Green windows of opportunity: latecomer development in the age of transformation toward sustainability. (13th February 2021)

• Record Type: Journal Article
• Authors: Lema, Rasmus; Fu, Xiaolan; Rabellotti, Roberta
• Is Part Of: Industrial and corporate change. Volume 29:Number 5(2020)
• Page Start: 1193
• Page End: 1209
• Publication Date: 2021-02-13
• Subjects: L10 -- L50 -- O10 -- O20 -- O30 -- Q20 -- Q40; Organizational change -- Periodicals; Organizational effectiveness -- Periodicals; Industrial management -- Periodicals; 658.4062
• DOI: 10.1093/icc/dtaa044
• Languages: English
• ISSNs: 0960-6491

Abstract

Abstract: The world is in the early stages of a paradigm transition toward a global green economy. In this article, we propose the notion of green windows of opportunity, highlighting the importance of institutional changes in the creation of new opportunities for latecomer development. We emphasize how demand and mission-guided technical change influence the directionality of latecomer development and highlight the important role emerging economies may attain in the global green transformation. We provide important insights regarding opportunities for green development in emerging economies, how these opportunities emerge in different renewable energy sectors and their implications for the global green economy.