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The emergence of relatedness between industries: The example of offshore oil and gas and offshore wind energy in Esbjerg, Denmark

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  • Mads Bruun Ingstrup
  • Max-Peter Menzel

Abstract

When investigating the emergence of relatedness between two previously unrelated industries - the offshore oil and gas industry and the offshore wind energy industry in Esbjerg, Denmark, - we argue that relatedness is a system property, whose emergence should be visible via organizational search processes in the other industry. While network positions were important when companies began explorative searches in the other industry, regular search processes in the other industry coincided with the formation of new organizational arrangements. With these findings in mind, we propose that relatedness emerges when relationships between two industries are institutionalized.

Suggested Citation

  • Mads Bruun Ingstrup & Max-Peter Menzel, 2019. "The emergence of relatedness between industries: The example of offshore oil and gas and offshore wind energy in Esbjerg, Denmark," Papers in Evolutionary Economic Geography (PEEG) 1929, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Oct 2019.
    • Handle: RePEc:egu:wpaper:1929
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    2. Kadri Kuusk & Mikhail Martynovich, 2021. "Dynamic Nature of Relatedness, or What Kind of Related Variety for Long‐Term Regional Growth," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 112(1), pages 81-96, February.

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    More about this item

    Keywords

    relatedness; institutions; organizational search; emergence; offshore industries;
    All these keywords.

    JEL classification:

    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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