Exploiting geothermal energy for innovation

The purpose of the article is to research how specific geothermal cluster can affect the development of innovation in firms. A multiple case study approach is used with three cases; Orf, Carbon Recycling International and Stolt Sea Farm Iceland. Furthermore, the research seeks to answer; i. what kin...

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Published in:Tímarit um viðskipti og efnahagsmál
Main Author: Jónsson, Eyþór Ívar
Format: Article in Journal/Newspaper
Language:Icelandic
Published: Institute of Business Research 2020
Subjects:
M11
O13
O32
Q42
Online Access:http://www.efnahagsmal.is/article/view/a.2020.17.1.2
https://doi.org/10.24122/tve.a.2020.17.1.2
id fticelandunivojs:oai:ojs.hi.is:article/3295
record_format openpolar
spelling fticelandunivojs:oai:ojs.hi.is:article/3295 2023-05-15T16:49:42+02:00 Exploiting geothermal energy for innovation Hagnýting jarðvarma til nýsköpunar Jónsson, Eyþór Ívar 2020-12-29 application/pdf http://www.efnahagsmal.is/article/view/a.2020.17.1.2 https://doi.org/10.24122/tve.a.2020.17.1.2 isl ice Institute of Business Research http://www.efnahagsmal.is/article/view/a.2020.17.1.2/pdf http://www.efnahagsmal.is/article/view/a.2020.17.1.2 doi:10.24122/tve.a.2020.17.1.2 ##submission.copyrightStatement## Research in applied business and economics; Árg. 17, Nr 2 (2020); 19-36 Tímarit um viðskipti og efnahagsmál; Árg. 17, Nr 2 (2020); 19-36 1670-4851 1670-4444 User driven innovation geothermal energy cluster knowledeg and learning M11 O13 O32 Q42 Notendadrifin nýsköpun jarðvarmi notorka klasar info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 2020 fticelandunivojs https://doi.org/10.24122/tve.a.2020.17.1.2 2022-09-21T13:40:37Z The purpose of the article is to research how specific geothermal cluster can affect the development of innovation in firms. A multiple case study approach is used with three cases; Orf, Carbon Recycling International and Stolt Sea Farm Iceland. Furthermore, the research seeks to answer; i. what kind of innovation is used, ii. what impact geothermal has on innovation, and, iii. what impact the usage of geothermal has on innovation of the firms. The conclusion is that there is evidence which implies that a specific geothermal cluster can affect innovation development in firms. In the three cases which are used in the research, innovation is something to build on in the geothermal cluster. It could be argued that the companies would not have taken the same path in innovation as is evident if they would not have been part of the specific geothermal cluster. The research implies that the main reason for innovation is first and foremost development of specific capabilities and knowledge accumulation. There is, however, less evidence for the importance of networking within the cluster. It could be said that the conslusion contradicts what scholars have argued for as the main benefits of clusters. Tilgangur greinarinnar er að rannsaka hvernig afmarkaður jarðvarmaklasi getur haft áhrif á þróun nýsköpunar hjá fyrirtækjum. Gerð er raundæmisrannsókn og þrjú raundæmi skoðuð; ORF Líftækni, Carbon Recycling International og Stolt Sea Farm Iceland. Ennfremur er leitað svara við því hjá fyrirtækjunum; i. í hverju nýsköpunin felst, ii. hver áhrif jarðvarmaklasans eru á nýsköpun fyrirtækja og iii. hver áhrif notkun jarðvarmans hefur á nýsköpun fyrirtækja. Niðurstaðan er að það er margt sem bendir til þess að afmarkaður jarðvarmaklasi geti haft áhrif á þróun nýsköpunar hjá fyrirtækjum. Í þeim þremur raundæmum sem skoðuð eru í þessari rannsókn hefur nýsköpun eitthvað að sækja í jarðvarmaklasann. Það mætti jafnvel færa rök fyrir því að þessi fyrirtæki hefðu ekki farið þá leið í nýsköpun sem raun ber vitni ef þau hefðu ekki verið ... Article in Journal/Newspaper Iceland University of Iceland: Peer Reviewed Journals Tímarit um viðskipti og efnahagsmál 17 2 19 36
institution Open Polar
collection University of Iceland: Peer Reviewed Journals
op_collection_id fticelandunivojs
language Icelandic
topic User driven innovation
geothermal energy
cluster
knowledeg and learning
M11
O13
O32
Q42
Notendadrifin nýsköpun
jarðvarmi
notorka
klasar
spellingShingle User driven innovation
geothermal energy
cluster
knowledeg and learning
M11
O13
O32
Q42
Notendadrifin nýsköpun
jarðvarmi
notorka
klasar
Jónsson, Eyþór Ívar
Exploiting geothermal energy for innovation
topic_facet User driven innovation
geothermal energy
cluster
knowledeg and learning
M11
O13
O32
Q42
Notendadrifin nýsköpun
jarðvarmi
notorka
klasar
description The purpose of the article is to research how specific geothermal cluster can affect the development of innovation in firms. A multiple case study approach is used with three cases; Orf, Carbon Recycling International and Stolt Sea Farm Iceland. Furthermore, the research seeks to answer; i. what kind of innovation is used, ii. what impact geothermal has on innovation, and, iii. what impact the usage of geothermal has on innovation of the firms. The conclusion is that there is evidence which implies that a specific geothermal cluster can affect innovation development in firms. In the three cases which are used in the research, innovation is something to build on in the geothermal cluster. It could be argued that the companies would not have taken the same path in innovation as is evident if they would not have been part of the specific geothermal cluster. The research implies that the main reason for innovation is first and foremost development of specific capabilities and knowledge accumulation. There is, however, less evidence for the importance of networking within the cluster. It could be said that the conslusion contradicts what scholars have argued for as the main benefits of clusters. Tilgangur greinarinnar er að rannsaka hvernig afmarkaður jarðvarmaklasi getur haft áhrif á þróun nýsköpunar hjá fyrirtækjum. Gerð er raundæmisrannsókn og þrjú raundæmi skoðuð; ORF Líftækni, Carbon Recycling International og Stolt Sea Farm Iceland. Ennfremur er leitað svara við því hjá fyrirtækjunum; i. í hverju nýsköpunin felst, ii. hver áhrif jarðvarmaklasans eru á nýsköpun fyrirtækja og iii. hver áhrif notkun jarðvarmans hefur á nýsköpun fyrirtækja. Niðurstaðan er að það er margt sem bendir til þess að afmarkaður jarðvarmaklasi geti haft áhrif á þróun nýsköpunar hjá fyrirtækjum. Í þeim þremur raundæmum sem skoðuð eru í þessari rannsókn hefur nýsköpun eitthvað að sækja í jarðvarmaklasann. Það mætti jafnvel færa rök fyrir því að þessi fyrirtæki hefðu ekki farið þá leið í nýsköpun sem raun ber vitni ef þau hefðu ekki verið ...
format Article in Journal/Newspaper
author Jónsson, Eyþór Ívar
author_facet Jónsson, Eyþór Ívar
author_sort Jónsson, Eyþór Ívar
title Exploiting geothermal energy for innovation
title_short Exploiting geothermal energy for innovation
title_full Exploiting geothermal energy for innovation
title_fullStr Exploiting geothermal energy for innovation
title_full_unstemmed Exploiting geothermal energy for innovation
title_sort exploiting geothermal energy for innovation
publisher Institute of Business Research
publishDate 2020
url http://www.efnahagsmal.is/article/view/a.2020.17.1.2
https://doi.org/10.24122/tve.a.2020.17.1.2
genre Iceland
genre_facet Iceland
op_source Research in applied business and economics; Árg. 17, Nr 2 (2020); 19-36
Tímarit um viðskipti og efnahagsmál; Árg. 17, Nr 2 (2020); 19-36
1670-4851
1670-4444
op_relation http://www.efnahagsmal.is/article/view/a.2020.17.1.2/pdf
http://www.efnahagsmal.is/article/view/a.2020.17.1.2
doi:10.24122/tve.a.2020.17.1.2
op_rights ##submission.copyrightStatement##
op_doi https://doi.org/10.24122/tve.a.2020.17.1.2
container_title Tímarit um viðskipti og efnahagsmál
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