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Article
Publication date: 6 April 2012

Corinna Dögl, Dirk Holtbrügge and Tassilo Schuster

The purpose of this paper is to analyze the competitive advantage of German renewable energy firms in India and China. Porter's diamond model is modified and specified for…

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6584

Abstract

Purpose

The purpose of this paper is to analyze the competitive advantage of German renewable energy firms in India and China. Porter's diamond model is modified and specified for the renewable energy industry.

Design/methodology/approach

Based on Porter's diamond model of competitiveness, the authors examine the demand for renewable energies in India and China and the ability of German firms to meet this demand.

Findings

While the overall demand for renewable energies in India and China is significant, the study reveals remarkable differences in the fields of biomass, solar and wind energy. The findings are meant to address managers in the renewable energy industry and to aid policy makers in environmental support and action.

Research limitations/implications

A major theoretical contribution of the study is the application of Porter's diamond model to the renewable energy industry, as well as the identification and operationalization of the relevant causal and proxy variables.

Practical implications

The paper provides a detailed analysis of the factors on which the competitive advantage of German renewable energy technologies in India and China is based. This helps managers of renewable energy firms to focus on those areas where they have particular strengths and to introduce measures to overcome potential weaknesses.

Originality/value

The authors used a modified version of Porter's diamond model and specified it for the renewable energy industry. The model was tested empirically in Germany and both emerging countries on the basis of secondary data.

Details

International Journal of Emerging Markets, vol. 7 no. 2
Type: Research Article
ISSN: 1746-8809

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Article
Publication date: 6 April 2012

Aluru Srinivasa Ramana, Lakshmanan Chidambaram, Govindarajulu Kamaraj and Ramalingam Velraj

The purpose of this paper is to assess renewable energy‐based cooling technologies using multi‐criteria methodology.

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1436

Abstract

Purpose

The purpose of this paper is to assess renewable energy‐based cooling technologies using multi‐criteria methodology.

Design/methodology/approach

Analytic hierarchy process (AHP) methodology is applied to obtain the ranking of renewable energy options for cooling technology using five different criteria. In total, seven technologies were analyzed, based on the opinions obtained from experts and the extensive literature survey made and the ranking was obtained using AHP method.

Findings

The present findings revealed that the ranking for the renewable energy‐based cooling technologies were in the following order: biomass combustion, biogas, trigeneration, SPV, biomass gasifier, solar thermal storage, and hybrid technology. Only 5 per cent variation in global priority exists among top three options. This variation is considered insignificant due to rapidly varying factors such as technological advancements, government promotional schemes, fuel availability, etc. and hence these three options may be ranked equally.

Research limitations/implications

The research output is helpful in identifying the technology, with promising potential for promoting technology on a wider scale. Additional attributes and sensitivity analysis can be included for further research.

Originality/value

The paper usefully describes the AHP methodology utilized in the present study and the ranking made for the evaluation of renewable energy‐based cooling systems. The outcome of the present study would benefit policymakers, researchers and entrepreneurs when choosing the appropriate cooling technology.

Details

International Journal of Energy Sector Management, vol. 6 no. 1
Type: Research Article
ISSN: 1750-6220

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Article
Publication date: 1 June 2012

Tugrul Daim, Georgina Harell and Liliya Hogaboam

This paper aims to present a forecast for renewable energy production in the USA. Growth curves are used to conduct the forecasts.

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2670

Abstract

Purpose

This paper aims to present a forecast for renewable energy production in the USA. Growth curves are used to conduct the forecasts.

Design/methodology/approach

The analysis is based upon a literature review, supplemented by collection of secondary data. The study then focuses on applying the Pearl growth curve.

Findings

The authors' results show that biomass energy production is growing the fastest followed by geothermal and wind. Additionally, the forecast for solar energy production shows little to no growth over the next two decades.

Research limitations/implications

If the US government hopes to achieve its goals in renewable energy, considerable funding and incentives will have to be put forth to accelerate the growth of renewable energy. Since the biomass technology is already growing nicely it makes sense to put the additional resources behind the other three technologies to close the 10.3 percent gap being forecasted. The government also needs to put more funding into dual renewable plants such as wind or solar combines with pumped hydro, this will ensure environmental and reliability are both maintained. Finally, for renewable energies to be competitive in the long term, considerable research needs to go into driving down the cost so there is not a need for subsidies.

Originality/value

This study provides value in providing a forecast for expected future growth for renewable energy sources.

Details

Foresight, vol. 14 no. 3
Type: Research Article
ISSN: 1463-6689

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Article
Publication date: 17 July 2017

Seyed Meysam Zolfaghari Ejlal Manesh and Alex Rialp-Criado

In this study, entrepreneurial internationalization in renewable energy industry as a high-tech and emerging industry was explored. The focus of this study is on firm…

Abstract

Purpose

In this study, entrepreneurial internationalization in renewable energy industry as a high-tech and emerging industry was explored. The focus of this study is on firm level factors to understand how and why these companies entered the international markets and what are their challenges and difficulties in this process. To answer these questions, two main streams of literature were used: international entrepreneurship (IE) and sustainable entrepreneurship.

Design/methodology/approach

Case study methodology is selected for this research. Because this subject is new and empirical researches in renewable energy industry are scarce, a method to gather research and in-depth data was adopted. Following suggestions by Eisenhardt (1989), a multiple-case design method was used with nine cases of entrepreneurial companies in renewable energy industry from Spain.

Findings

Results show that in renewable energy industry firms, resources and capabilities such as need for funding and rapid commercialization are key factors that encourage companies to enter the international market. However, having access to the technological knowledge cannot be a compelling reason for internationalization of renewable energy companies from Spain. Moreover, the interaction between the large and small firms is an important factor that facilitates the process of internationalization.

Research limitations/implications

In this study, the focus was only on firm level factors, whereas other levels of analysis such as entrepreneur, environment, policy scheme and industrial factors need further attention in future studies. Moreover, this study is only limited to Spanish companies, and future studies can be replicated in other context.

Practical implications

Findings of the study have significant theoretical and empirical implications. First of all, it explains the entrepreneurial internationalization by taking advantage of sustainable entrepreneurship literature. In addition, empirical results of this study are significantly important for entrepreneurs to implement effective internationalization strategy to survive. Findings of this study can help policy makers for designing a supportive scheme for further development of this industry in the international markets.

Originality/value

This paper explores the entrepreneurial internationalization of renewable energy companies as an emerging industry by taking advantage of two streams of literature: international entrepreneurship and sustainable entrepreneurship. The results show the phenomenon of early internationalization in pre-commercialization phase. These findings put emphasis on interaction between large and small firms in process of internationalization in this specific industry.

Details

Competitiveness Review: An International Business Journal, vol. 27 no. 4
Type: Research Article
ISSN: 1059-5422

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Article
Publication date: 23 April 2020

Stephen Korutaro Nkundabanyanga, Moses Muhwezi, Doreen Musimenta, Sharon Nuwasiima and Grace Muganga Najjemba

This paper aims to show preliminary evidence of the link between the perceived low vulnerability of vital energy systems (LVRE) and social acceptance of renewable energy

Abstract

Purpose

This paper aims to show preliminary evidence of the link between the perceived low vulnerability of vital energy systems (LVRE) and social acceptance of renewable energy (SARE) while treating environmental opportunities and threats (EOPT), renewable energy technological innovations (TECH) and business model innovations as possible antecedents.

Design/methodology/approach

The objectives are delivered through a survey of 199 households (potential and actual customers/suppliers of electric power and renewable energy gadgets in Kampala and Wakiso districts of Uganda), and the data obtained were analysed using ordinary least squares (OLS) regression.

Findings

Both LVRE and EOPT, on their own, significantly predict SARE. TECH significantly mediate in the relation between EOPT and SARE. The highest form of SARE is market acceptance. Also, the current state of vulnerability of vital energy systems in the two Ugandan districts seems to espouse energy security as the real value of renewable energy. The study further finds that to deliver high SARE, there is a need to encompass potential user performance expectations of renewable energy technologies.

Research implications/limitation

Because the current results are from only two cities (districts) of Uganda and also based on a non-probability sample, generalizing them can be considered remote. In other words, it appears that more complex models need developing and testing in the future concerning LVRE and SARE. The present preliminary results are offered as a stimulus to such efforts. Well, it is expected, and, consistent with the diffusion of innovations theory (Rogers, 1995), that the population in Kampala and Wakiso districts are potential change agents (i.e. capable of influencing others in rural areas of Uganda).

Originality/value

The study estimates the direct and indirect effects to show how strongly TECH operate. Basing on OLS regression coefficients, the indirect effects are larger. Using the medgraph, we find probably for the first time, the adoption of technological innovation explains a significant part of the link between EOPT and SARE in the current study setting.

Details

International Journal of Energy Sector Management, vol. 14 no. 6
Type: Research Article
ISSN: 1750-6220

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Article
Publication date: 29 June 2010

Geoffrey Wood and Stephen Dow

The United Kingdom (UK) Government is required to meet various renewable energy targets set by the European Union. The UK has had renewables support schemes for many…

Abstract

Purpose

The United Kingdom (UK) Government is required to meet various renewable energy targets set by the European Union. The UK has had renewables support schemes for many years. It has become clear that the old schemes are insufficient to lead to enough new capacity to meet the target. The government has accordingly reformed the renewables obligation (RO). The purpose of this paper is to analyse whether the reformed RO will meet the targets set for 2015 and 2020.

Design/methodology/approach

The paper undertakes a review of the modelling literature and performs a critical, deductive analysis of the RO to answer its research issue.

Findings

The paper finds that it is too late to make any difference to the 2010 target, but that the reforms might lead to the 2015 target being met, and finds that whilst it is clear that the reformed RO will lead to more capacity being built than otherwise would have been the case, it is difficult to establish that the 2020 target will be met.

Originality/value

This paper shows that there may be further reform of the already‐reformed RO, and that more time is needed to see the impacts of the recent regulatory responses to the external failures. This understanding will be useful in developing new policies to promote renewable energies in the UK.

Details

International Journal of Energy Sector Management, vol. 4 no. 2
Type: Research Article
ISSN: 1750-6220

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Article
Publication date: 1 November 2010

Yasser M. Al‐Saleh

This conceptual paper articulates an analytical framework, which collectively borrows from the concepts of Sectoral, National and Technological Innovation Systems, for…

Abstract

This conceptual paper articulates an analytical framework, which collectively borrows from the concepts of Sectoral, National and Technological Innovation Systems, for examining the prospects for the emergence of renewable energy industries in a given country. In order to examine the dynamics within the national energy system under consideration, a list of system functions has also been compiled from the literature. It is believed that the adoption of such a functions approach has the potential to enhance our understanding of the process of, and drivers behind, the emergence and transformation of energy innovation systems. Towards the end of this paper, other theoretical concepts are acknowledged as also relevant for investigating the potential establishment of renewable energy industries. While every theoretical approach has its strengths and weaknesses, an effort has been made in this paper to justify the adoption of a suitable framework that is based on the systems of innovation approach.

Details

World Journal of Science, Technology and Sustainable Development, vol. 7 no. 4
Type: Research Article
ISSN: 2042-5945

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Article
Publication date: 29 October 2019

Agnes Asemokha, Ali Ahi, Lasse Torkkeli and Sami Saarenketo

The purpose of this study is to provide a foundational understanding of the internationalization of small- and medium-sized enterprises (SMEs) operating in the context of…

Abstract

Purpose

The purpose of this study is to provide a foundational understanding of the internationalization of small- and medium-sized enterprises (SMEs) operating in the context of renewable energy markets. The focus is on exploring and identifying the managerial-, firm- and environmental-level antecedents to their international expansion, which also furthers the understanding of the distinct SME’s internationalization context within the renewable energy market.

Design/methodology/approach

The study adopts a qualitative multiple case study approach in a Finnish SME context and identifies the antecedents’ relative prominence at the managerial, firm and environmental levels.

Findings

The findings indicate that, although internationalization antecedents of renewable energy SMEs differ owing to market forces such as trends, networks and changing regulatory policies, they share antecedents similar to those of SMEs in other industries.

Research limitations/implications

The main limitation of this study is its single-country home market empirical context. Future studies should expand analysis to different regulatory and regional environments.

Originality/value

To the authors’ knowledge, there are few studies that explore the antecedents of SMEs’ internationalization, especially in the renewable energy market context. Hence, this study contributes to the international business and entrepreneurship literature by illustrating the fundamental managerial-, firm- and environmental-level antecedents to the internationalization of SMEs operating in the renewable energy business. In addition, it highlights the peculiarities of renewable energy SMEs’ internationalization, suggesting that extant research on SMEs’ internationalization has not adequately captured the intricacies present in the internationalization of renewable energy enterprises.

Details

critical perspectives on international business, vol. 16 no. 4
Type: Research Article
ISSN: 1742-2043

Keywords

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Article
Publication date: 16 August 2019

Alex Rialp-Criado, Seyed Meysam Zolfaghari Ejlal Manesh and Øystein Moen

This paper aims to elaborate on the crucial effects that a seemingly detrimental policy change in Spain has had on the international entrepreneurial activities of domestic…

Abstract

Purpose

This paper aims to elaborate on the crucial effects that a seemingly detrimental policy change in Spain has had on the international entrepreneurial activities of domestic renewable energy (RE) firms.

Design/methodology/approach

Primary data were collected from nine RE companies in Spain and then triangulated with secondary data and interviews from informants in other local institutions.

Findings

Domestic RE firms, due to an institutional scape driver action, reacted to an increasingly uncertain and generally more adverse renewable energy policy framework in this country by preferring to internationalise towards foreign markets that had lower political uncertainty than the domestic one.

Research limitations/implications

This paper complements previous research primarily on firm-specific factors that enhance internationalising firms’ survival and growth through a focus on the impact of a changing institutional-political environment at the home country-level.

Practical implications

Practitioners in the RE sector should analyse the risk of focusing only on the home market, as it can be too dependent on uncontrolled variations in domestic energy policy.

Social implications

The findings indicate that a more stable and supportive, long-term perspective in the domestic RE policy is essential for the sustained growth and development of this emerging industry.

Originality/value

To analyse the strategy by which a number of purposefully selected companies were able to use international expansion as a survival-seeking strategy against a drastic policy-level change in the domestic RE market.

Details

critical perspectives on international business, vol. 16 no. 4
Type: Research Article
ISSN: 1742-2043

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Article
Publication date: 11 November 2013

Aija Paananen and Saku J. Mäkinen

The purpose of this study is to investigate whether news media as a form of social communication regarding pressing, important, and contemporary issues could be used as a

Abstract

Purpose

The purpose of this study is to investigate whether news media as a form of social communication regarding pressing, important, and contemporary issues could be used as a leading indicator of technology adoption. For technology foresight, monitoring and analyzing energy technologies is in the spotlight due to their strategic importance to the agenda of competitive and sustainable economic growth.

Design/methodology/approach

The trends in renewable energy production and news media are determined and compared to draw inferences in foresight concerning the use of renewable energy technologies in energy production. Consequently, the data concern wind and solar energy production and their representation in news media in Germany and the UK. The analysis proceeds as a quasi-experiment treating each yearly observation of energy production as a function of news media data with lagged variables.

Findings

The study reveals consistent dynamics in the lag in the primary production of energy in related technologies compared to the media visibility of the respective technologies.

Originality/value

This study explores the prospects of using news media data in foresight analysis concerning renewable energy production and provides many fruitful avenues for foresight research in investigating relationships between technology adoption and media exposure.

Details

Foresight, vol. 15 no. 6
Type: Research Article
ISSN: 1463-6689

Keywords

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