Search results

1 – 2 of 2
Article
Publication date: 19 November 2024

Diksha Kumari, Srijan Shashwat, Prashant Kumar Verma and Arun Kumar Giri

Global urbanization has accelerated due to the persistent trend of rural-to-urban migration in search of better prospects and livelihoods, which has had serious negative effects…

Abstract

Purpose

Global urbanization has accelerated due to the persistent trend of rural-to-urban migration in search of better prospects and livelihoods, which has had serious negative effects on the environment, especially in rapidly developing economies. Hence, the purpose of the study is to analyse the relationship between urbanization, economic growth, consumption of renewable energy and carbon emissions with careful examination, particularly in the context of India, where urban population growth has skyrocketed.

Design/methodology/approach

This study uses econometric methods like Granger causality analysis and the ARDL bound tests, to analyse the intricate relationships between the selected time series variables for India from 1970 to 2022.

Findings

This research highlights the difficult task of striking a balance between economic development and environmental preservation by emphasizing the crucial role that urbanization and economic expansion play in causing carbon emissions. India’s urbanization trajectory presents a significant policy problem that calls for a move towards renewable energy sources to successfully decrease carbon emissions. Moreover, this research indicates a two-way causal relationship between economic growth, urbanization and carbon emissions, pointing to the intricate interactions between these variables during the developmental stage.

Research limitations/implications

Despite India’s per capita emissions remaining below the global average, this study highlights the mounting policy challenge of balancing economic development with environmental sustainability as urbanization persists. The paper emphasizes the need for India to invest in renewable energy capacity to replace non-renewable sources and mitigate the carbon footprint of its growing energy demands. Collaborative efforts between India and the developed world to facilitate access to clean energy technologies are crucial for India to achieve sustainable growth in the long run.

Originality/value

To the best of the authors’ knowledge, existing literature predominantly focuses on investigating the relationship between renewable energy and economic growth, with only a limited number of studies exploring the impact on sustainable development to attain carbon neutrality. Furthermore, these studies have not considered the role of urbanization and non-renewable energy in addressing the challenge of sustainability issues in an emerging country like India. Hence, this study is a comprehensive study that addresses the research gap in these directions.

Details

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

Keywords

Article
Publication date: 25 February 2014

Manoj Joshi and Apoorva Srivastava

The case aims to deal with multi generation entrepreneurship. Families are about people and businesses are about money, therefore, conflict between the two is inevitable…

Abstract

Purpose

The case aims to deal with multi generation entrepreneurship. Families are about people and businesses are about money, therefore, conflict between the two is inevitable. Family-owned businesses develop competitive edges when they align values, vision, strategy, investment and governance to make both family and business activities more professional and mutually supportive. It is a belief that “treating the business like a family”, driven by values and concern for human needs, creates an organization with motivated people working together to create long-term value. Jitesh Ghai is the MD of Panchamrit Asbestos Ltd (PAL), which stands for PAL. Jitesh has an “experiential learning” with the cement sheet business and has understood the nuances of the business. It is supposedly required that PAL ought to professionalize owing to market infeasibility. Shashwat, his son has diversified interests and therefore desires to spin-off to “Big Apple”.

Design/methodology/approach

The case is based on research and secondary information, which has been tested several times, while filling the case gaps during the process. To authenticate information, multiple sources (vendors and customers) of information have been used.

Findings

There is a dilemma between the father-son relationship and decision to professionalise or spin-off! It is understood that in multigenerational business, it is not necessary that the subsequent generation keep the same business, but must preserve wealth and traditions.

Research limitations/implications

The findings are based on observations on one organisation and research carried through secondary sources, which may limit to theory building.

Practical implications

An enterprise largely competes on the basis of available talent, knowledge, competency and capability. Therefore, knowledge must be managed. For survival and growth, business transition must be handled effectively.

Originality/value

The case is original with the business family in its second generation striving to survive.

Details

Journal of Entrepreneurship in Emerging Economies, vol. 6 no. 1
Type: Research Article
ISSN: 2053-4604

Keywords

1 – 2 of 2