Energy Transitions, Innovation, and Governance
The advancement of cyber-physical systems has had profound impacts on organizations. My studies particularly focus on corporations. I have been invited to write a chapter on corporate social responsibility in the Encyclopedia of the United Nations Sustainability Development Goals: Industry, Innovation and Infrastructure. In this paper, I focus on three industries - energy, communication, and transportation - and investigate how the developments of cyber-physical systems within these three industries have contributed to corporate social responsibility. I argue that the scope of corporate social responsibility, which in the past focused on transnational corporations, is expanding to include smaller and emerging corporate actors and developers.
Similarly, the findings of a paper published in Renewable and Sustainable Energy Reviews (impact factor: 10.6) show that market structures and government policies can have a determining effect on the success of new infrastructure and energy systems, such as community solar and community choice aggregation. The findings of this paper indicate that social infrastructures and energy transitions that are newly entering the market require a number of social and political supports in order to succeed and advance.
I envision doing further research on the relationship between innovation and corporate social responsibility. I hypothesize that because transnational corporations have increasingly been castigated for their poor actions, such as low wages and the lack of regard for sustainability, equality, and justice, they will fall behind in the race of sustainable development. Instead, I argue that smaller companies that are investing in cyber-physical systems will lead the race. I plan to conduct a large-scale survey in order to investigate this issue from various angles, including market structure, government policies, and corporate internal policies and structure.