Catching up through green windows of opportunity in an era of technological transformation: Empirical evidence from the Chinese wind energy sector
研究了全球风电技术从陆上/海上风机向数字/混合系统转型过程中,后发企业追赶能力差异的原因,基于中国风电行业数据。
Abstract Recent transformations in the global wind energy industry have considerable implications for firms to catch up as the sectoral frontier advances from on- and offshore wind turbines towards digital/hybrid systems. These technological shifts potentially precipitate new green windows of opportunity. This article finds that latecomer firms show different capabilities in responding to technological transformation at the global level, which explains variations in catch-up trajectories under the same framework conditions.