Exploring Driving Forces of Sustainable Development of China’s New Energy Vehicle Industry: An Analysis from the Perspective of an Innovation Ecosystem

Jianlong Wu, Zhongji Yang, Xiaobo Hu, Hongqi Wang and Jing Huang
Additional contact information
Jianlong Wu: School of Economics and Management, Harbin University of Science and Technology, Harbin 150080, Heilongjiang Province, China
Zhongji Yang: School of Economics and Management, Harbin University of Science and Technology, Harbin 150080, Heilongjiang Province, China
Xiaobo Hu: Center for China Studies, Clemson University, Clemson, SC 29634, USA
Hongqi Wang: School of Economics and Management, Harbin University of Science and Technology, Harbin 150080, Heilongjiang Province, China
Jing Huang: School of Economics and Management, Harbin University of Science and Technology, Harbin 150080, Heilongjiang Province, China

Sustainability, 2018, vol. 10, issue 12, 1-24

Abstract: The sustainable development of the new energy vehicle (NEV) industry is receiving increasing attention worldwide. However, as a “catch-up” country in the automobile industry, China has made remarkable achievements in NEV industry development. To explore this phenomenon, this paper develops an “innovation-demand-policy” (IDP) framework to investigate the driving forces of sustainable development of the NEV industry from the perspective of an innovation ecosystem. Based on a comprehensive data collection and processing of interviews, patents, industry reports, and policy documents, the findings showed that technological innovation, market demand, and government policy drive NEV industry development together, and policy can play an effective role of coordination only when it follows an innovation process and market demand selection mechanism. Specifically, technological grafting, potential market demand, and supply-side policy create a minimum viable ecosystem and the embryonic form of the NEV industry. Technological breakthroughs, public demand, and demand-side policy enhance the NEV industry’s ability to grow via a platform ecosystem. Additionally, total innovation, private demand, and environmental-side policy upgrade the NEV industry through expanding and reconfiguring the innovation ecosystem. This study also provides suggestions for policymakers and industrialists to promote sustainable development of the NEV industry in the future.

Keywords: new energy vehicle industry; sustainable development of industry; driving forces; innovation ecosystem; government policy (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
https://www.mdpi.com/2071-1050/10/12/4827/pdf (application/pdf)
https://www.mdpi.com/2071-1050/10/12/4827/ (text/html)

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:gam:jsusta:v:10:y:2018:i:12:p:4827-:d:191359

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().