This article focuses on technological discontinuities and late shakeouts in mature industries. The empirical case is combined cycle gas turbine technology in the power generation industry, where two of four main incumbents (GE, ABB, Siemens, and Westinghouse) exited the industry after several...

The multi-level perspective on sustainability transitions positions established firms (incumbents) as defenders of existing technologies at the “regime level.” By contrast, it positions new entrants at the niche level, as promoters of new technologies. This paper challenges the positioning...

The development and diffusion of technological innovations need governing in order to contribute to societal goals related to sustainability. Yet, there are few systematic studies mapping out what types of governance are deployed and how they influence the development and diffusion of...

Reducing transport emissions, in particular vehicular emissions, is a key element for mitigating the risks of climate change. In much of the academic and public discourse the focus has been on alternative vehicle technologies and fuels (e.g. electric cars, fuel cells and hydrogen), whereas...

The creative destruction of existing industries as a consequence of discontinuous technological change is a central theme in the literature on industrial innovation and technological development. Established competence-based and market-based explanations of this phenomenon argue that incumbents...

Growing international trade has been one of the most important drivers for China's recent economic growth. This growth has fed rapid increases in energy demand and carbon emissions since 2000. China is now the world's largest emitter of carbon dioxide. There is mounting pressure from some in the...

Annabelle Gawer presents cutting-edge contributions from 24 top international scholars from 19 universities across Europe, the USA and Asia, from the disciplines of strategy, economics, innovation, organization studies and knowledge management. The novel insights assembled in this volume...

This paper explains the success and failure of two technologies that generate electricity from fossil fuels. Both the Combined Cycle Gas Turbine (CCGT) and fluidised bed boiler burn fossil fuels more cleanly than more traditional technologies. Whereas the CCGT has been used for an increasing...

The deployment of eco-innovations in developing countries is a key driver of their contribution to efficiently addressing global environmental challenges. It is also a key driver of markets for eco-innovation and sustainable economic development. This report explores the barriers developing...