IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v12y2018i1p209-228n20.html
   My bibliography  Save this article

Key elements of an entrepreneurial (business) model in the biogas sector. Insights from Romania

Author

Listed:
  • Clodnițchi Roxana
  • Nedelcu Alexandra Cătălina

    (The Bucharest University of Economic Studies, Faculty of Business Administration in Foreign Languages, Bucharest, Romania)

Abstract

The current volatile economic environment and the evermore shorter technology cycles impact the way business is done today, especially in an emerging field like the renewable energy sector. Business modelling proves itself as an instrument, which may impact decisively the success or failure of a business. The aim of this article is to identify and present the key elements defining entrepreneurial models in the renewable energy field, as resulted from a synthesis of the recent literature available in journals indexed in international databases of mainstream publications about business models and entrepreneurial models as well as from empirical research performed in the past five years. The research result consists in a systematisation on past approaches on business modelling and the development and adaptation of the entrepreneurial model’s definition specific for the biogas sector.

Suggested Citation

  • Clodnițchi Roxana & Nedelcu Alexandra Cătălina, 2018. "Key elements of an entrepreneurial (business) model in the biogas sector. Insights from Romania," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 12(1), pages 209-228, May.
  • Handle: RePEc:vrs:poicbe:v:12:y:2018:i:1:p:209-228:n:20
    DOI: 10.2478/picbe-2018-0020
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2018-0020
    Download Restriction: no

    File URL: https://libkey.io/10.2478/picbe-2018-0020?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Alina Mihaela Dima & Simona Vasilache, 2016. "Credit Risk modeling for Companies Default Prediction using Neural Networks," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 127-143, September.
    2. Nichifor Maria Alexandra, 2015. "Sustainable business models for wind and solar energy in Romania," Management & Marketing, Sciendo, vol. 10(1), pages 53-62, June.
    3. Negro, Simona O. & Hekkert, Marko P. & Smits, Ruud E., 2007. "Explaining the failure of the Dutch innovation system for biomass digestion--A functional analysis," Energy Policy, Elsevier, vol. 35(2), pages 925-938, February.
    4. Lantz, Mikael & Svensson, Mattias & Bjornsson, Lovisa & Borjesson, Pal, 2007. "The prospects for an expansion of biogas systems in Sweden--Incentives, barriers and potentials," Energy Policy, Elsevier, vol. 35(3), pages 1830-1843, March.
    5. Rikke Lybæk & Thomas Budde Christensen & Tyge Kjær, 2013. "Governing Innovation for Sustainable Development in the Danish Biogas Sector – a Historical Overview and Analysis of Innovation," Sustainable Development, John Wiley & Sons, Ltd., vol. 21(3), pages 171-182, May.
    6. Sandén, Björn A. & Hillman, Karl M., 2011. "A framework for analysis of multi-mode interaction among technologies with examples from the history of alternative transport fuels in Sweden," Research Policy, Elsevier, vol. 40(3), pages 403-414, April.
    7. Simona O. Negro & Marko P. Hekkert, 2008. "Explaining the success of emerging technologies by innovation system functioning: the case of biomass digestion in Germany," Innovation Studies Utrecht (ISU) working paper series 08-08, Utrecht University, Department of Innovation Studies, revised Feb 2008.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Markard, Jochen, 2020. "The life cycle of technological innovation systems," Technological Forecasting and Social Change, Elsevier, vol. 153(C).
    2. Wirth, Steffen, 2014. "Communities matter: Institutional preconditions for community renewable energy," Energy Policy, Elsevier, vol. 70(C), pages 236-246.
    3. Alkemade & Simona Negro & Neil Thompson & Marko Hekkert, 2011. "Towards a micro-level explanation of sustainability transitions: entrepreneurial strategies," Innovation Studies Utrecht (ISU) working paper series 11-01, Utrecht University, Department of Innovation Studies, revised Apr 2011.
    4. Negro, Simona O. & Alkemade, Floortje & Hekkert, Marko P., 2012. "Why does renewable energy diffuse so slowly? A review of innovation system problems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(6), pages 3836-3846.
    5. Kari-Anne Lyng & Lise Skovsgaard & Henrik Klinge Jacobsen & Ole Jørgen Hanssen, 2020. "The implications of economic instruments on biogas value chains: a case study comparison between Norway and Denmark," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(8), pages 7125-7152, December.
    6. Magnusson, Thomas & Berggren, Christian, 2018. "Competing innovation systems and the need for redeployment in sustainability transitions," Technological Forecasting and Social Change, Elsevier, vol. 126(C), pages 217-230.
    7. Edsand, Hans, 2016. "Technological Innovation Systems and the wider context: A framework for developing countries," MERIT Working Papers 2016-017, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    8. Markard, Jochen & Stadelmann, Martin & Truffer, Bernhard, 2009. "Prospective analysis of technological innovation systems: Identifying technological and organizational development options for biogas in Switzerland," Research Policy, Elsevier, vol. 38(4), pages 655-667, May.
    9. Michiko Iizuka & Mulu Gebreeyesus, 2017. "Using Functions of Innovation Systems to Understand the Successful Emergence of Non-traditional Agricultural Export Industries in Developing Countries: Cases from Ethiopia and Chile," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(2), pages 384-403, April.
    10. Stephan, Annegret & Schmidt, Tobias S. & Bening, Catharina R. & Hoffmann, Volker H., 2017. "The sectoral configuration of technological innovation systems: Patterns of knowledge development and diffusion in the lithium-ion battery technology in Japan," Research Policy, Elsevier, vol. 46(4), pages 709-723.
    11. Haley, Brendan, 2018. "Integrating structural tensions into technological innovation systems analysis: Application to the case of transmission interconnections and renewable electricity in Nova Scotia, Canada," Research Policy, Elsevier, vol. 47(6), pages 1147-1160.
    12. Huang, Ping & Negro, Simona O. & Hekkert, Marko P. & Bi, Kexin, 2016. "How China became a leader in solar PV: An innovation system analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 64(C), pages 777-789.
    13. Andersson, Johnn & Hellsmark, Hans & Sandén, Björn A., 2018. "Shaping factors in the emergence of technological innovations: The case of tidal kite technology," Technological Forecasting and Social Change, Elsevier, vol. 132(C), pages 191-208.
    14. De Oliveira, Luiz Gustavo Silva & Negro, Simona O., 2019. "Contextual structures and interaction dynamics in the Brazilian Biogas Innovation System," Renewable and Sustainable Energy Reviews, Elsevier, vol. 107(C), pages 462-481.
    15. Kang, Moon Jung & Hwang, Jongwoon, 2016. "Structural dynamics of innovation networks funded by the European Union in the context of systemic innovation of the renewable energy sector," Energy Policy, Elsevier, vol. 96(C), pages 471-490.
    16. Hansen, Teis & Coenen, Lars, 2015. "Unpacking investment decisions in biorefineries," Papers in Innovation Studies 2015/34, Lund University, CIRCLE - Centre for Innovation Research.
    17. Edsand, Hans-Erik, 2019. "Technological innovation system and the wider context: A framework for developing countries," Technology in Society, Elsevier, vol. 58(C).
    18. Markard, Jochen & Raven, Rob & Truffer, Bernhard, 2012. "Sustainability transitions: An emerging field of research and its prospects," Research Policy, Elsevier, vol. 41(6), pages 955-967.
    19. Simona O. Negro & Veronique Vasseur & Wilfried van Sark & Marko Hekkert, 2009. "Understanding innovation system build up: The rise and fall of the Dutch PV Innovation System," Innovation Studies Utrecht (ISU) working paper series 09-04, Utrecht University, Department of Innovation Studies, revised Mar 2009.
    20. Darmani, Anna & Niesten, Eva & Hekkert, Marko, 2014. "Which Investors Drive the Development of Wind Energy?," INDEK Working Paper Series 2014/8, Royal Institute of Technology, Department of Industrial Economics and Management.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:poicbe:v:12:y:2018:i:1:p:209-228:n:20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.