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Fjellstedt, Tone and Galbraith, Thomas Hill Anderson, 2021. The role of business models for technology innovation : a case study on Power-to-Gas. Second cycle, A2E. Uppsala: SLU, Dept. of Economics

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Abstract

The thesis contributes to the understanding of business models as performative market devices for development and uptake of technological innovation in low carbon transitions. Transition studies are criticised for neglecting the role of business models as part of socio-technical transitions. Transition research agendas call for taking a pragmatic view on the role of business models. The thesis draws on a framework, based on the multi-layered perspective that views business models as performative market devices. Business models then act as intermediaries to develop and societal embed an emerging technology innovation into the regime.

Using a qualitative approach, this thesis draws on an explanatory case study on the emerging Power-to-Gas technology. By conducting semi-structured interviews with actors from the Power-to-Gas niche community the findings confirm that business models can be used as performative market devices. Thereby they assist the development and uptake of technology innovation through supporting societal embedding. The business model serves as an intermediary for infrastructure matching, expectation and network building of a technology innovation. Further the findings recognise the interconnectedness of socio-technical transitions and extents the framework by incorporating cross-sectoral network building, also called sector-coupling.

Main title:The role of business models for technology innovation
Subtitle:a case study on Power-to-Gas
Authors:Fjellstedt, Tone and Galbraith, Thomas Hill Anderson
Supervisor:Langendahl, Per-Anders
Examiner:Ferguson, Richard
Series:Examensarbete / SLU, Institutionen för ekonomi
Volume/Sequential designation:1376
Year of Publication:2021
Level and depth descriptor:Second cycle, A2E
Student's programme affiliation:NM005 Environmental Economics and Management - Master's Programme 120 HEC
Supervising department:(NL, NJ) > Dept. of Economics
Keywords:business models, low carbon transition, performative market device, sector-coupling, power-to-gas technology
URN:NBN:urn:nbn:se:slu:epsilon-s-17073
Permanent URL:
http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-s-17073
Subjects:Economics and management
Language:English
Deposited On:23 Aug 2021 10:54
Metadata Last Modified:24 Aug 2021 01:02

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