Abstract
The high price of fossil fuels and increased demand for more sustainable and environmentally friendly sources of energy have caused firms and consumers to search for alternatives sources, like from biomass. This study examines innovations in biomass-powered and -led products introduced by three firms, Firm A and Firm B, which are based in Malaysia, and Firm C, based in Thailand. Firm A produces pulverised biomass fuel and biomass combustion systems to generate power and heat for heat-treatment factories in the area. Firm B produces lubricants from palm oil and vegetable oil residue. Firm C uses cassava biomass to produce biogas to generate electricity supplied to the grid. The study argues that the three firms have intentionally or unintentionally employed effective innovation management in ensuring sustainability in their business, which is challenged by the volatility in oil prices and competing demands for feedstocks. By develo** innovative products and/or services, the three firms differentiate themselves from their competitors and have a competitive advantage in the market.
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Notes
- 1.
WT/DS431/AB/R, WT/DS432/AB/R, WT/DS433/AB/R, 7 August 2014.
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Authors would like to thank the Economic Research Institute for ASEAN and East Asia (ERIA) for providing funding for the research paper.
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Jusoh, S., Ludin, N.A., Ibrahim, M.A. (2021). Innovation Management and Productivity in Sustainable Energy—The Case of Biomass Fuel Manufacturers in Malaysia and Thailand. In: Phoumin, H., Taghizadeh-Hesary, F., Kimura, F., Arima, J. (eds) Energy Sustainability and Climate Change in ASEAN. Economics, Law, and Institutions in Asia Pacific. Springer, Singapore. https://doi.org/10.1007/978-981-16-2000-3_10
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