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Market formation and innovation systems

In: The Elgar Companion to Innovation and Knowledge Creation

Author

Listed:
  • Ulrich Dewald
  • Bernhard Truffer

Abstract

The recent emergence of renewable energy and other cleantech industries has attracted considerable attention in innovation studies. These have emphasized the core role of processes such as entrepreneurial activities, knowledge generation and regulatory support for research and development. Processes of market formation have either been neglected or considered in aggregate terms only. We therefore propose to analyze such market formation dynamics in more detail, drawing on the technological innovation systems framework. The conceptual approach is applied to the rapid expansion of photovoltaic markets in Germany over the past twenty years.

Suggested Citation

  • Ulrich Dewald & Bernhard Truffer, 2017. "Market formation and innovation systems," Chapters, in: Harald Bathelt & Patrick Cohendet & Sebastian Henn & Laurent Simon (ed.), The Elgar Companion to Innovation and Knowledge Creation, chapter 37, pages 610-624, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15485_37
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    Cited by:

    1. Jonas Heiberg & Bernhard Truffer, 2021. "The emergence of a global innovation system – a case study from the water sector," GEIST - Geography of Innovation and Sustainability Transitions 2021(09), GEIST Working Paper Series.

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