Factors Influencing Technology Adoption in a Traditional Multinational Energy Company

Open Access
Authors
Publication date 2023
Journal Research-Technology Management
Volume | Issue number 66 | 5
Pages (from-to) 36-43
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam Business School Research Institute (ABS-RI)
Abstract
Environmental concerns like climate change are prompting traditional companies such as those in the energy industry to adopt new technologies. Rapid technology adoption is important, especially if companies want to be responsive and at the same time maintain their competitive and strategic advantage. This article explores technology adoption in a traditional multinational energy company. Using a single case study approach, we explore how adoption of technology takes place at manager and employee levels and the implications therein. We identify three important factors—constructive tensions, open innovation, and knowledge standardization—which positively influence the pace of technology adoption. We offer important implications for practitioners involved in technology adoption.

Document type Article
Language English
Published at https://doi.org/10.1080/08956308.2023.2235535
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