2021
DOI: 10.1016/j.respol.2021.104262
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Hype cycles during socio-technical transitions: The dynamics of collective expectations about renewable energy in Germany

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Cited by 37 publications
(13 citation statements)
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“…4). Prior work has usually explained this dynamical feature by including exogenous effects: environmental degradation (Butzer, 2012), changes in carrying capacities, mismanagement of expectations (Hirshleifer and Plotkin, 2021) or hype (Kriechbaum et al, 2021). Here, we connect the decline in cultural productivity with the dilution of expertise, which highlights how the supply of experts affects growth and innovation.…”
Section: Discussionmentioning
confidence: 90%
See 1 more Smart Citation
“…4). Prior work has usually explained this dynamical feature by including exogenous effects: environmental degradation (Butzer, 2012), changes in carrying capacities, mismanagement of expectations (Hirshleifer and Plotkin, 2021) or hype (Kriechbaum et al, 2021). Here, we connect the decline in cultural productivity with the dilution of expertise, which highlights how the supply of experts affects growth and innovation.…”
Section: Discussionmentioning
confidence: 90%
“…2b. Secondly, the overall population of creators grows and shrinks according to the expectation of success (Hirshleifer and Plotkin, 2021;MacKenzie, 1993;Van Lente and Rip, 1998;Kriechbaum et al, 2021), which is determined by the capacity of the system to produce novel cultural artifacts (i.e., containing new components). The probability p(t) that at least one novel component has been found corresponds to the dynamics of success in an ideal uniform search (Doncieux et al, 2019):…”
Section: Methodsmentioning
confidence: 99%
“…This cycle is used by Gartner, amongst others, to specify for their clients 'the right time' for investments in novelties. Scholars in the sociology of expectations field have a far more subtle view on the role of expectations in socio-technical transitions (e.g., see Kriechbaum et al, 2021) compared to Gartner. They see indeed an important role for expectations in the formation and function of socio-technical niches (see theory 4 above).…”
Section: Figure 63mentioning
confidence: 99%
“…This has led to multiple new insights on sustainability transition that were not possible without this ontological shift. First, using discourse analysis has led to a more politically sensitive understanding of transition processes: seen for example by the analyses of actors' visions, narratives, and coalitions (Kern 2011), the power of incumbents (Bosman et al 2014;Geels 2014), and the role of framing and interpretation (Hermwille 2016;Kriechbaum et al 2021). Second, integrating discursive concepts into transition research has enhanced the understanding of the production of cultural legitimacy for alternative ideas (Geels and Verhees 2011;Rosenbloom 2018) as well as the role of negative narratives for undermining the dominant socio-technical configuration (Roberts 2017).…”
Section: Introductionmentioning
confidence: 99%