The electric bicycle industry emerged in China in the late 1990s, and it is now a huge market which exceeds that of conventional bicycles, though such product has never existed in developed countries. This type of technological development, which diverts from the path of developed countries, is...

The global demand for photovoltaics (PVs), or solar cells, increased by 53 percent per annum during 2000 to 2010. Japanese PV manufacturers, which had been the leading force of the technological development of the industry since the 1970s, were in a good position to profit from this explosion of...