Socio-technical transition processes: A real option based reasoning.

Using a real option reasoning perspective we study the uncertainties and irreversibilities that impact the investment decisions of firms during the different phases of technological transitions. The analysis of transition dynamics via real options reasoning allows the provision of an alternative and more qualified explanation of investment decisions according to the sequentiality of pathways considered. In our framework, flexibility management through option investments concerns both the incumbent and the future technological regime. In the first case it refers to ex-post flexibility management and in the second case to ex-ante flexibility management.

Whatever works: Uncertainty and technological hybrids in medical innovation

The persistent uncertainty that looms over the search for solutions to health problems offers important conceptual insights for the study of technological change. This paper explores the notion of hybridization, namely the embodiment of multiple competing operational principles within a single medical device, as strategy to deal with the practical shortcomings due to said uncertainty. The history of the development of the hybrid artificial disc affords the elaboration of an alternative view of hybridization and, at the same time, the articulation of a dualism between medical science as area of basic research (e.g. what disease is) and as practical knowledge (e.g. how disease can be tackled).Barberá Tomás, JD.; Consoli, D. (2012). Whatever works: Uncertainty and technological hybrids in medical innovation. Technological Forecasting and Social Change. 79(5):932-948. doi:10.1016/j.techfore.2011.12.009S93294879

The legend about sailing ship effects – Is it true or false? The example of cleaner propulsion technologies diffusion in the automotive industry

The global automotive industry is faced with major technological change in the field of propulsion systems. Due to low carbon emission regulations and a rising societal demand for sustainability, original equipment manufacturers (OEMs) are forced to innovate either in the conventional technology or in the technological alternatives such as electric drives or fuel cells. However, OEMs are only marginally switching to electromobility so far, but rather incrementally innovating traditional technologies. This behaviour can be described as sailing ship effect which contains the reaction of an old technology to a new technology by fostering innovation in the old technology. Firstly, the present study contributes to the discussion in literature on the sailing ship effect by combining its underlying ideas and consequences with the rationales of path dependence to demonstrate that such a behaviour may be individually economical rational. Based on these considerations, we respond to the call for further empirical investigation of the sailing ship effect. We show patent-based evidence that there has been a temporary sailing ship effect in the automotive industry concerning traditional and emerging propulsion systems and discuss implications for corporate technology strategy and policy

Science besed entrepreneurship through the lens of sectoral and national innovation systems : French academic start-ups developing hydrogen and fuel cell technologies

International audienc

Science besed entrepreneurship through the lens of sectoral and national innovation systems : French academic start-ups developing hydrogen and fuel cell technologies

International audienc

Perspectives for the Development of Fuel Cells and Hydrogen as an Energy Vector in the Transportation Sector

International audienceThe European Union (EU) and Japan share a common commitment towards promoting scientific and technological research. Bilateral collaboration in the field of science and technology is based on an overarching Science and Technology Cooperation Agreement that was signed in 2009 and entered into force on 20 March 2011. Two important documents were further adopted in May 2015: the "Joint Vision" towards a closer relationship in research and innovation and the New Strategic Partnership in Research and Innovation between the European Commission and the Government of Japan. Finally, the EU-Japan Strategic Partnership Agreement strengthens the overall bilateral partnership by promoting political and sectoral cooperation and joint actions on issues of common interest. The EU has a close relationship with its counterparts in the Japanese government. On science and technology policy, there is the regular Joint Committee on scientific and technological cooperation (a summary of the Sixth Joint Committee Meeting that took place on 29 November 2021 is available here). In the field of digital policies, there are annual dialogues with Japan’s Ministry of Internal Affairs and Communications and the Ministry of Economy, Trade and Industry

Technological Innovation, Organizational Change and Product-Related Services

International audienceno abstrac

Technological Innovation, Organizational Change and Product-Related Services

International audienceno abstrac