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‘Life after Nokia?’ Business model innovation and niche upscaling in the emerging Finnish demand response industry

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dc.contributor Aalto-yliopisto fi
dc.contributor Aalto University en
dc.contributor.author Ruggiero, Salvatore
dc.contributor.author Kangas, Hanna-Liisa
dc.contributor.author Annala, Salla
dc.contributor.author Ohrling, Tiina
dc.date.accessioned 2020-09-29T09:00:12Z
dc.date.available 2020-09-29T09:00:12Z
dc.date.issued 2020
dc.identifier.isbn 978-952-64-0041-9 (electronic)
dc.identifier.issn 1799-4829 (electronic)
dc.identifier.issn 1799-4810 (ISSN-L)
dc.identifier.uri https://aaltodoc.aalto.fi/handle/123456789/46755
dc.description.abstract Demand response (DR) can be considered a complementary innovation with the potential to accelerate the transition towards renewable energy sources. Various business models are developing around this technology to provide value to both firms and consumers. Building on the multi-level perspective (MLP) on socio-technical change and previous studies that have introduced the concept of business models in sustainability transition research, we investigate the role of different business model innovation patterns in niche upscaling and breakthroughs. Empirically, the study relied on 25 semi-structured interviews with representatives of Finnish companies operating in the emerging DR industry. It identified three main business model innovation patterns, which are labelled as follows: 1) phoenix rise, 2) business model expansion, and 3) incumbent catch-up. The analysis of these business model innovation patterns revealed that niche–regime interaction is not fixed, but rather, can change over time from adaptive to potentially transformative according to the changes in firms’ business model. Moreover, niche–regime interaction occurs in a multidirectional rather than unidirectional way, that is, not just from niche to regime but also from regime to niche and from alternative regime to niche. en
dc.format.extent 37
dc.format.mimetype application/pdf en
dc.language.iso en en
dc.publisher Aalto University en
dc.publisher Aalto-yliopisto fi
dc.relation.ispartofseries Aalto University publication series BUSINESS + ECONOMY en
dc.relation.ispartofseries 2/2020
dc.subject.other Energy en
dc.subject.other Management en
dc.title ‘Life after Nokia?’ Business model innovation and niche upscaling in the emerging Finnish demand response industry en
dc.type D4 Julkaistu kehittämis- tai tutkimusraportti tai -selvitys fi
dc.contributor.school Kauppakorkeakoulu fi
dc.contributor.school School of Business en
dc.contributor.department Johtamisen laitos fi
dc.contributor.department Department of Management Studies en
dc.subject.keyword Business model en
dc.subject.keyword Niche–regime interaction en
dc.subject.keyword Demand response en
dc.subject.keyword Multi-level Perspective en
dc.subject.keyword Innovation en
dc.subject.keyword Energy transition en
dc.identifier.urn URN:ISBN:978-952-64-0041-9
dc.type.dcmitype text en
dc.contributor.lab Smart Energy Transition en
local.aalto.formfolder 2020_09_29_klo_11_54

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