Catching-up in renewable energies: the role of knowledge dimensions in sectoral innovation systems

Abstract

ABSTRACT The rapid development of renewable energy technologies and sectoral transformation can open green windows of opportunity for latecomer countries to leapfrog. The present study focuses on analyzing the relationship between the knowledge dimensions of the sectoral innovation system – including localization, diversity, concentration, and originality – and the outcomes of the catching-up process in the renewable energy sector. In this way, we distinguish between successful latecomers and leader countries. The study analyzed data from a panel of 15,600 patents in these countries from 2000 to 2015 and examined the quantitative indexes of knowledge dimensions. To illustrate the outputs of the catching-up process, we use two dependent variables: renewable equipment export and renewable electricity generation. The findings show how the evolution of knowledge dimensions impacts technological catch-up in both leader and successful latecomer countries in different ways. While knowledge localization is crucial in leader countries, latecomer countries benefit from concentration and originality.