Catching up through green windows of opportunity in an era of technological transformation: Empirical evidence from the Chinese wind energy sector

摘要

Recent transformations in the global wind energy industry have considerable implications for firms to catch up as the sectoral frontier advances from on- and offshore wind turbines towards digital/hybrid systems. These technological shifts potentially precipitate new green windows of opportunity. This article finds that latecomer firms show different capabilities in responding to technological transformation at the global level, which explains variations in catch-up trajectories under the same framework conditions.