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Development and deployment dynamics of sustainability-driven innovations in the electric and energy utility industry
- Source :
- The Journal of High Technology Management Research. 29:88-97
- Publication Year :
- 2018
- Publisher :
- Elsevier BV, 2018.
-
Abstract
- The purpose of this paper is to examine sustainability-oriented innovations within the electric and energy utility industry in US through the lens of innovation theory and obtain insights on the development and commercialization of sustainability-oriented utility innovations. This research focuses on the top MSCI ESG-rated U.S. utility companies and explores a mix of innovations and strategies that differentiate these top companies. The three emerging propositions from this study are the importance for companies to diversify their innovation portfolio, engage their customers, and establish an intrapreneurial culture. The conjoining of these three propositions offers an evaluation and decision making framework for the companies to maximize the efficacy of profitable and sustainable innovations at all levels and gain a competitive edge against their competitors.
- Subjects :
- Marketing
Information Systems and Management
020209 energy
Strategy and Management
Energy (esotericism)
05 social sciences
02 engineering and technology
Competitor analysis
Commercialization
Competitive advantage
Computer Science Applications
Software deployment
Dynamics (music)
Management of Technology and Innovation
0502 economics and business
Sustainability
0202 electrical engineering, electronic engineering, information engineering
Portfolio
Business
050203 business & management
Industrial organization
Subjects
Details
- ISSN :
- 10478310
- Volume :
- 29
- Database :
- OpenAIRE
- Journal :
- The Journal of High Technology Management Research
- Accession number :
- edsair.doi...........94bdfd0c92424b9553a22b2f38ff8b4a
- Full Text :
- https://doi.org/10.1016/j.hitech.2018.04.008