International business, climate change and the energy transition: A commentary on the importance of business models and digitalization

Ans Kolk*, Francesca Ciulli

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterScientific

Abstract

This chapter is a commentary on “A perspective on multinational enterprises and climate change: Learning from “an inconvenient truth”?” by Kolk and Pinkse (2008). The commentary zooms in on the role played by MNEs in the climate change debate, namely considering how MNEs may cause or aggravate the problem and/or help bring solutions to climate change, and the energy transition more broadly, issues that can significantly affect MNE strategies, performance and growth. Importantly, new ideas are introduced concerning the shift from green firm-specific advantages (FSAs) (discussed in depth in the original article) to what are referred to as business model-related specific advantages (BMSAs). The commentary discusses, amongst others, the influence of factors such as digitalization and locational dimensions, including MNEs’ embeddedness in various institutional contexts, as well as the potential for transferability and recombination of BMSAs. Altogether, a clear and forward-looking agenda for research on international business, climate change and the energy transition, emerges.
Original languageEnglish
Title of host publicationCrises and disruptions in international business
Subtitle of host publicationHow multinational enterprises respond to crises
EditorsMurad Mithani, Rajneesh Narula, Irina Surdu, Alain Verbeke
PublisherPalgrave Macmillan
Chapter12
Pages287-303
ISBN (Electronic)978-3-030-80383-4
ISBN (Print)978-3-030-80382-7
DOIs
Publication statusPublished - 2022

Publication series

NameJIBS Special Collections
PublisherPalgrave Macmillan Cham
ISSN (Print)2397-8775
ISSN (Electronic)2397-8783

Keywords

  • Climate change
  • Green FSAs
  • Business model-related specific advantage (BMSA)
  • Digitalization
  • Energy transition

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