REGIONAL BENEFITS OF SERVITIZATION PROCESSES: EVIDENCE FROM THE WIND-TO-ENERGY INDUSTRY
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Regional benefits of servitization processes: evidence from the wind-to-energy industry

 

By studying servitization processes and service competencies in the wind-to-energy industry in European regions, this paper provides a framework for territorial servitization. The framework resonates with the concepts of knowledge-intensive business services (KIBS) and industry life cycles, and its elements can be embedded into concepts of regional development (e.g., lead-market models, sustainability transitions, territorial innovation models). The framework suggests that regions benefit from servitization processes via the interplay of generating employment opportunities, enabling an efficient allocation of technology resources, opening up new markets, strengthening territorial competitiveness, raising the odds of securing employment in the consolidation period and enabling technological leaps.

KEYWORDS: territorial servitization, wind energy, industry life cycle, European regions
 
JEL: L94, O18, P48

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