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Innovation Management and Productivity in Sustainable Energy—The Case of Biomass Fuel Manufacturers in Malaysia and Thailand

In: Energy Sustainability and Climate Change in ASEAN

Author

Listed:
  • Sufian Jusoh

    (Universiti Kebangsaan Malaysia)

  • Norasikin Ahmad Ludin

    (Solar Energy Research Institute, Universiti Kebangsaan Malaysia)

  • Mohd Adib Ibrahim

    (Solar Energy Research Institute, Universiti Kebangsaan Malaysia)

Abstract

The high price of fossil fuels and increased demand for more sustainable and environmentally friendly sources of energy have caused firms and consumers to search for alternatives sources, like from biomass. This study examines innovations in biomass-powered and -led products introduced by three firms, Firm A and Firm B, which are based in Malaysia, and Firm C, based in Thailand. Firm A produces pulverised biomass fuel and biomass combustion systems to generate power and heat for heat-treatment factories in the area. Firm B produces lubricants from palm oil and vegetable oil residue. Firm C uses cassava biomass to produce biogas to generate electricity supplied to the grid. The study argues that the three firms have intentionally or unintentionally employed effective innovation management in ensuring sustainability in their business, which is challenged by the volatility in oil prices and competing demands for feedstocks. By developing innovative products and/or services, the three firms differentiate themselves from their competitors and have a competitive advantage in the market.

Suggested Citation

  • Sufian Jusoh & Norasikin Ahmad Ludin & Mohd Adib Ibrahim, 2021. "Innovation Management and Productivity in Sustainable Energy—The Case of Biomass Fuel Manufacturers in Malaysia and Thailand," Economics, Law, and Institutions in Asia Pacific, in: Han Phoumin & Farhad Taghizadeh-Hesary & Fukunari Kimura & Jun Arima (ed.), Energy Sustainability and Climate Change in ASEAN, chapter 0, pages 239-260, Springer.
  • Handle: RePEc:spr:eclchp:978-981-16-2000-3_10
    DOI: 10.1007/978-981-16-2000-3_10
    as

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