Orchestrating a new industrial field. The case of the Finnish wood-based bioeconomy

Kari Lilja and Eli Moen

International Journal of Business Environment, 2017, vol. 9, issue 3, 266-278

Abstract: The article's focus is on how companies and institutions interact and cooperate in order to develop the wood-based bioeconomy field. Based on a case study of the Finnish forest sector, the paper shows that shifting to sustainability requires processes of co-creation. As radical innovation requires complementary competences, companies have had to cooperate with a large number of actors. By interacting with multiple actors at multiple levels, both companies and institutions have engaged in new types of activities that have led to a change in their respective roles. By taking on responsibility for developing the new industrial field, both companies and institutions act as orchestrators for mobilising a large number of public and private actors. Subsequently, the paper argues that this interaction has produced a new type of complementarity between companies and institutions facilitating the development of the new industrial field.

Keywords: forest industry companies; bioeconomy; biorefineries; national innovation system; co-creation; sustainability; actor-centred institutionalism; dynamic complementarities; start-ups. (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbenv:v:9:y:2017:i:3:p:266-278

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