Implications of open eco-innovation for sustainable development: Evidence from the European renewable energy sector
This study aims to look inside the vague construct of an open eco-innovation (OE) network to reveal underlying strategic factors of combining complementary resources to overcome complexity. Results show that uncertain economic outcomes might reduce the motives of certain partners to engage in OE. In...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Elsevier
2023-12-01
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| Series: | Sustainable Futures |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666188823000394 |
| _version_ | 1797401701886459904 |
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| author | Zoltán Csedő Máté Zavarkó József Magyari |
| author_facet | Zoltán Csedő Máté Zavarkó József Magyari |
| author_sort | Zoltán Csedő |
| collection | DOAJ |
| description | This study aims to look inside the vague construct of an open eco-innovation (OE) network to reveal underlying strategic factors of combining complementary resources to overcome complexity. Results show that uncertain economic outcomes might reduce the motives of certain partners to engage in OE. In this case, OE network transformation is needed to reduce risks of market failure, driven by bridging nodes. This transformation should focus on exploration and future complementarities of network members, instead of exploitation and existing complementarities, despite technological maturity. This study is the first to demonstrate the significance of future complementarities in OE network evolution. |
| first_indexed | 2024-03-09T02:13:54Z |
| format | Article |
| id | doaj.art-93ee4885e952445da2711ea6f2e9261f |
| institution | Directory Open Access Journal |
| issn | 2666-1888 |
| language | English |
| last_indexed | 2024-03-09T02:13:54Z |
| publishDate | 2023-12-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Sustainable Futures |
| spelling | doaj.art-93ee4885e952445da2711ea6f2e9261f2023-12-07T05:30:36ZengElsevierSustainable Futures2666-18882023-12-016100143Implications of open eco-innovation for sustainable development: Evidence from the European renewable energy sectorZoltán Csedő0Máté Zavarkó1József Magyari2Department of Management and Organization, Institute of Strategy and Management, Corvinus University of Budapest, 1093, Budapest, Hungary; Power-to-Gas Hungary Kft, 5000, Szolnok, HungaryDepartment of Management and Organization, Institute of Strategy and Management, Corvinus University of Budapest, 1093, Budapest, Hungary; Power-to-Gas Hungary Kft, 5000, Szolnok, Hungary; Corresponding author at: Fővám sq. 8, 1093, Budapest, Hungary (Building E, Office 363, Department of Management and Organization, Institute of Strategy and Management, Corvinus University of Budapest).Department of Management and Organization, Institute of Strategy and Management, Corvinus University of Budapest, 1093, Budapest, HungaryThis study aims to look inside the vague construct of an open eco-innovation (OE) network to reveal underlying strategic factors of combining complementary resources to overcome complexity. Results show that uncertain economic outcomes might reduce the motives of certain partners to engage in OE. In this case, OE network transformation is needed to reduce risks of market failure, driven by bridging nodes. This transformation should focus on exploration and future complementarities of network members, instead of exploitation and existing complementarities, despite technological maturity. This study is the first to demonstrate the significance of future complementarities in OE network evolution.http://www.sciencedirect.com/science/article/pii/S2666188823000394Sustainable developmentOpen innovationEcological innovationInter-organizational networkEnergy sector, renewable energy |
| spellingShingle | Zoltán Csedő Máté Zavarkó József Magyari Implications of open eco-innovation for sustainable development: Evidence from the European renewable energy sector Sustainable Futures Sustainable development Open innovation Ecological innovation Inter-organizational network Energy sector, renewable energy |
| title | Implications of open eco-innovation for sustainable development: Evidence from the European renewable energy sector |
| title_full | Implications of open eco-innovation for sustainable development: Evidence from the European renewable energy sector |
| title_fullStr | Implications of open eco-innovation for sustainable development: Evidence from the European renewable energy sector |
| title_full_unstemmed | Implications of open eco-innovation for sustainable development: Evidence from the European renewable energy sector |
| title_short | Implications of open eco-innovation for sustainable development: Evidence from the European renewable energy sector |
| title_sort | implications of open eco innovation for sustainable development evidence from the european renewable energy sector |
| topic | Sustainable development Open innovation Ecological innovation Inter-organizational network Energy sector, renewable energy |
| url | http://www.sciencedirect.com/science/article/pii/S2666188823000394 |
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