Innovation in the Brazilian Electricity Sector: current scenarios and trends

O papel do Investimento Direto Estrangeiro para o desenvolvimento da Capacidade Inovadora na Indústria de Energia Eólica Offshore Brasileira

“…Furthermore, the model proposed here fills literature gaps by identifying advancements that contribute to the most relevant literature in the field (Brink, 2019;Mahbub & Jongwanich, 2019;Noronha et al, 2021a) and novelties linked to the adoption of new technologies as a result of the articulation of the fundamentals of FDI, dynamic capabilities, and innovation capacity applied to the offshore wind energy context (e.g., production of hydrogen and green ammonia). Additionally, the results presented here can also help cover institutional gaps, especially regarding the relationship between business and innovation ecosystem, strengthening the foundations that support the structuring of institutional and regulatory policies for the creation of a consolidated value chain from FDI and innovation-focused organizational capabilities, as already elucidated in the studies of Brink (2019) and Rovere et al (2020). These contributions positively impact the growth of the research field focusing on FDI, DCs, and ICs, presenting new theoretical lenses for the formation of a competitive and innovative environment in the wind sector.…”

“…However, some scholars have pointed out a particular need to understand the role of FDI and the driving of dynamic capabilities in new energy industries (Shuen et al, 2014;Teece, 2014;Khan et al, 2020;Rovere et al, 2020). In this sense, this paper delves into the suggestions presented by Mahbub and Jongwanich (2019) and Noronha et al (2021a), who provided evidence that international financing through foreign investment can foster the development of organizational capabilities in developing markets.…”

“…From the perspective of organizations and institutions, scholars have presented evidence to articulate that FDI can lead to competitive advantage, even in emerging markets, through the transfer of capabilities for industrial competitiveness (Meyer 2003;Teece, 2014). Furthermore, a firm's absorptive capacity stimulates knowledge management, facilitating the creation of an ecosystem conducive to meeting the regulatory expectations of markets in the making, visualizing the development of technological innovation in energy markets enabled by foreign capital flows (Zahra & George, 2002;Shuen et al, 2014;Khan, Yu, Belhadi, & Mardani, 2020;Rovere et al, 2020;Noronha et al, 2021b).…”

“…Scholars in the field have commonly associated DCs with IC studies (Tang, 1998;Wang and Ahmed, 2007;Smith et al, 2008;Vasconcelos, 2008). However, the relationship between these concepts with FDI, different technologies in the energy sectors, and innovation management is yet to be explored in depth by modern researchers (Chiarini, 2014;Brink, 2019;Khan et al, 2020;Rovere et al 2020;Noronha et al, 2021a).…”

“…The research gap of the paper follows the suggestions for future research from the studies of Brink (2019), Rovere, Miranda, Lima, and Santos (2020), and O. , highlighting that offshore wind energy industries in the global context need to be investigated based on theoretical perspectives that complement studies on capabilities and their orchestration for innovation. Complementarily, related studies by Rocha et al (2017) and Mahbub and Jongwanich (2019) emphasize the need to verify the role of FDI as an antecedent and determinant for resource and capability articulation, particularly considering energy and renewable energy markets in developing countries.…”