Innovation ecosystems for sustainability transition: from policy intervention to stakeholder coalition

Zhang, M. ORCID: 0000-0001-8033-8420, 2020. Innovation ecosystems for sustainability transition: from policy intervention to stakeholder coalition. In: 2019 IEEE International Symposium on Innovation and Entrepreneurship (TEMS-ISIE), 2019. Piscataway, NJ: Institute of Electrical and Electronics Engineers (IEEE). ISBN 9781728104355

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Abstract

In this paper I develop and compare two models of innovation. Following literature review a conventional model of technological innovation is constructed which focuses primarily on new product or new process development. In recent years through my research, teaching and editorial experience, I develop an emerging model of innovation ecosystems which offer a broader framework for innovation studies. I use the automotive industry as a case in point and argue that technological innovation to reduce CO 2 emissions from the transport sector has been primarily driven by policy interventions as exogenous forces. Innovation ecosystems are a more effective approach to helping us embark on the transition to sustainability. Key to innovation ecosystems are stakeholder coalition, a combination of both exogenous and endogenous forces to innovation ecosystems. Considering the relative efficiency of innovation development by product producers vs. product intermediate users I conclude that product intermediate users augmented innovation ecosystem is more effective and efficient than policy-intervention model.

Item Type: Chapter in book
Description: Paper presented at The 2nd Annual International Symposium on Innovation and Entrepreneurship of the IEEE Technology and Engineering Management Society, Zhejiang University, Hangzhou, China, 24-26 October 2019.
Creators: Zhang, M.
Publisher: Institute of Electrical and Electronics Engineers (IEEE)
Place of Publication: Piscataway, NJ
Date: 23 April 2020
ISBN: 9781728104355
Identifiers:
NumberType
10.1109/TEMS-ISIE46312.2019.9074176DOI
1323563Other
Rights: Copyright © 2019 by IEEE.
Divisions: Schools > Nottingham Business School
Record created by: Linda Sullivan
Date Added: 29 Oct 2021 08:23
Last Modified: 29 Oct 2021 08:23
Related URLs:
URI: http://irep.ntu.ac.uk/id/eprint/44534

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