Sectoral patterns versus firm-level heterogeneity - The dynamics of eco-innovation strategies in the automotive sector

Research output: Contribution to journal › Journal article › Research › peer-review

Standard

Sectoral patterns versus firm-level heterogeneity - The dynamics of eco-innovation strategies in the automotive sector. / Faria, Lourenço Galvão Diniz; Andersen, Maj Munch.

In: Technological Forecasting and Social Change, Vol. 117, 2017, p. 266-281.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Faria, LGD & Andersen, MM 2017, 'Sectoral patterns versus firm-level heterogeneity - The dynamics of eco-innovation strategies in the automotive sector', Technological Forecasting and Social Change, vol. 117, pp. 266-281. https://doi.org/10.1016/j.techfore.2016.11.018

APA

Faria, L. G. D., & Andersen, M. M. (2017). Sectoral patterns versus firm-level heterogeneity - The dynamics of eco-innovation strategies in the automotive sector. Technological Forecasting and Social Change, 117, 266-281. https://doi.org/10.1016/j.techfore.2016.11.018

Vancouver

Faria LGD, Andersen MM. Sectoral patterns versus firm-level heterogeneity - The dynamics of eco-innovation strategies in the automotive sector. Technological Forecasting and Social Change. 2017;117:266-281. https://doi.org/10.1016/j.techfore.2016.11.018

Author

Faria, Lourenço Galvão Diniz ; Andersen, Maj Munch. / Sectoral patterns versus firm-level heterogeneity - The dynamics of eco-innovation strategies in the automotive sector. In: Technological Forecasting and Social Change. 2017 ; Vol. 117. pp. 266-281.

Bibtex

@article{9c4869e28cee43a8ae305a8f1e8a93ed,
title = "Sectoral patterns versus firm-level heterogeneity - The dynamics of eco-innovation strategies in the automotive sector",
abstract = "This paper sheds light on some important but underestimated elements of green industrial dynamics: the evolution of firms' eco-innovation strategies and activities within a sector. While eco-innovation sectoral case studies have taken place before, our analysis is distinct in investigating the rate, direction and extent of eco-innovation in the automotive sector, represented here by the main automakers, in order to identify possibly sectoral-specific patterns in firms' strategies, as opposed to divergent strategic behaviors, grounded on evolutionary economic theory. We conduct a two-step empirical analysis using patent data from 1965 to 2012. Our findings suggest a process of co-evolution of firms' strategies and indicate that strong sectoral-specific patterns of eco-innovation are present in this sector from the mid-2000s onwards. For fuel cells technologies, however, we observe the formation of two antagonist patterns. A further econometric analysis is conducted and indicates that the positioning of the firms between these two groups is correlated with the firms' profit margins and the size of firms' patent portfolios.",
author = "Faria, {Louren{\c c}o Galv{\~a}o Diniz} and Andersen, {Maj Munch}",
year = "2017",
doi = "10.1016/j.techfore.2016.11.018",
language = "English",
volume = "117",
pages = "266--281",
journal = "Technological Forecasting and Social Change",
issn = "0040-1625",
publisher = "Elsevier",

}

RIS

TY - JOUR

T1 - Sectoral patterns versus firm-level heterogeneity - The dynamics of eco-innovation strategies in the automotive sector

AU - Faria, Lourenço Galvão Diniz

AU - Andersen, Maj Munch

PY - 2017

Y1 - 2017

N2 - This paper sheds light on some important but underestimated elements of green industrial dynamics: the evolution of firms' eco-innovation strategies and activities within a sector. While eco-innovation sectoral case studies have taken place before, our analysis is distinct in investigating the rate, direction and extent of eco-innovation in the automotive sector, represented here by the main automakers, in order to identify possibly sectoral-specific patterns in firms' strategies, as opposed to divergent strategic behaviors, grounded on evolutionary economic theory. We conduct a two-step empirical analysis using patent data from 1965 to 2012. Our findings suggest a process of co-evolution of firms' strategies and indicate that strong sectoral-specific patterns of eco-innovation are present in this sector from the mid-2000s onwards. For fuel cells technologies, however, we observe the formation of two antagonist patterns. A further econometric analysis is conducted and indicates that the positioning of the firms between these two groups is correlated with the firms' profit margins and the size of firms' patent portfolios.

AB - This paper sheds light on some important but underestimated elements of green industrial dynamics: the evolution of firms' eco-innovation strategies and activities within a sector. While eco-innovation sectoral case studies have taken place before, our analysis is distinct in investigating the rate, direction and extent of eco-innovation in the automotive sector, represented here by the main automakers, in order to identify possibly sectoral-specific patterns in firms' strategies, as opposed to divergent strategic behaviors, grounded on evolutionary economic theory. We conduct a two-step empirical analysis using patent data from 1965 to 2012. Our findings suggest a process of co-evolution of firms' strategies and indicate that strong sectoral-specific patterns of eco-innovation are present in this sector from the mid-2000s onwards. For fuel cells technologies, however, we observe the formation of two antagonist patterns. A further econometric analysis is conducted and indicates that the positioning of the firms between these two groups is correlated with the firms' profit margins and the size of firms' patent portfolios.

U2 - 10.1016/j.techfore.2016.11.018

DO - 10.1016/j.techfore.2016.11.018

M3 - Journal article

VL - 117

SP - 266

EP - 281

JO - Technological Forecasting and Social Change

JF - Technological Forecasting and Social Change

SN - 0040-1625

ER -

ID: 354036398