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Innovative renewable energy technology projects’ success through partnership

Vahe Odabashian (Manoogian Simone College of Business and Economics, American University of Armenia, Yerevan, Armenia)
Hassan R. HassabElnaby (College of Business and Innovation, University of Toledo College of Business and Innovation, Toledo, Ohio, USA)
Agassy Manoukian (Manoogian Simone College of Business and Economics, American University of Armenia, Yerevan, Armenia)

International Journal of Energy Sector Management

ISSN: 1750-6220

Article publication date: 16 October 2018

Issue publication date: 15 May 2019

358

Abstract

Purpose

The purpose of this paper is to uncover the importance of several variables centered around partnership in renewable energy (RE) projects. The concept developed earlier is applied to the project environment to identify interrelations between external and internal drivers, project partnership, resources and project success. A framework consisting of logical chain to project success is proposed.

Design/methodology/approach

The study derived the concepts and variables of RE projects’ partnership from the academic literature. The methodology of the case study was used to gain insights in relation to the variables in the logical chain of the proposed framework, suggesting that certain external/internal drivers direct diverse stakeholders to a partnership.

Findings

RE technologies are not commodities and require involvement of different stakeholders, who directly or indirectly are impacted by implementation of the RE projects. For the project to be a success, it is critical to involve the stakeholders early in the process and induce partnership synergy, through which dynamic capabilities and implementation mechanisms are capitalized upon as resources to achieve project success.

Originality/value

There appears to be no specific framework directly linking partnership synergy and project success; their relationships are only indirectly inferred. Focusing on project-level activities of public and private stakeholders the paper proposes a framework that conceptualizes relationships among external/internal drivers, partnership, resources and project success/performance. This could be a promising future research direction, helping technology project stakeholders maximize their returns by realizing full advantage of collaboration and partnership

Keywords

Citation

Odabashian, V., HassabElnaby, H.R. and Manoukian, A. (2019), "Innovative renewable energy technology projects’ success through partnership", International Journal of Energy Sector Management, Vol. 13 No. 2, pp. 341-358. https://doi.org/10.1108/IJESM-04-2018-0001

Publisher

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Emerald Publishing Limited

Copyright © 2018, Emerald Publishing Limited

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