Risk identification, evaluation and response of low-carbon technological innovation under the global value chain: A case of the Chinese manufacturing industry

Kexin Bi, Ping Huang and Hui Ye

Technological Forecasting and Social Change, 2015, vol. 100, issue C, 238-248

Abstract: This paper analyzes the risk of low-carbon technological innovation in emerging economies under globalization, by integrating the method of global value chain (GVC) and technological innovation linear progress into a new analytical framework. Based on the proposed framework, this research is conducted from three perspectives — research and development risk, manufacturing risk and marketing risk. Subsequently, on the basis of the constructed risk evaluation index system, using the Analytic Hierarchy Process (AHP) and a comprehensive evaluation method based on triangular fuzzy numbers, this paper evaluates the risk of low-carbon technological innovation under the GVC in the Chinese manufacturing industry. The results show that the global low-carbon manufacturing risk ranged between low and moderate, while the global low-carbon research and development risk, and the global marketing risk ranged between moderate and high. In accordance with these results, this paper puts forward a decision making process of risk response modes and the corresponding risk response strategies for Chinese manufacturers.

Keywords: Low-carbon technology; Innovation risk; Global value chain (GVC); Manufacturing industry; China (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:100:y:2015:i:c:p:238-248

DOI: 10.1016/j.techfore.2015.07.005

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