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Potential of Renewable Energy Sources in Uzbekistan

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  • Bahtiyor R. ESHCHANOV
  • Mona Grinwis Plaat STULTJES
  • Ruzumboy A. ESHCHANOV
  • Sanaatbek K. SALAEV

Abstract

The competitive market is able to regulate simple innovative processes. In those of a more complex nature whose principal players may belong to either the same or a different firm a different form of organization is required: one which coherently defines rules and resources designed to avoid, in conditions of uncertainty, tensions arising between the different players which prevent their coordination. In this essay, the hypothesis that such organizations require both contract and leadership will be presented and discussed. The contract is required to en-sure ex-post efficiency, avoiding wastage of resources, and ex-ante efficiency, i.e. mutual commitment between the different players in the innovative process. Leadership is required to progressively manage the conflicts that occur between contrasting visions of how best to proceed that emerge from different specializations, legitimized through a shared commitment. Notwithstanding such characterization, leadership may also not assume the same functions of contract. The contract may not be sufficient and require leadership, but strong leadership cannot replace contract. In such a case, there would be a risk of disengagement. An initial application of this simple model (leadership and contract) seems encouraging against competing theories conceiving contract or leadership as sufficient conditions for innovation.

Suggested Citation

  • Bahtiyor R. ESHCHANOV & Mona Grinwis Plaat STULTJES & Ruzumboy A. ESHCHANOV & Sanaatbek K. SALAEV, 2011. "Potential of Renewable Energy Sources in Uzbekistan," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 1(7), pages 1-17, December.
    • Handle: RePEc:spp:jkmeit:1236
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    References listed on IDEAS

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    1. Lund, Henrik, 2007. "Renewable energy strategies for sustainable development," Energy, Elsevier, vol. 32(6), pages 912-919.
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    1. Bezzubko Larysa & Eshniyazov Rustam & Bezzubko Borys & Erimbetov Berdimurat & Bektursinova Qizdanay, 2022. "Algorithmic Approach to the Development of the Use of Bioenergy Resources," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 44(4), pages 489-496, December.
    2. Gabriela O. Chiciudean & Rezhen Harun & Felix H. Arion & Daniel I. Chiciudean & Camelia F. Oroian & Iulia C. Muresan, 2018. "A Critical Approach on Sustainable Renewable Energy Sources in Rural Area: Evidence from North-West Region of Romania," Energies, MDPI, vol. 11(9), pages 1-15, August.

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