Convergence or divergence? Wind power innovation paths in Europe and Asia

Rasmus Lema, Ambuj Sagar and Yuan Zhou

Science and Public Policy, 2016, vol. 43, issue 3, 400-413

Abstract: Wind power is increasingly vital for meeting energy challenges and mitigating global climate change and is therefore an important part of renewable energy portfolios in many countries. Given the key and evolving roles of European and Asian countries in driving this sector, this article focuses on two sets of key questions: first, do wind power innovation paths differ between Europe and Asia? If so, how do they differ? Second, do innovation paths reflect different initial conditions in Europe and Asia? Can we expect divergence in the future? We find that although national paths are shaped by a range of national characteristics and therefore differ along key dimensions, the increasing roles of cross-national firm interactions amplify tendencies towards global convergence. These patterns of divergence and convergence can potentially enhance the contribution of wind power to the low-carbon transition but also have implications for the competitive dynamics of the wind power industry.

Date: 2016
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:oup:scippl:v:43:y:2016:i:3:p:400-413.

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