Suitable business models for innovation in different levels of the smart grid energy industry

Chen, Silu; Chen, Hsing Hung; Shen, Tao

doi:10.1002/ep.13275

Cited by 6 publications

(3 citation statements)

References 55 publications

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“…Costa-Campi et al (2014) used a structural model to explore new energy Spanish companies and found that the higher the R&D intensity, the more it promoted the new energy industry. Data research on new energy manufacturing companies in China found that technology diversification and R&D cooperation helped new energy production companies to reduce production costs and promote rapid industrial growth (Yun et al, 2019;Chen et al, 2020). However, some literature found that the relationship between technological progress and the new energy industry was not linear, but a positive U-shaped nonlinear relationship (Xu and Lin, 2018).…”

Section: Literature Reviewmentioning

confidence: 99%

Investigating the Determinants of the Growth of the New Energy Industry: Using Quantile Regression Approach

Xu¹,

Lin²

2023

The Energy Journal

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Expanding the supplies of new energy can not only reduce CO2 emissions, but also alleviate energy shortage. This paper applies the quantile regression to investigate the new energy industry in China. The results show that economic growth exerts the greatest effect on the new energy industry in the lower 10th quantile province. This is because these provinces have the developed economies, demand for a higher ecological environment and new energy resources. Foreign energy dependence has a minimal impact on the new energy industry in the 25th–50th quantile province, due to their minimal oil importation. The contribution of technological progress to the upper 90th quantile province is the lowest, because their R&D capabilities are the weakest. The impact of energy consumption structure decreases in steps from the lower 10th quantile provinces to the upper 90th quantile provinces. The agricultural sector promotes the new energy industry in most provinces.

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Section: Literature Reviewmentioning

confidence: 99%

Investigating the Determinants of the Growth of the New Energy Industry: Using Quantile Regression Approach

Xu¹,

Lin²

2023

The Energy Journal

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“…Their study confirms the prediction that IT exploration positively affects NCBM. According to Chen et al . (2019), by creating new activities or new relationships with external actors, NCBM facilitates the use of current technologies.…”

Section: Framework and Hypotheses Developmentmentioning

confidence: 99%

The novelty-centered business model: a transition mechanism between exploration and exploitation in SMEs

Karmeni

Uhlaner

Lucianetti³

2021

JSBED

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PurposeAs the transition between exploration and exploitation is a unique challenge for SMEs, what mechanism(s) might facilitate this transition? Building on the entrepreneurship literature's entrepreneurial opportunity identification and development framework, this study hypothesizes that the novelty-centered business model (NCBM) may serve as such a mechanism.Design/methodology/approachBased on cross-sectional survey data collected from 169 Italian SMEs in various sectors, this study tests the mediation, moderation and moderated mediation relationships using the statistical PROCESS procedure.FindingsSupporting the hypotheses that exploration and exploitation are positively associated within SMEs, that NCBM mediates this relationship and that the indirect relationship between exploration and exploitation by way of NCBM is stronger for SMEs with employees of medium to high creative human capital, the results suggest that SMEs can more effectively exploit new ideas identified in the exploration phase by developing an NCBM and accessing their creative human capital.Research limitations/implicationsAlthough the robustness checks confirm the direction of the proposed hypotheses, given the cross-sectional nature of the dataset used, a longitudinal study would further validate the proposed framework.Practical implicationsSMEs can successfully achieve the transition between exploration and exploitation by reinventing their business model to compensate for their limited resources in terms of financial or relational capital. They can further enhance their ability to reinvent their business model and, in turn, to exploit innovations by hiring and retaining employees with greater creative human capital.Originality/valueThis study draws on the entrepreneurial opportunity, ambidexterity (exploration-exploitation) and business model literature to enhance our understanding of the role of the NCBM design concept (business model innovation) as a mechanism to achieve temporal ambidexterity in SMEs.

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“…In the Schumpeterian growth theory, research and innovation are market conducts for entrepreneurs pursuing maximum profits. A company's R&D input directly affects its independent innovative capabilities, which makes it difficult for its products to be copied or replaced [14,15]. Therefore, research and innovation are the core for the company to improve its performance and eventually surpass its competitors [16][17][18].…”

Section: Relationships Between Randd Intensity and Firms' Performancementioning

confidence: 99%

E-commerce Industry’s R&D, Market Operating and Performance: Based on Worldwide Listed Companies’ Empirical Analysis

Ding¹,

Chen²,

Wang³

2020

IJSDP

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Based on the characteristics of the e-commerce industry, this paper proposes the conception of operating intensity and explores the relationships between R&D intensity, operating intensity and firms’ performance. Multiple regression analysis approach is adopted based on the unbalanced panel dataset of global e-commerce listed companies in 49 countries in 2001-2015. Our findings suggest that suitable R&D intensity contributes positively to e-commerce firms’ performance, and with a lag. Operating intensity contributes an inverted U shape to e-commerce firms’ performance. We also find that interaction between R&D and operating intensity’s effects on firms’ performance is positively significant in global samples. In Group 7 sample, R&D intensity contributes positively to e-commerce firms’ performance, but BRICS sample’s is negative. Operating intensity contributes positively to firms’ performance both in Group 7 sample and BRICS sample. Marginal utility of operating intensity on firms’ performance in Group 7 sample is bigger than in BRICS. The results imply that R&D investment of e-commerce listed companies in BRIC countries has not converted to benefit, however it drags down the firms’ performance.

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Suitable business models for innovation in different levels of the smart grid energy industry

Cited by 6 publications

References 55 publications

Investigating the Determinants of the Growth of the New Energy Industry: Using Quantile Regression Approach

Investigating the Determinants of the Growth of the New Energy Industry: Using Quantile Regression Approach

The novelty-centered business model: a transition mechanism between exploration and exploitation in SMEs

E-commerce Industry’s R&D, Market Operating and Performance: Based on Worldwide Listed Companies’ Empirical Analysis

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