Innovation and Cultural Divide in Electric Power Generation Industry

Dmitry Timofeev ()
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Dmitry Timofeev: Russian Joint Stock Company «Energy Systems of the East»

Foresight and STI Governance, 2010, vol. 4, issue 4, 4-14

Abstract: Today the energy sector is involved into the process of active search of innovative solutions. The emphasis there is on achieving a breakthrough in two basic areas — energy efficiency and use of renewable energy sources. Large corporations demonstrate high innovation performance focusing not only on the development of new technologies, but of particular importance — on restructuring of the organizational and governance mechanisms. Herein lies a profound contradiction, constraining the transformation of the industry. It refers to among the majority of employees belonging to middle and lower echelons a preconceived attitude towards innovation. It becomes apparent that the modernization of the Russian energy sector and the transition to an innovation-oriented path of development are possible only subject to the introduction of effective mechanisms of industry governance. Note: Downloadable document is in Russian.

Keywords: innovation performance; socio-techical transition; culture bareer (search for similar items in EconPapers)
JEL-codes: J59 L94 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:hig:fsight:v:4:y:2010:i:4:p:4-14

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