Micro-innovation of State Grid Corporation

What will China's State Grid Corp do?

CAO JIANXIONG/FOR CHINA DAILY State Grid Corp will further its innovation efforts and continue to invest in the country's high voltage, charging pile and new digital infrastructure sectors as it looks to unlock fresh growth opportunities from China's technology upgrade and industrial reforms.

How has the SGCC changed the grid business?

Since at least March 2015, this has profoundly changed the landscape of the grid business, and deeper reforms are expected in the near future [ 59 ]. In the past, grid utilities such as the SGCC could purchase electricity from generators at wholesale prices and sell it to end customers at retail prices, earning the difference.

Is SGCC a transnational intellectual monopoly?

(1) SGCC has become an intellectual monopoly; and (2) SGCC's intellectual monopoly initially was confined to China (what we will call a national intellectual monopoly), and relied mostly on China's national innovation system, but -in the last decade- it has developed into advancing towards becoming a transnational intellectual monopoly.

Does the transnationalization of SGCC's innovation networks coincide with international expansion?

The transnationalization of SGCC's innovation networks coincides with the international expansion of its business. The rest of this paper is organized as follows. Section 2 argues that the chances of catching-up and leapfrogging in industries dominated by intellectual monopolies are slim.

What is the SGCC integrated energy service group?

In fact, in 2020, the State Grid Integrated Energy Service Group, a subsidiary of the SGCC, was established to undertake tasks related to Energy-as-a-Service, grid management, and the Internet of things. There are also tasks the SGCC could start paying attention to.

Did state grid acquire CDP Reti?

State Grid Corporation of China completed the acquisition of equity stake in CDP RETI. Retrieved July 2018, from Google Scholar Tihanyi, L., Aguilera, R., Heugens, P., van Essen, M., Sauerwald, S., Duran, P., & Turturea, R. ( 2019 ). State ownership and political connections .