The Elgar Companion to Innovation and Knowledge Creation
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The Elgar Companion to Innovation and Knowledge Creation

Edited by Harald Bathelt, Patrick Cohendet, Sebastian Henn and Laurent Simon

This unique Companion provides a comprehensive overview and critical evaluation of existing conceptualizations and new developments in innovation research. It draws on multiple perspectives of innovation, knowledge and creativity from economics, geography, history, management, political science and sociology. The Companion brings together leading scholars to reflect upon innovation as a concept (Part I), innovation and institutions (Part II), innovation and creativity (Part III), innovation, networking and communities (Part IV), innovation in permanent spatial settings (Part V), innovation in temporary, virtual and open settings (Part VI), innovation, entrepreneurship and market making (Part VII), and the governance and management of innovation (Part VIII).
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Chapter 37: Market formation and innovation systems

Ulrich Dewald and Bernhard Truffer

Abstract

The recent emergence of renewable energy and other cleantech industries has attracted considerable attention in innovation studies. These have emphasized the core role of processes such as entrepreneurial activities, knowledge generation and regulatory support for research and development. Processes of market formation have either been neglected or considered in aggregate terms only. We therefore propose to analyze such market formation dynamics in more detail, drawing on the technological innovation systems framework. The conceptual approach is applied to the rapid expansion of photovoltaic markets in Germany over the past twenty years.

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