BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//DTU.dk//NONSGML DTU.dk//EN
CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTART:20251126T120000Z
DTEND:20251126T150000Z
SUMMARY:PhD Defence by Mia Blatancic: Carbon as a currency: Strategic use of carbon trade to spur innovation in nascent markets
DESCRIPTION:<p>Mia Blatancic will defend her PhD project "Carbon as a currency Strategic use of carbon trade to spur Innovation in nascent markets".</p>\n<h3>Summary</h3>\n<p>This thesis explores how carbon market participants turn carbon trade into a mechanism for venture financing. We examine this by studying the dynamics between suppliers, buyers, and intermediaries as they engage in forward purchase agreements. </p>\n<p>Through three in-depth case studies, we identify two strategic plays.&nbsp;<em>Deficiency and generativity -&nbsp;</em>that illustrate how actors co-create financial structures to address market gaps and enable broader participation. </p>\n<ul>\n    <li>Through <em>Deficiency play</em>, buyers help address technological, institutional, and market gaps by adapting their complementary capabilities - such as verification expertise, digital infrastructure, or brand credibility - to support the supplier.</li>\n    <li>Through <em>Generativity play</em>, actors make financial and contractual innovations publicly available to lower entry barriers, encourage replication, and accelerate ecosystem development. </li>\n</ul>\n<p>Across both plays, forward trade emerges as a mechanism that substitutes for traditional innovation pathways by leveraging symbolic capital, strategic signaling, and collaborative infrastructure. </p>\n<p>By examining how early buyers communicate about their commitments, the thesis offers a novel lens on carbon-based revenue as a strategic, rather than purely environmental, investment. These findings contribute to research on entrepreneurial finance and innovation in nascent markets, while offering practical guidance for those developing and commercializing climate technologies.</p>\n<h3>Supervisors</h3>\n<div>Professor Thomas J. Howard, DTU Entrepreneurship, Denmark<br />\nAssociate Professor Marin Jovanovic, CBS, Denmark<br />\nAssistant Professor Euiju Jeon, DTU Entrepreneurship, Denmark<br />\n<br />\n</div>\n<h3>Examiners</h3>\n<div>Professor Paavo Ritala, Lappeenranta University of Technology, Finland<br />\nProfessor Robyn Owen, Middlesex University, United Kingdom<br />\nAssociate Professor Francesco Rosati, DTU Entrepreneurship, Denmark</div>\n<div>&nbsp;</div>\n<h3>Master of ceremony</h3>\n<div>Teaching Associate Professor Robin van Oorschot, DTU Entrepreneurship, Denmark</div>\n<div>&nbsp;</div>\n<h3>Live streaming of Mia's defence</h3>\n<p><a rel="noopener noreferrer" href="https://eur01.safelinks.protection.outlook.com/ap/t-59584e83/?url=https%3A%2F%2Fteams.microsoft.com%2Fl%2Fmeetup-join%2F19%253ameeting_MDkxNmVjYzgtNTJjOC00YzczLTg4NGEtZjFiZTA4YTgyNzA4%2540thread.v2%2F0%3Fcontext%3D%257b%2522Tid%2522%253a%2522f251f123-c9ce-448e-9277-34bb285911d9%2522%252c%2522Oid%2522%253a%25225d40758b-9e32-467a-8585-d73e6cedde05%2522%257d&amp;data=05%7C02%7Ckskydt%40dtu.dk%7C249d8754dcf34a5920a008de20f9b030%7Cf251f123c9ce448e927734bb285911d9%7C0%7C0%7C638984453921560904%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=sbWNTL%2FTGP9TC%2BKnrIoVGPL5e%2B6SrkgFuAHEEi1CZ6o%3D&amp;reserved=0" target="_blank">Click here to follow online via MS Teams</a>&nbsp;</p>\n<div><em>A copy of the PhD thesis is available for reading at DTU Entrepreneurship,371, 2nd floor, Diplomvej, DK-2800 Kgs Lyngby.&nbsp;</em></div>\n<div><em><br />\n</em></div>
X-ALT-DESC;FMTTYPE=text/html:<p>Mia Blatancic will defend her PhD project "Carbon as a currency Strategic use of carbon trade to spur Innovation in nascent markets".</p>\n<h3>Summary</h3>\n<p>This thesis explores how carbon market participants turn carbon trade into a mechanism for venture financing. We examine this by studying the dynamics between suppliers, buyers, and intermediaries as they engage in forward purchase agreements. </p>\n<p>Through three in-depth case studies, we identify two strategic plays.&nbsp;<em>Deficiency and generativity -&nbsp;</em>that illustrate how actors co-create financial structures to address market gaps and enable broader participation. </p>\n<ul>\n    <li>Through <em>Deficiency play</em>, buyers help address technological, institutional, and market gaps by adapting their complementary capabilities - such as verification expertise, digital infrastructure, or brand credibility - to support the supplier.</li>\n    <li>Through <em>Generativity play</em>, actors make financial and contractual innovations publicly available to lower entry barriers, encourage replication, and accelerate ecosystem development. </li>\n</ul>\n<p>Across both plays, forward trade emerges as a mechanism that substitutes for traditional innovation pathways by leveraging symbolic capital, strategic signaling, and collaborative infrastructure. </p>\n<p>By examining how early buyers communicate about their commitments, the thesis offers a novel lens on carbon-based revenue as a strategic, rather than purely environmental, investment. These findings contribute to research on entrepreneurial finance and innovation in nascent markets, while offering practical guidance for those developing and commercializing climate technologies.</p>\n<h3>Supervisors</h3>\n<div>Professor Thomas J. Howard, DTU Entrepreneurship, Denmark<br />\nAssociate Professor Marin Jovanovic, CBS, Denmark<br />\nAssistant Professor Euiju Jeon, DTU Entrepreneurship, Denmark<br />\n<br />\n</div>\n<h3>Examiners</h3>\n<div>Professor Paavo Ritala, Lappeenranta University of Technology, Finland<br />\nProfessor Robyn Owen, Middlesex University, United Kingdom<br />\nAssociate Professor Francesco Rosati, DTU Entrepreneurship, Denmark</div>\n<div>&nbsp;</div>\n<h3>Master of ceremony</h3>\n<div>Teaching Associate Professor Robin van Oorschot, DTU Entrepreneurship, Denmark</div>\n<div>&nbsp;</div>\n<h3>Live streaming of Mia's defence</h3>\n<p><a rel="noopener noreferrer" href="https://eur01.safelinks.protection.outlook.com/ap/t-59584e83/?url=https%3A%2F%2Fteams.microsoft.com%2Fl%2Fmeetup-join%2F19%253ameeting_MDkxNmVjYzgtNTJjOC00YzczLTg4NGEtZjFiZTA4YTgyNzA4%2540thread.v2%2F0%3Fcontext%3D%257b%2522Tid%2522%253a%2522f251f123-c9ce-448e-9277-34bb285911d9%2522%252c%2522Oid%2522%253a%25225d40758b-9e32-467a-8585-d73e6cedde05%2522%257d&amp;data=05%7C02%7Ckskydt%40dtu.dk%7C249d8754dcf34a5920a008de20f9b030%7Cf251f123c9ce448e927734bb285911d9%7C0%7C0%7C638984453921560904%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=sbWNTL%2FTGP9TC%2BKnrIoVGPL5e%2B6SrkgFuAHEEi1CZ6o%3D&amp;reserved=0" target="_blank">Click here to follow online via MS Teams</a>&nbsp;</p>\n<div><em>A copy of the PhD thesis is available for reading at DTU Entrepreneurship,371, 2nd floor, Diplomvej, DK-2800 Kgs Lyngby.&nbsp;</em></div>\n<div><em><br />\n</em></div>

URL:https://www.entrepreneurship.dtu.dk/calendar/2025/11/phd-defence-by-mia-blatancic
DTSTAMP:20260525T155800Z
UID:{9F8C6DD9-AF22-49BF-A215-B189CA0BE181}-20251126T120000Z-20251126T120000Z
LOCATION: DTU, Technical University of Denmark, Building 341, auditorium 23, DK-2800 Kgs. Lyngby, , AND online streaming via MS Teams , (followed by reception in building 342, Wicked Rabbit), 
END:VEVENT
END:VCALENDAR