Keywords: experience curves, industrial learning, innovation theory, wind energy technology
Sources of experience – theoretical considerations and empirical observations from Danish wind energy technology
This paper attempts to establish better understanding of processes within the black box of industrial learning. Through theoretical considerations and empirical observations, this paper also aims at finding the truest and fairest expression of an experience curve diagram. The paper concludes that experience curves based on the cost of produced electricity are more true and fair than those based only on cost of equipment. Furthermore, the paper argues that modern systems of innovation are too complicated to be modelled as linear systems. Policy advice based on experience curve analyses must be accompanied by a more advanced understanding of the whole innovation system and of the roles of the many actors involved.