The emergence of relatedness between industries: The example of offshore oil and gas and offshore wind energy in Esbjerg, Denmark

Mads Bruun Ingstrup and Max-Peter Menzel

PEGIS from Institute for Economic Geography and GIScience, Department of Socioeconomics, Vienna University of Economics and Business

Abstract: When investigating the emergence of relatedness between two previously unrelated industries - the offshore oil and gas industry and the offshore wind energy industry in Esbjerg, Den-mark, - we argue that relatedness is a system property, whose emergence should be visible via organizational search processes in the other industry. While network positions were important when companies began explorative searches in the other industry, regular search processes in the other industry coincided with the formation of new organizational arrangements. With these findings in mind, we propose that relatedness emerges when relationships between two industries are institutionalized.

Keywords: relatedness; institutions; organizational search; emergence; offshore industries (search for similar items in EconPapers)
JEL-codes: L14 L61 O33 R11 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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