Jurisdiction shopping and foreign location choice: The role of market and nonmarket experience in the European solar energy industry

Several countries provide policy support to specific sectors in order to facilitate industry transitions. While industry-support policies stimulate the growth of their target sectors, little is known about how such policies engender heterogeneous international strategies. In this article, we investigate how industry-support policies influence foreign location choices. We argue that firms engage in jurisdiction shopping, choosing to invest in countries with more generous policy support, but that this tendency varies markedly across firms. Specifically, we suggest that firms’ nonmarket experience exacerbates the effect of policy support on location choice, whereas market experience has less of an impact. Further, we propose that some firms view generous policies more skeptically than others, depending on the nature of their nonmarket experience. We test and find support for our predictions using a longitudinal dataset of foreign investments of firms entering the solar energy industry in the European Union. Our findings indicate that supportive policies stimulate the energy transition, attracting in particular foreign entrants diversifying into renewables or having more policy experience. At the same time, they suggest that adverse policy changes in one country affect how firms assess policies in other countries, highlighting the need for policy coordination at a supranational level

Load and fatigue evaluation for 66kV floating offshore wind submarine dynamic power cable

This is the author accepted manuscript.Floating Offshore Wind technology has seen a number of prototype deployments around the world in recent years. One of the critical components that must maintain the highest possible integrity is the dynamic power cable. This paper presents the approach and applied methods for the design work that informs the development and qualification of a 66kV submarine dynamic power cable. The design envelope is quantified through coupled aero-hydrodynamic modelling, determining the ultimate load conditions for different cable configurations. The model sensitivity and convergence for an OC4 floating design are explored regarding metocean conditions, computational parameters. A lowered Lazy Wave cable configuration is chosen as most suitable design, providing a compromise between hang-off tensions and induced bending stresses. The numerical results form the basis for subsequent physical cable demonstration and validation tests.Engineering and Physical Sciences Research Council (EPSRC

Read me for data and Stata code

Metadata (read me file) on how to run the cod

Read me for data and Stata code

Metadata (read me file) on how to run the cod

Data and Stata code

Data on solar energy foreign investments, described in https://link.springer.com/article/10.1057/s41267-020-00358-

Data and Stata code

Data on solar energy foreign investments, described in https://link.springer.com/article/10.1057/s41267-020-00358-

Achieving High Growth in Policy-Dependent Industries: Differences between Startups and Corporate-Backed Ventures

This research examines which firms achieve high growth in policy-dependent industries. Using the European solar photovoltaic industry as our empirical setting, we investigate the impact of policy support on the growth of independent startups and corporate-backed ventures operating across countries with diverse policy conditions. We find that producers' growth is positively linked to policy generosity, and negatively linked to policy discontinuity. Moreover, corporate-backed ventures are less affected by policy generosity compared to entrepreneurial startups, and less impacted by policy discontinuity as well. Our results underline the importance of country- and firm-level differences in analyzing firms' response to regulatory policies, and point to the need for a better understanding of the unintended consequences of policies designed to support new industries