The role of inter-organizational innovation networks as change drivers in commercialization of disruptive technologies

Csedő, Zoltán; Zavarkó, Máté

doi:10.5278/ijsepm.3388

Cited by 14 publications

(12 citation statements)

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“…These connections could be built and used, for example, in an innovation ecosystem with heterogeneous actors [130]. The relevance of these innovation networks and combining the capabilities of different actors (e.g., industrial actors, academia, investors) has already been presented empirically; for example, in the case of the power-to-gas industry [131].…”

Section: Interpretation Of Dynamic Cg Based On the Theoretical Iterationmentioning

confidence: 99%

Dynamic Corporate Governance, Innovation, and Sustainability: Post-COVID Period

2022

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Recent complex changes of the organizational environment urge the boards of directors of energy corporations to step up quickly in crises (e.g., COVID-19) and foster innovation, to seize new strategic opportunities (e.g., environmental, social, and governance (ESG) investments). The purpose of the study is to provide in-depth analyses of ESG projects during the COVID-19 pandemic, through the lens of an emerging theoretical approach, dynamic corporate governance (CG). The research is built on the multi-case study method at large energy companies and energy startups. The research goal was to empirically analyze theoretical opportunities of dynamic board behavior in this research context. The major findings show that ESG projects faced serious challenges in the fast-changing organizational environment generated by COVID-19, which induced board intervention regarding innovation, networks, and organizational changes. This study is among the first to offer a novel theoretical viewpoint, by integrating CG and strategic management theories, besides the already dominant financial and reporting aspects. From a practical perspective, our conclusions might direct the attention of boards of directors toward innovation, networks, and organizational changes, in order to enable adaptation in turbulent times and increase sustainability in the social and environmental dimensions.

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Section: Interpretation Of Dynamic Cg Based On the Theoretical Iterationmentioning

confidence: 99%

Dynamic Corporate Governance, Innovation, and Sustainability: Post-COVID Period

2022

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“…There is a consensus of the crucial role of the P2G technology for the future energy sector [12,15]. Innovation management aspects of P2G technology have also been already (partly) covered [16,17]. A key term and a key phenomenon, however, in the intersection of these three key topics (1: future impact, 2: techno-economic aspects, 3: innovation), called "disruptive technology" and "disruption" are overlooked in the literature despite its importance.…”

Section: Introductionmentioning

confidence: 99%

“…Based on the literature, P2M technology in a macro-economic context means an opportunity not only for seasonal energy storage but for decarbonization, as well, as it converts CO 2 into CH 4 in the presence of H 2 [33]. Moreover, P2M can provide e.g., sector coupling [34], new business opportunities on a company-level [35], or also new challenges for the regulators [16]. Thus, P2M seems to be disruptive at first sight.…”

Section: Introductionmentioning

confidence: 99%

Disruption Potential Assessment of the Power-to-Methane Technology

2021

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Power-to-methane (P2M) technology is expected to have a great impact on the future of the global energy sector. Despite the growing amount of related research, its potential disruptive impact has not been assessed yet. This could significantly influence investment decisions regarding the implementation of the P2M technology. Based on a two-year-long empirical research, the paper focuses on exploring the P2M technology deployment potential in different commercial environments. Results are interpreted within the theoretical framework of disruptiveness. It is concluded that P2M has unique attributes because of renewable gas production, grid balancing, and combined long-term energy storage with decarbonization, which represent substantial innovation. Nevertheless, empirical data suggest that the largest P2M plants can be deployed at industrial facilities where CO2 can be sourced from flue gas. Therefore, a significant decrease of carbon capture technology related costs could enable the disruption potential of the P2M technology in the future, along with further growth of renewable energy production, decarbonization incentives, and significant support of the regulatory environment.

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“…An earlier study of mine was based on five years' data of the Belgian Elia Group, and it monitored the balancing capacities necessary for the regulation of photovoltaic power plants at quarter hourly intervals. The goal of the examination was to establish what the effects of the day-ahead and intraday schedules were on the required regulation [78]. The present study takes a step further from the previous results and only concentrates on the required regulation needed for keeping the intraday schedules in the Visegrad countries, pointing out the possibilities of balancing solar power plants with the help of power-to-gas technology.…”

Section: Utilizing Biogas and The Potentials Of Power-to-gas Technologymentioning

confidence: 88%

“…Both industrial and scientific actors agree that power-to-gas technology has a significant potential for the future [73,74]. Currently, however, there are only a few industrial-size power-to-gas plants around the world, so this technology is still in a phase of initial growth [77,78].…”

Section: Utilizing Biogas and The Potentials Of Power-to-gas Technologymentioning

confidence: 99%

The Potential Role of Power-to-Gas Technology Connected to Photovoltaic Power Plants in the Visegrad Countries—A Case Study

Pintér

2020

Energies

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With the spread of the use of renewable sources of energy, weather-dependent solar energy is also coming more and more to the fore. The quantity of generated electric power changes proportionally to the intensity of solar radiation. Thus, a cloudy day, for example, greatly reduces the amount of electricity produced from this energy source. In the countries of the European Union solar power plants are obligated to prepare power generation forecasts broken down to 15- or 60-min intervals. The interest of the regionally responsible transmission system operators is to be provided with forecasts with the least possible deviation from the actual figures. This paper examines the Visegrad countries’ intraday photovoltaic forecasts and their deviations from real power generation based on the photovoltaic power capacity monitored by the transmission system operators in each country. The novelty of this study lies in the fact that, in the context of monitored PV capacities in the Visegrad countries, it examines the regulation capacities needed for keeping the forecasts. After comparing the needs for positive and negative regulation, the author made deductions regarding storage possibilities complementing electrochemical regulation, based on the balance. The paper sought answers concerning the technologies required for the balancing of PV power plants in the examined countries. It was established that, as a result of photovoltaic power capacity regulation, among the four Visegrad countries, only the Hungarian transmission system operator has negative required power regulation, which could be utilized in power-to-gas plants. This power could be used to produce approximately 2.1 million Nm3 biomethane with a 98% methane content, which could be used to improve approximately 4 million Nm3 biogas of poor quality by enriching it (minimum 60% methane content), so that it can be utilized. The above process could enhance the viability of 4–6 low-methane agricultural biogas plants in Hungary.

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The role of inter-organizational innovation networks as change drivers in commercialization of disruptive technologies

Cited by 14 publications

References 0 publications

Dynamic Corporate Governance, Innovation, and Sustainability: Post-COVID Period

Dynamic Corporate Governance, Innovation, and Sustainability: Post-COVID Period

Disruption Potential Assessment of the Power-to-Methane Technology

The Potential Role of Power-to-Gas Technology Connected to Photovoltaic Power Plants in the Visegrad Countries—A Case Study

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