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Article

Operating Successfully on a New Technological Path: The Effect of External Search

1
Business Department, Bern University of Applied Sciences, 3005 Bern, Switzerland
2
ETH Zurich, Swiss Economic Institute (KOF), 8092 Zurich, Switzerland
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Author to whom correspondence should be addressed.
Academic Editors: João Carlos Correia Leitão and Dina Batista Pereira
Sustainability 2022, 14(2), 957; https://doi.org/10.3390/su14020957
Received: 22 December 2021 / Revised: 11 January 2022 / Accepted: 12 January 2022 / Published: 14 January 2022
(This article belongs to the Topic Open Innovation and Entrepreneurship)
Switching to a new technological path is often a serious economic challenge for companies. Incumbents, in particular, are often led by their organizational routines, traditional technological orientation, and experience, and run the risk of losing contact with new technologies, which can decrease their competitiveness. We analyze whether opening up the innovation process to external knowledge partners can help to overcome such path dependence and enable firms to operate successfully on a new technological path. We develop a theoretical concept that shows the potential of external knowledge sources for operating successfully on a new technological path and test it empirically using the example of green technologies. Green technologies are not only relevant for addressing the current environmental problems, but they are also an example of a new technological path that is proving difficult for companies to switch to. Overall, we find strong direct effects of external (green) knowledge on green innovation success. The results even indicate that the direct effect of external knowledge tends to be larger for green than for non-green innovation. View Full-Text
Keywords: energy technologies; green innovation; external search; open innovation; switching path; path dependence; technological path energy technologies; green innovation; external search; open innovation; switching path; path dependence; technological path
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MDPI and ACS Style

Stucki, T.; Woerter, M. Operating Successfully on a New Technological Path: The Effect of External Search. Sustainability 2022, 14, 957. https://doi.org/10.3390/su14020957

AMA Style

Stucki T, Woerter M. Operating Successfully on a New Technological Path: The Effect of External Search. Sustainability. 2022; 14(2):957. https://doi.org/10.3390/su14020957

Chicago/Turabian Style

Stucki, Tobias, and Martin Woerter. 2022. "Operating Successfully on a New Technological Path: The Effect of External Search" Sustainability 14, no. 2: 957. https://doi.org/10.3390/su14020957

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