Title: The dynamics of institutional and organisational change in emergent industries: the case of electric vehicles
Authors: Miguel Vazquez; Michelle Hallack; Yannick Perez
Addresses: IEFE, Bocconi University, Milan, Italy and Florence School of Regulation, European University Institute, Florence, Italy ' Florence School of Regulation, European University Institute, Florence, Italy and Faculty of Economics, Fluminense Federal University, Niteroi, Brazil ' RITM, Armand Peugeot Chair (CentraleSupélec-ESSEC Business School), Université Paris-Sud and LGI Centrale Supelec, LGI 3 rue Joliot Curie 91190 Gif sur Yvette, Paris, France
Abstract: We consider the electric vehicle industry as a complex system within which firms choose among competing organisational architectures and regulatory institutions emerge from the interaction between firms' choices and rule-makers' beliefs. The main drivers to change regulatory institutions are the 'evaluative criteria' applied to outcomes. Evaluative criteria are rule-makers' simplified models against which outcomes are evaluated. We look at the emergence of dominant organisational structures, and point at the importance of the institutional design in such process. In particular, we analyse the interaction between policy choices: we consider policy makers that have two main dimensions upon which to act: they may facilitate cooperative strategies, or they may implement demand-side measures.
Keywords: co-evolution; institutional evolution; path-dependence; electric vehicles.
International Journal of Automotive Technology and Management, 2018 Vol.18 No.3, pp.187 - 208
Received: 30 Aug 2017
Accepted: 23 Jan 2018
Published online: 14 Jun 2018 *