The market challenge of wind turbine industry-renewable energy in PR China and Germany


This paper presents the role of global Industry 4.0 technology management in the growth of the wind turbine industry. The article begins with a brief overview of the Industry 4.0 wind turbine industry development, focusing on factors shaping this development. The legal policies are identified as one of the significant factors, especially in PR China and Germany. A detailed secondary data analysis of the country-specific systems is presented, followed by the analysis of patents and companies in both countries to understand better how the development, management and transfer of technology affected the different factors and the global patterns. An effective approach of acquiring technology for local enterprises as well as market development entry mode for the foreign technology holding companies are both identified. Accessing technology through licensing, entering joint ventures, or acquiring knowledge-intensive companies can be identified as common and often successful industry approaches. To develop, obtain, or maintain competitive advantages in the wind turbine industry, we suggest that the governments issue relevant legislation and regulations to support the upgrading of the industry, and the enterprises can access and manage the technology through the approaches mentioned above.

Publication DOI:
Divisions: College of Business and Social Sciences > Aston Business School
College of Business and Social Sciences > Aston Business School > Operations & Information Management
Funding Information: This work is supported by VC Research (VCR 0000062 ).
Additional Information: © 2021, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Funding Information: This work is supported by VC Research (VCR 0000062 ).
Uncontrolled Keywords: Industry 4.0,Legal policies,Market development entry mode,Renewable energy,Technology management,Wind turbine industry,Business and International Management,Applied Psychology,Management of Technology and Innovation
Publication ISSN: 1873-5509
Last Modified: 15 Apr 2024 07:42
Date Deposited: 09 Jun 2022 14:09
Full Text Link:
Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
https://www.sci ... 0639?via%3Dihub (Publisher URL)
PURE Output Type: Article
Published Date: 2021-05-01
Published Online Date: 2021-02-06
Accepted Date: 2021-01-19
Authors: Chang, Victor (ORCID Profile 0000-0002-8012-5852)
Chen, Yian
(Justin) Zhang, Zuopeng
Xu, Qianwen Ariel
Baudier, Patricia
Liu, Ben S.C.

Export / Share Citation


Additional statistics for this record