In June 2019, students from WU’s SIMC master program presented their final assignments to partner’s senior managers. The students who were part of the course “Business Project” spent a semester working with our partner companies to adress the quesiton of how to organize for innovation in the transforming energy industry. Students assumed the role of…

Recently, amaster thesis on the implementation of carbon upcycling activities was finished under the supervision of ESTT members. Here is the abstract. This thesis focuses on carbon upcycling technologies and how they can successfully be implemented by capital-intensive incumbents. The aim of this research is to outline the different carbon upcycling technologies available, including carbon…

The thesis entitled “Key Performance Indicators and Success Factors for Innovation in the Energy Industry” was just finished under the supervision of ESTT members. Even despite substantial research in the field, numerous differences across companies, industries and countries do not allow to identify the universal KPIs and success factors for innovation. Therefore, widespread and deep…

The master thesis “Entrepreneurial Ecosystems in the Energy Industry” was recently finished under the supervision of ESTT members. Here the abstract: The nature of entrepreneurial ecosystems has been actively explored by academics in recent years. The topics of entrepreneurial ecosystems and new venture creation are of significance for regional policymakers, entrepreneurs, incumbents from various industries,…

ESTT members finished the supervsion of the master thesis “The role of customer engagement in the innovation process with a special regard to the energy industry”. Here is the abstract: This thesis aims at investigating the role of customer engagement in the innovation process of companies with a special regard to the energy industry. A…

This master thesis sheds light on the phenomenon of non-financial value-adds of venture capital investors in the European Union. Literature on the resource-based view and venture capital suggests that, besides providing funding to their portfolio companies, venture capitalists also add value in a non-financial way to them. However, most previous research is based on US…

The business model concept has attracted considerable interest from researchers and practitioners alike. It is increasingly considered to be a major driver of innovation, inheriting the potential to create competitive advantage. More recent studies observed that a firm can operate multiple business models simultaneously, that is, business model portfolios. However, the unit of analysis when…