Title: A comparative review of the role of markets and institutions in sustaining innovation in cleantech: a critical mass approach
Authors: Kernaghan Webb; Randy Cruz; Philip R. Walsh
Addresses: Ted Rogers School of Management, Ryerson University, 350 Victoria Street, Toronto, Ontario, M5B 2K3, Canada ' Ted Rogers School of Management, Ryerson University, 350 Victoria Street, Toronto, Ontario, M5B 2K3, Canada ' Ted Rogers School of Management, Ryerson University, 350 Victoria Street, Toronto, Ontario, M5B 2K3, Canada
Abstract: This paper serves to examine and compare the role of markets and institutions in the adoption of clean technologies ('cleantech') in Canada, Germany and the USA. Sustainable innovation and industry growth in cleantech in a particular jurisdiction can take place when there is ongoing market pressure for cleantech and a 'critical mass' of private sector, government and academic actors, initiatives and structures that support the widespread adoption and use of cleantech. Employing Webb's (2005) sustainable governance approach as a base of analysis, it would appear that Canada lacks the density of institutions, instruments, processes and actors needed to create a critical mass to support sustainable cleantech activity in the long-term. In particular, when compared with Germany and the USA, the Canadian approach lacks key federal support and lacks the degree of private sector and civil society (academic) activity in cleantech that can be observed in those jurisdictions.
Keywords: cleantech; critical mass; sustainable innovation; institutional practices; market role; sustainability; clean technologies; Canada; Germany; USA; United States; sustainable governance.
International Journal of Innovation and Sustainable Development, 2017 Vol.11 No.2/3, pp.149 - 169
Received: 04 Jun 2016
Accepted: 31 Jul 2016
Published online: 15 Mar 2017 *