resource-based regions in China," Energy Policy, Elsevier, vol. 131(C), pages 144-154.
    4. Caroline Rodrigues Vaz & Tania Regina Shoeninger Rauen & Álvaro Guillermo Rojas Lezana, 2017. "Sustainability and Innovation in the Automotive Sector: A Structured Content Analysis," Sustainability, MDPI, vol. 9(6), pages 1-23, May.

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