Leading in the emerging complex industries
Innovation is driven by the ability to spot and take advantage of connections and opportunities. Emerging industries are set to transform leadership. The EU-funded GEVACCON project maintains that the challenge of gaining industrial leadership is to manage innovation in emerging complex industries, namely new industries that handle complex relationships between technological, geographical and governance characteristics. Modern literature doesn't offer much insight into how to cope with the increasing complexity of emerging industries in these three dimensions when discussing global innovation races. The development of the electric vehicle lithium–ion battery industry and the constellation of actors along the battery value chains in China and Germany will serve as representative case studies to examine how emerging economies and highly industrialised countries compete with their rivals in the domain of increasingly complex industries.
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