Doblinger, Claudia and Dowling, Michael and Helm, Roland (2016) An institutional perspective of public policy and network effects in the renewable energy industry: enablers or disablers of entrepreneurial behaviour and innovation? ENTREPRENEURSHIP AND REGIONAL DEVELOPMENT, 28 (1-2). pp. 126-156. ISSN 0898-5626, 1464-5114
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This study extends theory on the effects of public policies stimulating technology demand and of industry network ties on firm-level entrepreneurial behaviour. We take an institutional perspective to develop a theoretical model examining the mechanisms through which public policies, regulatory uncertainty, and industry network ties affect firm-level entrepreneurial decision-making processes and the ability to introduce highly innovative products and to sustain superior performance. We focus on firm-level effects, which enables the study of the tension between institutional pressures of homogeneity and competitive pressures of heterogeneity for entrepreneurial decision-making processes in environments characterized by policy-induced market demands. To test our hypotheses, we draw on data from a large-scale survey among German renewable energy firms. Our results show that public policies can constrain firm innovativeness and risk-taking behaviour because they steer firms towards a more conservative attitude and discourage the pursuit of high-risk innovation projects. However, firms can counteract these influences and enhance their innovativeness by maintaining close network ties with research associations as we find that innovativeness and a highly innovative product portfolio are key success factors. In summary, these findings provide important implications for the study of public policy effects, industry network ties and entrepreneurial behaviour.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | STRUCTURAL EQUATION MODELS; MODERATING ROLE; STRATEGIC ORIENTATION; COMPETITIVE ADVANTAGE; DYNAMIC CAPABILITIES; ENVIRONMENTAL-POLICY; MARKET ORIENTATION; INTERFIRM NETWORKS; FIRM PERFORMANCE; SOCIAL-STRUCTURE; Entrepreneurship; innovation; public policy; network ties; institutional theory; renewable energy technologies; structural equation modelling |
| Subjects: | 300 Social sciences > 330 Economics |
| Divisions: | Business, Economics and Information Systems > Institut für Betriebswirtschaftslehre > Lehrstuhl für Innovations- und Technologiemanagement (Prof. Dr. Michael Dowling) Business, Economics and Information Systems > Institut für Betriebswirtschaftslehre > Lehrstuhl für Betriebswirtschaft, insbesondere Strategisches Industriegütermarketing (Prof. Dr. Roland Helm) |
| Depositing User: | Dr. Gernot Deinzer |
| Date Deposited: | 01 Mar 2019 12:36 |
| Last Modified: | 07 Mar 2019 09:20 |
| URI: | https://pred.uni-regensburg.de/id/eprint/2212 |
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