Innovation Management and Productivity in Sustainable Energy—The Case of Biomass Fuel Manufacturers in Malaysia and Thailand

Sufian Jusoh (), Norasikin Ahmad Ludin and Mohd Adib Ibrahim
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Sufian Jusoh: Universiti Kebangsaan Malaysia
Norasikin Ahmad Ludin: Solar Energy Research Institute, Universiti Kebangsaan Malaysia
Mohd Adib Ibrahim: Solar Energy Research Institute, Universiti Kebangsaan Malaysia

Chapter Chapter 10 in Energy Sustainability and Climate Change in ASEAN, 2021, pp 239-260 from Springer

Abstract: Abstract The high price of fossil fuels and increased demand for more sustainable and environmentally friendly sources of energy have caused firms and consumers to search for alternatives sources, like from biomass. This study examines innovations in biomass-powered and -led products introduced by three firms, Firm A and Firm B, which are based in Malaysia, and Firm C, based in Thailand. Firm A produces pulverised biomass fuel and biomass combustion systems to generate power and heat for heat-treatment factories in the area. Firm B produces lubricants from palm oil and vegetable oil residue. Firm C uses cassava biomass to produce biogas to generate electricity supplied to the grid. The study argues that the three firms have intentionally or unintentionally employed effective innovation management in ensuring sustainability in their business, which is challenged by the volatility in oil prices and competing demands for feedstocks. By developing innovative products and/or services, the three firms differentiate themselves from their competitors and have a competitive advantage in the market.

Keywords: Innovation management; Sustainability; Biomass; Feedstock; Oil price volatility; Economic shocks (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eclchp:978-981-16-2000-3_10

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DOI: 10.1007/978-981-16-2000-3_10

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