Abstract
Fuel cell electric vehicles (FCEVs) have been attracting increasing attention as the next generation of zero-emission vehicles (ZEV), following battery electric vehicles. However, despite several efforts and investments, the commercialization of FCEVs remains a difficult task. By drawing and expanding on Schumpeter’s theory of innovation, this study proposes a mechanism related to a disruptive innovation that displaces other innovations. In addition, a meta-analysis is conducted on the prior literature to quantify hyper-expectations from this mechanism. From the meta-analysis, the number of year specific assumptions increased at an accelerating pace after 2006. A gap of recognition to academic papers between authors and readers in the industry was discussed based on the results of meta-analysis.
