Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7429224 | The Journal of High Technology Management Research | 2018 | 10 Pages |
Abstract
The purpose of this paper is to examine sustainability-oriented innovations within the electric and energy utility industry in US through the lens of innovation theory and obtain insights on the development and commercialization of sustainability-oriented utility innovations. This research focuses on the top MSCI ESG-rated U.S. utility companies and explores a mix of innovations and strategies that differentiate these top companies. The three emerging propositions from this study are the importance for companies to diversify their innovation portfolio, engage their customers, and establish an intrapreneurial culture. The conjoining of these three propositions offers an evaluation and decision making framework for the companies to maximize the efficacy of profitable and sustainable innovations at all levels and gain a competitive edge against their competitors.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Management of Technology and Innovation
Authors
Sinan Erzurumlu, Wendy Yu,