Unleashing the transformative potential of innovations (P)

ABSTRACT

Several innovations promise to accelerate transition but only a few can engender broader socio-economic effects beyond environmental improvement. This research questions under which conditions the development of new technological systems contributes to changes in other sectors. We conceptualize the transformative potential of innovations in three dimensions: context; complementarities; and competition. We discuss this framework against the empirical case of the development of marine renewable energies – whose growth benefit from spillovers of existing activities - in different contexts, such as Portugal and Norway. While the existence of an offshore oil & gas industry accelerates the emergence of offshore wind in Norway, the absence of an offshore energy sector raises challenges, but also creates opportunities for the transformation of several sectors in Portugal. We also perform a sectoral mapping and a survey of the actors in Portugal. Support to mature innovations lead to faster results in the focal sector; combined technology development results in more diversified activity, innovation and organizational change in adjacent sectors. Implications include a framework for assessing the socio-economic impacts of innovations, as well as the identification of policy-relevant circumstances that can simultaneously accelerate the transition to a low-carbon energy system and stimulate its transformative potential.

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​​HIGHLIGHTS

• Tecnologias com capacidade transformadora induzem mudanças no contexto industrial

• Foco na extensão e natureza das atividades de setores adjacentes que se envolvem nas tecnologias emergentes

• Apoio a tecnologias mais maduras permite resultados mais rápidos no setor emergente; apoio ao desenvolvimento combinado de diferentes tecnologias resulta em atividades mais diversificadas, inovação e mudança organizacional em setores adjacentes.

• Comparação com a Noruega revela que o contexto influencia a intensidade e a natureza das relações complementares e competitivas.

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(Fontes,M., Bento, N., Andersen, A., 2019) – “Unleashing the transformative potential of innovations: context, complementarities and competition”. International Sustainable Transition Conference 2019 – 23-26/June – Ottawa, Canada –presentation

Apresentação

Unleashing the transformative potential of innovations

ABSTRACT

Several innovations promise to accelerate transition but only a few can engender broader socio-economic effects beyond environmental improvement. This research questions under which conditions the development of new technological systems contributes to changes in other sectors. We conceptualize the transformative potential of innovations in three dimensions: context; complementarities; and competition. We discuss this framework against the empirical case of the development of marine renewable energies – whose growth benefit from spillovers of existing activities - in different contexts, such as Portugal and Norway. While the existence of an offshore oil & gas industry accelerates the emergence of offshore wind in Norway, the absence of an offshore energy sector raises challenges, but also creates opportunities for the transformation of several sectors in Portugal. We also perform a sectoral mapping and a survey of the actors in Portugal. Support to mature innovations lead to faster results in the focal sector; combined technology development results in more diversified activity, innovation and organizational change in adjacent sectors. Implications include a framework for assessing the socio-economic impacts of innovations, as well as the identification of policy-relevant circumstances that can simultaneously accelerate the transition to a low-carbon energy system and stimulate its transformative potential.

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HIGHLIGHTS

• Transformative technologies induce a change in the industrial context

• Focus on the extent and nature of activities in adjacent sectors that engage with the emerging technologies

• ​​Support to more mature technologies leads to faster results in the emerging sector; support to combined development of different technologies results in more diversified activity, innovation and organizational change in adjacent sectors

• ​​Comparison with Norway reveals that context constrains the intensity and nature of complementary and competitive relationships​

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(Fontes,M., Bento, N., Andersen, A., 2019) – “Unleashing the transformative potential of innovations: context, complementarities and competition”. International Sustainable Transition Conference 2019 – 23-26/June – Ottawa, Canada –presentation

Link to Presentation

New research fellows in the project

The team of the University of Porto has a new research fellow, which will reinforce its activity. The Dinamia’CET –IUL team was equally reinforced by a new master research fellow, Juliana Barbosa. She is economist, with master in economics and PhD candidate at Climate Change and Sustainable Development Policies at Nova University of Lisbon.

Welcome to the OceanTrans project!!