Innovation and ecological impact: the case of automobility
Peter Wells
Chapter 16 in Handbook of Sustainable Innovation, 2019, pp 281-297 from Edward Elgar Publishing
Abstract:
This chapter is concerned with innovation and sustainability in the automotive industry. It argues that growth in car ownership and use has overwhelmed incremental performance improvements in the efficiency of cars achieved through technological innovation. Consequently, deep and enduring reductions in carbon emissions and other ecological burdens are only likely if radical technical change is accompanied by and enabled through fundamental business model innovation which transforms the relationship between production and consumption in the realm of automobility. The chapter argues that the automotive industry is at the precipice of just such a transformation but that resistance and inertia in multiple aspects of the automobility system still act to retard the pace of change. Disruptive new entrants have also failed to destabilize the industry. Overall, a greater sense of policy urgency is needed along with a willingness to accept short-term economic losses as the industry transforms.
Keywords: Business and Management; Economics and Finance; Environment; Innovations and Technology (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781788112567/9781788112567.00026.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable
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:elg:eechap:17966_16
Ordering information: This item can be ordered from
http://www.e-elgar.com
Access Statistics for this chapter
More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().