scholarly journals Innovation Strategies within the Transforming Russian Electric Power Sector

2001 ◽  
Vol 14 (7) ◽  
pp. 1092-1102
Author(s):  
Yegor D. Burda ◽  
Keyword(s):  
Electric Power ◽  
Power Supply ◽  
Open Innovation ◽  
Innovation Strategy ◽  
Structured Interviews ◽  
Power Sector ◽  
Electric Power Sector ◽  
Innovation Strategies ◽  
The One

Currently, Russian electric power sector is influenced by two divergent tendencies: on the one hand, we can observe a structural transformation of the industry and increasing role of innovations; on the other hand, it is still subject to regulation, while reliability and safety of power supply remain of paramount importance. This situation creates a unique opportunity to explore which innovation strategies are chosen by companies and which factors have the greatest influence on their decisions. A qualitative study was conducted based on a set of semi-structured interviews with several managers of Russian power companies. Further analysis allowed to reveal the dominant innovation strategies employed within the industry: traditional contracts, in-house development, closed and open innovation ecosystems. This study also revealed factors that determine the choice of an innovation strategy: goals of the firm and type of market it aims to operate at. The results provide managers with insights allowing them to make better-grounded decisions in terms of choosing an innovation strategy within various settings

scholarly journals The Role of Renewable Energies in the Sustainable Development of Post-Crisis Electrical Power Sectors Reconstruction

Energies ◽  
2020 ◽  
Vol 13 (23) ◽  
pp. 6326
Author(s):  
Vladimír Krepl ◽  
Husam I. Shaheen ◽  
Ghaeth Fandi ◽  
Luboš Smutka ◽  
Zdenek Muller ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Electric Power ◽  
Renewable Energy Sources ◽  
Electrical Power ◽  
Vital Role ◽  
Power Sector ◽  
The Sustainable Development ◽  
Crisis Period ◽  
Electric Power Sector

The electric power sector in countries suffering from crises and wars such as Syria, Iraq, Yemen, Libya, etc., is among the most affected infrastructures. Since this sector plays a vital role in the economic growth and in improving people’s quality of life, the post-crisis reconstruction of this sector must take into account the requirements and concepts of sustainable development (SD) in addition to technical and economic considerations. This article discusses the role that renewable energy sources (RES) can play in achieving SD in the post-crisis reconstruction phase of the Syrian Electric Power Sector (SEPS) as a case study. Based on the available data, the study period was chosen from 2005 to 2017 and divided into two periods. In the first period (2005–2010), which is the pre-crisis period, the structure of the SEPS and its main characteristics were described while the adoption of RES solutions and SD concepts were investigated. In the second period (2011–2017), the crisis period, the satiation of the SEPS and impact of the crisis were evaluated. The challenges that faced the adoption of SD concepts and RES solution were also addressed at this stage. Based on analysis and comparison of the available data, several scenarios were discussed to evaluate the role of RES in achieving SD in the post-crisis reconstruction phase of the SEPS. EnergyPLAN software was used for the techno and socio-economic evaluation of these scenarios. Our results emphasize the importance of the adoption of RES solutions in the reconstruction phase, as these can help promote SD concepts (reducing greenhouse gas emissions, protecting the environment, increasing energy efficiency, creating jobs, etc.) and securing the electric supply of the SEPS while enhancing its stability.

Research on the evolutionary game of knowledge pricing in an open innovation environment: from the perspective of social dual innovation balance

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xuejiao An ◽  
Lin Qi ◽  
Jian Zhang ◽  
Xinran Jiang
Keyword(s):  
Intellectual Property ◽  
Transaction Cost ◽  
Open Innovation ◽  
Demand Elasticity ◽  
Innovation Strategy ◽  
Content Type ◽  
Innovation Strategies ◽  
Inverse Demand ◽  
The One ◽  
First Mover

PurposeThis paper aims to find out the factors that influence the choice of dual innovation strategies in the process of knowledge pricing and transaction between first-mover and late-mover companies in an open innovation environment and also to find the key factors that affect the company's strategic choice in factors such as heterogeneous market environment, demand elasticity, exploration risk intellectual property prices and transaction cost.Design/methodology/approachThis study uses the Cournot equilibrium and Stackelberg two-stage master-slave game model to describe the evolutionary process of knowledge pricing in an open innovation environment of first-mover and late-mover companies.FindingsResearch shows that in an open innovation environment, the formation of a dual innovation strategy in the pricing process of corporate intellectual property transactions is a complex process. Changes in one-time transaction costs and changes in the inverse demand coefficient of the innovation market play the decisive role in the choice of dual innovation strategies. When the demand of the innovation market is moderate, the inverse demand coefficient of the innovation market and the one-time transaction cost has an inverted U-shaped influence relationship. As the innovation market's inverse demand coefficient and the one-time transaction cost increase at the same time, the degree of differentiation of the enterprise's dual innovation strategy choice gradually reduces; when the one-time transaction cost is the largest, the degree of strategy differentiation is minimized.Originality/valueBased on the above relationship, suggestions are made to guide enterprises in the knowledge pricing and transaction process in an open innovation environment, promote enterprises to form a dislocation development and complementary advantages in the knowledge innovation ecological chain and improve the overall innovation efficiency of the industry.

The role of boundary management in open innovation: towards a 3D perspective

2021 ◽  
Vol 27 (8) ◽  
pp. 57-84
Author(s):  
Rosita Capurro ◽  
Raffaele Fiorentino ◽  
Stefano Garzella ◽  
Rosa Lombardi
Keyword(s):  
Open Innovation ◽  
Qualitative Methodology ◽  
Relevant Literature ◽  
Firm Boundaries ◽  
Boundary Management ◽  
Innovation Implementation ◽  
Content Type ◽  
Listed Firms ◽  
The One

PurposeThe aim of this paper is to investigate the role of boundary management when firms should implement open innovation.Design/methodology/approachThe relevant literature on strategic management, firm boundaries and open innovation fields is revised and critically assessed. An interpretive-qualitative methodology is applied to analyse empirical data obtained from a questionnaire and subsequent interviews of a sample of Italian listed firms. By critically integrating literature review and empirical analysis, a framework is provided with the objective of supporting open innovation implementation.FindingsThe study shows that on the one hand, open innovation and many modern paths of growth are connected to a firm's boundaries and that on the other hand, boundary management plays a key role in the implementation of open innovation.Practical implicationsThe paper has implications for practitioners by driving them to shift the focus of open innovation implementation towards the management of boundaries, in which boundary capabilities and activities play a key role.Originality/valueThis paper sheds light on the advantages and risks that can jeopardize a successful opening up innovation processes without the effective management of boundary studies. Thus, the authors identify and propose causes for reflection and tools maximizing potentiality and reducing risks in the implementation of such processes.

scholarly journals Impact of National Economic Empowerment and Development Strategy (NEEDS) on the Private Sector: A Case Study of Power Sector

2014 ◽  
Vol 4 (3) ◽  
pp. 144
Author(s):  
Modinat Olaitan Olusoji ◽  
Olusegun O. Oloba
Keyword(s):  
Private Sector ◽  
Development Strategy ◽  
Power Supply ◽  
Policy Formulation ◽  
Economic Empowerment ◽  
Power Sector ◽  
Role Of Government ◽  
National Economic ◽  
The Impact

The paper examines the impact of the National Economic Empowerment and Development Strategy (NEEDS) on the private sector by looking at the contribution the power sector had made in realizing the goal of making private enterprise the engine of growth in Nigeria. NEEDS reform is to  transform the power sector into one led by the private sector, with the role of government  restricted primarily in policy formulation and establishment of an appropriate legal and regulatory framework.  The paper discusses among many things: an overview of power supply in Nigeria; the effect of power sector on private sectors; challenges of the sector; as well as the ways forward. The paper concludes that there is   need to put concerted effort to generate adequate power supply to enable the private sector thrives and serves as engine of growth in Nigeria.

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