Lead markets at sub-national level
(English)Manuscript (preprint) (Other academic)
The literature on lead markets has long argued that the global diffusion of innovations is often driven by country-specific attributes of a lead country. However, less attention has been paid to the sub-national level. Can region-specific attributes of a lead region drive the national diffusion? The paper takes the lead market model and applies it in a sub-national context. Based on spatiotemporal data and an extensive case study on diffusion of solar photovoltaic systems in Germany, this paper identifies the presence of both lead and lag markets at the sub-national level. Our findings indicate that the lead market model of the international diffusion of innovations is also applicable in a national context.
Lead market, deployment, innovation, adoption, renewable energy
Economics and Business Sociology
IdentifiersURN: urn:nbn:se:kth:diva-176850OAI: oai:DiVA.org:kth-176850DiVA: diva2:868340
QS 20152015-11-102015-11-102015-11-17Bibliographically approved