Innovating incumbents and technological complementarities: How recent dynamics in the HVDC industry can inform transition theories

@inproceedings{Andersen2017InnovatingIA,
  title={Innovating incumbents and technological complementarities: How recent dynamics in the HVDC industry can inform transition theories},
  author={Allan Dahl Andersen and Jochen Markard},
  year={2017}
}
It is a classic theme in the transitions literature that newcomers supporting a novel technology struggle for dominance against incumbent actors and ‘their’ established technologies. Our study challenges this picture in several aspects with the intention to improve conceptual frameworks in transition studies. We present a case study on high voltage direct current (HVDC) technology - a mature technology for electricity transmission that has remained in a niche for decades but recently gained new… CONTINUE READING