A1 Journal article (refereed), original research

Emergence and development of the cleantech industry: A cognitive construction approach


Publication Details
Authors: Bergman Jukka-Pekka, Hajikhani Arash, Blomqvist Kirsimarja
Publisher: Elsevier
Publication year: 2019
Language: English
Journal acronym: jclepro
Volume number: 233
Start page: 1170
End page: 1181
Number of pages: 12
ISSN: 0959-6526
JUFO-Level of this publication: 2
Open Access: Not an Open Access publication

Abstract


ABSTRACT


Understanding
the development of the industry creates major challenges for cleantech firms looking
to renew their strategies to meet the continuously changing business conditions.
Recent studies have argued that energy sector transition is both a
technological and a social phenomenon that needs to be looked at from more
holistic and comparative perspectives. The cognitive construction view of
industry shows promise in opening up
the role of managerial cognition and social construction in this regard. The cognitive
construction view of industry suggests that the collective changes in firms’ beliefs
about market boundaries drive development of the industry. Drawing on this
view, we investigate cleantech firms' shared beliefs about the key technologies
to recognize development patterns in the collective strategy frames and propose
an approach to capture the emergence and development of the industry. For this
purpose, the study analyzes longitudinal data collected from the annual reports
of the incumbent firms operating within the cleantech industry. The results of
the study found two sequentially developing phases in industry-level belief
structures regarding renewable energy, sustainability, and digitalization as
the key technology areas among the firms. In addition, it was possible to trace
the differences between the firms’ beliefs about technology development to
their different social networks. Thus, the findings suggest that the cognitive
construction view of industry provides an opportunity to shed light on the complex
dynamics of energy transition and envision industry development within the
fast-changing industry conditions.


Projects
Digital Disruption of Industry (DDI) (01/05/2015 - 30/04/2021)

Research Areas

Last updated on 2020-20-03 at 10:03