Carbon Emission Right, Carbon Capital and Cultivation of Corporate Carbon Competitive Edge
The introduction of carbon emission trading tranforms carbon emission into a capital as the world steps into a new era of carbon capital, which has overwhelming impacts on the sources of competitive edge of enterprises. Based on the combination of the industry-based view, the resource-based view, and the new institutionalism in the theory of competitive advantage, this article analyzes both positive and negative influences of the era of carbon capital on enterprises' competitive advantage, puts forward the concept of competitive edge of carbon, and then studies the mechanisms of the industry foresight, value chain of carbon emission and carbon capital market which affect enterprises' acquisition of the competitive edge of carbon. Measures are proposed for cultivation of the competitive edge of carbon. This work is supported by the Research Foundation of Shanghai Dianji University (07XKJ02).
carbon emission rightresource of carboncapital of carbonvalue chain of carbon emissioncompetitive edge of carbon