Research on the Factors for the Scarcity of Technological InnovationInput in Renewable Energy Industry from a Behavioral Perspective

doi:10.3969/j.issn.1005-6378.2016.03.017

Abstract

Abstract: A firm behavioral perspective is chosen to analyze the internal cause for the scarcity of technological innovation investment in renewable energy industry. A conceptual model of firm performance comparison of renewable energy industry and dual innovation is established and tested with panel data, which suggests that when current performance is higher than the historical performance or higher than the contemporaneous average performance, the exploration innovation input in the late stage of enterprises and the development innovation input will be subject to various degrees of inhibition. The behavioral theory of the firm can give explanation to the insufficient technological innovation input in renewable energy industry, which may enrich the current theoretical research and guide the practice.

Key words: renewable energy, firm behavior, performance comparison, innovation input, panel data analysis

CLC Number:

F272.3

ZHANG Gen ming, LI Ruo qi. Research on the Factors for the Scarcity of Technological InnovationInput in Renewable Energy Industry from a Behavioral Perspective[J]. JOURNAL OF HEBEI UNIVERSITY (Philosophy and Social Science), 2016, 41(3): 112-117.

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