The dynamics of institutional and organisational change in emergent industries: the case of electric vehicles
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We consider the electric vehicle industry as a complex system within which firms choose among competing organisational architectures and regulatory institutions emerge from the interaction between firms' choices and rule-makers' beliefs. The main drivers to change regulatory institutions are the 'evaluative criteria' applied to outcomes. Evaluative criteria are rule-makers' simplified models against which outcomes are evaluated. We look at the emergence of dominant organisational structures, and point at the importance of the institutional design in such process. In particular, we analyse the interaction between policy choices: we consider policy makers that have two main dimensions upon which to act: they may facilitate cooperative strategies, or they may implement demand-side measures.