Understanding India’s low-carbon energy technology startup landscape

Harilal Krishna, Yash Kashyap, Dwarkeshwar Dutt, Ambuj D. Sagar and Abhishek Malhotra ()
Additional contact information
Harilal Krishna: Indian Institute of Technology Delhi
Yash Kashyap: Climate Policy Initiative
Dwarkeshwar Dutt: Indian Institute of Technology Delhi
Ambuj D. Sagar: Indian Institute of Technology Delhi
Abhishek Malhotra: Indian Institute of Technology Delhi

Nature Energy, 2023, vol. 8, issue 1, 94-105

Abstract: Abstract Low-carbon energy technology (LCET) startups could play a key role in accelerating India’s decarbonization. Yet, our understanding of the LCET startup landscape and what shapes it remains low. Here we provide an analysis of the Indian LCET startup landscape to fill this gap. Our descriptive analysis of quantitative data on investment and patenting activities of LCET startups from 2010 to 2020 and qualitative data from 25 semi-structured interviews shows a substantial increase in investment and patenting activity, particularly after 2017, driven in large part by market-creation measures undertaken by the Indian government. However, there are large differences between LCET startups in different sub-sectors and core value-creating activities. Our findings suggest that the level of technological capabilities moderates the relationship between market-creation measures and innovation outcomes—thus highlighting the need to complement market-creation policies with long-term measures to strengthen technological capabilities. Furthermore, we propose a research agenda to improve our understanding of LCET entrepreneurship in developing economies.

Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.nature.com/articles/s41560-022-01170-y Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nat:natene:v:8:y:2023:i:1:d:10.1038_s41560-022-01170-y

Ordering information: This journal article can be ordered from
https://www.nature.com/nenergy/

DOI: 10.1038/s41560-022-01170-y

Access Statistics for this article

Nature Energy is currently edited by Fouad Khan

More articles in Nature Energy from Nature
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().