The main drivers of transformation processes of electricity markets stem from climate policies and changing economic environments. In order to analyse the respective developments, modelling approaches regularly rely on multiple structural and parametric simplifications. For example,...

The main drivers of transformation processes of electricity markets stem from climate policies and changing economic environments. In order to analyse the respective developments, modelling approaches regularly rely on multiple structural and parametric simplifications. For example,...

While numerous academic studies sufficiently bond the emergence of (radical) innovations to macroeconomic growth (Plosser (1989); Freeman and Perez (1988); Mansfield (1983); Mensch (1979); Jovanovic and Lach (1997); Giedeman and Simons (2006)), the competitive mechanisms that influence small...