Title: Path Dependence and New Path Creation in Renewable Energy Technologies
Publisher: Routledge
Publication Date: 2024
Language: English
ISBN 10: 1032928883
ISBN 13: 9781032928883
Binding: Soft cover
Condition: Brand New

About this title

Synopsis

Why are old technologies persisted with after better alternatives have been invented? This book examines this question, a central concern of evolutionary economics, specifically focusing on renewable energy technologies. The concept of path dependence is used to analyse why and how technological development can become locked-in to inefficient ways of doing things. This book shows how lock-in can be avoided by the creation of new technological pathways.

The chapters focus on the comparatively recent introduction of new wind turbine technologies for the generation of carbon free electricity. This case study provides valuable lessons in understanding the issues confronting inventors attempting to commercialise their new ideas in the form of innovations in the face of historically established conventional technologies. It is also set within the critical debate on climate change and the need to de-carbonise energy supplies in order to stop further man-made deterioration in the global environment.

This book was originally published as a special issue of European Planning Studies.

About the Author

James Simmie is professor of Innovation Studies at Oxford Brookes University, UK. His work is focused on the relationships between innovation, productivity and the competitiveness of urban regions. It is developed within the theoretical framework of evolutionary economics and geography. Over the years he has published widely on these themes. Some of his more recent publications are available to download from http://planning.brookes.ac.uk/staff/jamessimmie.html

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