Business model innovation in demand response firms: Beyond the niche-regime dichotomy

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http://hdl.handle.net/10138/331734

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S. Ruggiero, H.-L. Kangas, S. Annala, D. Lazarevic. Business model innovation in demand response firms: Beyond the niche-regime dichotomy. Environmental Innovation and Societal Transitions 39 (2021) pages 1-17. https://doi.org/10.1016/j.eist.2021.02.002

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Title: Business model innovation in demand response firms: Beyond the niche-regime dichotomy
Author: Ruggiero, Salvatore; Kangas, Hanna-Liisa; Annala, Sari; Lazarevic, David
Publisher: Elsevier
Date: 2021
Language: en
Belongs to series: Environmental Innovation and Societal Transition 39
ISSN: 2210-4224
DOI: https://doi.org/10.1016/j.eist.2021.02.002
URI: http://hdl.handle.net/10138/331734
Abstract: Demand response (DR) is an innovation emerging at the intersection of the energy and information and communications technology sectors. This paper aims to investigate the drivers of—and differences in—business model innovation (BMI) behaviours of firms operating in these two interacting industries. Results from 22 semi-structured interviews with representatives of Finnish DR companies show that external drivers of BMI include regulation, competition, and the demise of the telecom industry following the fall of Nokia. Whereas technology start-ups and companies from adjacent industries are motivated by entrepreneurial opportunities, incumbent energy companies are driven by the threat of losing their existing customers and need to increase efficiency. The BMI behaviours observed do not fall neatly into the often-used dichotomous categories of niche/new entrant and regime/incumbent, as firms show behaviours from both extremes. To overcome this binary thinking, we propose a morphological box model that represents the extreme states of firm BMI while allowing for flexibility.
Subject: business model
sustainability transition
demand-side management
sectoral reconfiguration
multi-technology interaction
BMI
demand response
Subject (ysa): mallit (mallintaminen)
tekniset alat
informaatioala
energia
innovaatiot
viestintä
teknologia
vuorovaikutus
kestävä kehitys
muutos
liiketoiminta
yritykset
informaatio
Suomi
energia-ala
viestintäala
Rights: CC BY 4.0


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