Title: Towards a model of wind energy industry development in industrial and emerging economies
Authors: Juan Leonardo Espinoza, Harrie Vredenburg
Addresses: Faculty of Engineering, University of Cuenca, Av. 12 de Abril s/n Cuenca, Ecuador. ' Haskayne School of Business, University of Calgary, 2500 University Dr, NW, Calgary, Alberta, T2N 1N4, Canada
Abstract: Through the development and analysis of four in-depth case studies of the emergence of wind power industries in two industrialised and two emerging economies, the authors develop a model of sustainable energy industry development. The model demonstrates that fundamental economic indicators are insufficient for explaining new industry development. Environmental, institutional and cultural factors idiosyncratic to individual jurisdictions play important roles in the emergence of renewable energy industries in both industrialised and emerging economies. The model makes contributions to institutional and strategic change theories and has implications for policy makers and managers.
Keywords: sustainability; wind power industry; renewable energy; institutional factors; legitimacy; climate change; wind energy; sustainable development; industrialised economies; emerging economies; organisational change; strategic change; environmental factors; cultural factors; culture.
Global Business and Economics Review, 2010 Vol.12 No.3, pp.203 - 229
Received: 02 Aug 2009
Accepted: 18 Jan 2010
Published online: 28 Aug 2010 *