Competitive advantage of German renewable energy firms in Russsia – An empirical study based on Porter’s diamond

This article analyzes the competitive advantage of German renewable energy firms in Russia. Based on Porter’s diamond model of competitiveness, we examine the demand for renewable energy in Russia and German firms’ ability to meet this demand. While the overall demand for renewable energy in Russia is still low, the study reveals formidable opportunities in the fields of biomass, solar and wind energy. Our findings are meant to address managers in the renewable energy industry and to aid policy makers in environmental support and action.

[1]  S. Sledge.  Does Porter's Diamond Hold in the Global Automotive Industry? , 2005 .

[2]  Ulrich Steger,et al.  The experience of EMAS in three European countries: a cultural and competitive analysis , 2002 .

[3]  Multiple Linked "Diamonds" and the International Competitiveness of Export-Dependent Industries: The New Zealand Experience , 1993 .

[4]  Anil Nair,et al.  Localized advantage in a global economy: The case of Bangalore , 2007 .

[5]  Danyel Reiche.  Handbook of Renewable Energies in the European Union , 2003 .

[6]  Frans van den Bosch,et al.  The competitive advantage of European nations: The impact of national culture — a missing element in porter's analysis? , 1992 .

[7]  A. Rugman,et al.  A generalized double diamond approach to the global competitiveness of Korea and Singapore , 1998 .

[8]  Jens Vestergaard,et al.  Industry Formation and State Intervention: The Case of the Wind Turbine Industry in Denmark and the United States , 2004 .

[9]  M. Porter.  The Competitive Advantage Of Nations , 1990 .

[10]  Unep Sustainable Energy Finance Initiative,et al.  Global trends in sustainable energy investment : analysis of trends and issues in the financing of renewable energy and energy efficiency , 2009 .

[11]  N. Stern.  The Economics of Climate Change: Implications of Climate Change for Development , 2007 .

[12]  Julija Matevosyan,et al.  The Russian wind of change , 2007 .

[13]  John H. Dunning,et al.  Internationalizing Porter's Diamond , 1993 .

[14]  S. Kraus,et al.  Industrial cluster as a factor for innovative drive in regions of transformation and structural change: A comparative analysis of East Germany and Poland , 2007 .

[15]  A. Ranchhod,et al.  Competitive advantage of a nation in the global arena: a quantitative advancement to Porter's diamond applied to the UK, USA and BRIC nations , 2006 .

[16]  Marian Beise,et al.  Assessing the lead market potential of countries for innovation projects , 2004 .

[17]  L. Brouthers,et al.  Explaining national competitive advantage for a small European country: A test of three competing models , 1997 .

[18]  M. Porter,et al.  The Competitive Advantage of Nations. , 1990 .

[19]  Rolf Wüstenhagen,et al.  Green Energy Market Development in Germany: Effective Public Policy and Emerging Customer Demand , 2006 .

[20]  D. Popp,et al.  Renewable Energy Policies and Technological Innovation: Evidence Based on Patent Counts , 2008 .

[21]  J. Barney.  Firm Resources and Sustained Competitive Advantage , 1991 .

[22]  Joseph R. D’cruz,et al.  The "Double Diamond" Model of International Competitiveness: The Canadian Experience , 1993 .

[23]  M. Porter,et al.  Toward a New Conception of the Environment-Competitiveness Relationship , 1995 .

[24]  R. Pearce,et al.  Multinationals, Technology and National Competitiveness , 1999 .

[25]  Ben L. Kedia,et al.  Cultural Constraints on Transfer of Technology Across Nations: Implications for Research in International and Comparative Management , 1988 .

[26]  Rajneesh Narula,et al.  Technology, International Business and Porter's "Diamond": Synthesizing a Dynamic Competitive Development Model 1 , 1993 .

[27]  Lilach Nachum.  DO THE DIAMONDS OF FOREIGN COUNTRIES SHAPE THE COMPETITIVENESS OF FIRMS? A CASE STUDY OF THE SWEDISH ENGINEERING CONSULTING INDUSTRY , 1998 .

[28]  Kenneth J. Arrow.  Industrial Research and Technological Innovation. An Econometric Analysis. Edwin Mansfield. Published for the Cowles Foundation for Research in Economics at Yale University by Norton, New York, 1968. xx + 235 pp., illus. $7.50 , 1969 .

[29]  Michael E. Porter,et al.  Global Competitiveness Report 2007-2008 , 2007 .

[30]  R. Grant.  The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation , 1991 .

[31]  K. Rennings,et al.  Lead markets and regulation: a framework for analyzing the international diffusion of environmental innovations , 2005 .

[32]  N. O'shaughnessy.  Michael Porter’s Competitive Advantage revisited , 1996 .

[33]  Valeria Costantini,et al.  Environmental Regulation and the Export Dynamics of Energy Technologies , 2007 .

[34]  Soteris A. Kalogirou,et al.  Cyprus solar water heating cluster: A missed opportunity? , 2007 .

[35]  William B. Gudykunst,et al.  Culture’s Consequences: Comparing Values, Behaviors, Institutions, and Organizations Across Nations [2nd edition]: Geert Hofstede , 2005 .

[36]  Howard Davies,et al.  Porter’s Competitive Advantage Of Nations: Time For The Final Judgement? , 2000 .