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Exploring the Dynamics of the Wind Energy Industry
Högskolan i Halmstad, Akademin för ekonomi, teknik och naturvetenskap, Centrum för innovations-, entreprenörskaps- och lärandeforskning (CIEL).
Högskolan i Halmstad, Akademin för ekonomi, teknik och naturvetenskap, Centrum för innovations-, entreprenörskaps- och lärandeforskning (CIEL), Centre for Technology, Innovation and Marketing Management (CTIM2).ORCID-id: 0000-0003-2111-5977
Högskolan i Halmstad, Akademin för ekonomi, teknik och naturvetenskap, Centrum för innovations-, entreprenörskaps- och lärandeforskning (CIEL), Business Model Innovation (BMI). Shanghai Dianji University, School of Business, Shanghai, China.
Högskolan i Halmstad, Akademin för ekonomi, teknik och naturvetenskap, Centrum för innovations-, entreprenörskaps- och lärandeforskning (CIEL), Business Model Innovation (BMI).ORCID-id: 0000-0002-5849-1442
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2015 (Engelska)Ingår i: International Association for Management of Technology: IAMOT 2015 Conference Proceedings / [ed] Pretorius, Leon, Cape Town: International Association for Management of Technology (IAMOT) , 2015, s. 631-654Konferensbidrag, Publicerat paper (Refereegranskat)
Abstract [en]

Since the end of 1990s the growth of new energy and renewable energy production has been strong and increasing. Wind power energy has become one important source of energy almost all over the world. Europe, USA and Asia has become the leading markets in the development of wind energy. The total volume of global wind energy production has increased from 13,600 MW in 1999 to 318,137 MW in 2013. Since 2006 the wind energy industry is showing very rapid growth as well as dynamics among major industry actors. Some companies has left the industry due to heavy competion, some has used the growth as an opportunity to expand and the inceasing demand and the growth in the wind energy sector has opened opportunities for new actors to enter the industry. China has very fast become the largest country in the world in terms of installed wind energy capacity (28,7% share of total installed capacity and 45,4 % share of installed capacity in 2013). China is followed by Germany, UK and India. USA is now on the 6th place regarding the share of new installed capacity in 2013 with 3,1%. Sweden is on the 9th global place, shared with Romania, with 2.0 % installed capacity in 2013.The study focuses on the industry dynamics among major wind turbine producers during the period of 2006 and 2013. The study explores how the seven top wind energy companies, with the greatest market share of wind turbine manufacturing, used business model innovation to create competitive advantage, how they act to sustain competitive, and how they act business wise globaly in the wind energy industry. Our analysis identifies three major industry clusters based on their mix of business model components. We have labeled those three as “Born in Wind – Stay In Wind”, “Born In Wind – Expand In Others” and “Born In Others – Expand In Wind” due to the patterns of actors from their origin, growth and expansion strategies to diffusion in different markets. The majority of manufacturers have their origin outside wind energy industry, and they create success through new combinations of resources and new value creation for customers. Only one global actors is born in the wind energy and is still remaning in the wind energy industry. All actors have over the years reshaped their business model components, value propositions and value creation to customers in order to sustain competitive on the market. There are new comers in the wind turbine industry that in short of time has achieved high growth and high market shares. Our analysis shows that the business model innovation can be seen as one important perspective to understand the dynamics of wind power industry. Based on our analysis and findings we suggest that companies in the future even more should focus on the design and innovation of their business models, and that those should have the focus on the value creation for customers from a customer perspective and make differentiation from their competitors in the global wind power industry. Copyright © 2015 by Halmstad University & Shanghai Dianji University.

Ort, förlag, år, upplaga, sidor
Cape Town: International Association for Management of Technology (IAMOT) , 2015. s. 631-654
Nationell ämneskategori
Företagsekonomi
Identifikatorer
URN: urn:nbn:se:hh:diva-29616Scopus ID: 2-s2.0-84975721742OAI: oai:DiVA.org:hh-29616DiVA, id: diva2:860752
Konferens
24th Annual IAMOT Conference, Cape Town, South Africa, 8-11 June, 2015
Projekt
BMI Wind
Forskningsfinansiär
KK-stiftelsenTillgänglig från: 2015-10-13 Skapad: 2015-10-13 Senast uppdaterad: 2018-03-22Bibliografiskt granskad

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Pataci, HilalDanilovic, MikeLiu, LihuaHoveskog, MayaHalila, Fawzi

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