Browsing by Author "Narasimalu Srikanth"
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Item Fusing East and West Leads a Way to Global Competitiveness in Emerging Economy: Lessons from China’s Leap in Wind Energy Development(Chitkara University Publications, 2014-10) Narasimalu Srikanth; Chihiro WatanabeChina has demonstrated world leading wind energy development in the last five years which can be attributed to the fusion between its design and manufacturing strength in indigenous wind turbine industry and newly emerging wind energy industry in absorption of global best practices. An empirical analysis of China’s wind energy development trajectory over the last decade focusing on the technology sourcing from foreign firms in support of domestic players for accelerating functionality development through enhanced knowledge identification, absorption, assimilation and acclimatization was attempted. Important lessons learned include (i) importance of supply chain in the technology diffusion, (ii) effective technology acquisition and assimilation through early domestic firm engagement, (iii) effect of relevant domestic firms involvement in technology transfer partnership to induce inter-industry spillovers, and (iv) a framework for an emerging nation to develop new functionalities. Similarity and disparity with similar success of fusion in solar industry (JTMGE 3, 2) were also identified.Item Fusing East and West Leads a Way to Global Competitiveness in Emerging Economy: Source of China’s Conspicuous Strength in Solar Industry(Chitkara University Publications, 2012-10) Narasimalu Srikanth; Chihiro WatanabeIn light of a conspicuous strength in China’s solar industry in recent years this paper analyzes an institutional source of its strength. Empirical analysis was conducted focusing on the interaction between indigenous semiconductor industry (“East”) and newly emerging solar industry in absorption of global best practices (“West”) thereby fusion between them was demonstrated. Success of this fusion can be attributed to a joint work between industry’s intensive effort in learning global best practices for exploring new business and government’s catalytic role for the attainment of decarbonisation society for nation’s sustainability. This suggests a new insight for growing economy for its development of global competitive industry.Item Government’s Catalytic Role in Emerging Economy: Critical Comparison of China’s Conspicuous Strength in Wind and Solar Industry(Chitkara University Publications, 2013-04) Narasimalu Srikanth; Chihiro WatanabeIn light of a conspicuous strength in China’s solar and wind industry in recent years this paper analyses the catalytic role of the government in inducing the institutional source of its strength. Critical comparison of the two industries show China’s renewable energy policies for wind industry was more effective than the solar industry through adopting a self-propagating functionality development through fusing the external technology with domestic industries know-how to co-evolve both production and diffusion through effective assimilation. This suggests a new insight for growing economy to devise effective policy framework to develop a globally competitive industry