SME collaboration models for accelerating clean energy innovations: Insights from emerging market economies
Year: 2024
Type: article
Abstract: This paper explores the critical role of collaboration between small and medium-sized enterprises (SMEs) and startups in accelerating clean energy innovation in emerging markets. It reviews various collaboration models, including strategic partnerships, incubation and acceleration programs, supply chain integration, and joint research and development (R&D), highlighting their impact on technology development and commercialization. The paper also examines the specific challenges SMEs and startups face, such as funding limitations, intellectual property (IP) concerns, and market access barriers, and analyzes the opportunities presented by new trends like digital platforms, impact investment, and public-private partnerships. The findings emphasize that collaborative efforts are essential for fostering sustainable growth and enabling the successful deployment of clean energy technologies in emerging markets. The paper concludes by discussing future directions and the importance of continued cooperation, supported by favorable policies and regulatory frameworks, in driving the clean energy transition. Keywords: Clean Energy Innovation, SME-Startup Collaboration, Emerging Markets, Sustainable Growth, Commercialization.
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4402726321