IDEAS home Printed from https://ideas.repec.org/a/fan/efeefe/vhtml10.3280-efe2019-002006.html
   My bibliography  Save this article

Business models for interfirm energy cooperation in industrial parks: A possible taxonomy

Author

Listed:
  • Eleonora Annunziata
  • Francesco Rizzi
  • Tiberio Daddi
  • Marco Frey

Abstract

Due to climate change and energy price volatility, companies are tackling an energy transition entailing the reconfiguration of energy and material flows within their production processes. In this context, interfirm energy cooperation among two or more companies presents an effective and innovative option for exploiting the benefits associated with the exchange of energy- related products and services. Therefore, this paper aims to investigate and categorize replicable mechanisms and solutions in terms of sustainable business models for reaching an effective and long-lasting interfirm energy cooperation in industrial parks. By assuming a park manager? s perspective and developing a framework based on sustainable business model archetypes, three types of business models for implementing interfirm energy cooperation from mainly service-based to mainly product-based value propositions are identified and described. This paper provides indications for developing value proposition, value creation and delivery, and value capture in each type of business model, by discussing specific technical and organizational capabilities to be possessed and improved by park managers and park companies. Moreover, this study contributes to the literature on sustainable business models by exploring their systemic dimensions and provides managerial implications concerning the role of park managers.

Suggested Citation

  • Eleonora Annunziata & Francesco Rizzi & Tiberio Daddi & Marco Frey, 2019. "Business models for interfirm energy cooperation in industrial parks: A possible taxonomy," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 0(2), pages 133-148.
  • Handle: RePEc:fan:efeefe:v:html10.3280/efe2019-002006
    as

    Download full text from publisher

    File URL: http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=66293&Tipo=ArticoloPDF
    Download Restriction: Single articles can be downloaded buying download credits, for info: https://www.francoangeli.it/DownloadCredit
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Steve Evans & Doroteya Vladimirova & Maria Holgado & Kirsten Van Fossen & Miying Yang & Elisabete A. Silva & Claire Y. Barlow, 2017. "Business Model Innovation for Sustainability: Towards a Unified Perspective for Creation of Sustainable Business Models," Business Strategy and the Environment, Wiley Blackwell, vol. 26(5), pages 597-608, July.
    2. Marian R. Chertow, 2007. "“Uncovering” Industrial Symbiosis," Journal of Industrial Ecology, Yale University, vol. 11(1), pages 11-30, January.
    3. Beattie, Vivien & Smith, Sarah Jane, 2013. "Value creation and business models: Refocusing the intellectual capital debate," The British Accounting Review, Elsevier, vol. 45(4), pages 243-254.
    4. Erik G. Hansen & Friedrich Grosse-Dunker & Ralf Reichwald, 2009. "Sustainability Innovation Cube — A Framework To Evaluate Sustainability-Oriented Innovations," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 13(04), pages 683-713.
    5. Raphael Amit & Christoph Zott, 2001. "Value creation in E‐business," Strategic Management Journal, Wiley Blackwell, vol. 22(6‐7), pages 493-520, June.
    6. Palm, Jenny & Thollander, Patrik, 2010. "An interdisciplinary perspective on industrial energy efficiency," Applied Energy, Elsevier, vol. 87(10), pages 3255-3261, October.
    7. Ioannis Siskos & Luk N. Van Wassenhove, 2017. "Synergy Management Services Companies: A New Business Model for Industrial Park Operators," Journal of Industrial Ecology, Yale University, vol. 21(4), pages 802-814, August.
    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. Wisdom Kanda & Martin Geissdoerfer & Olof Hjelm, 2021. "From circular business models to circular business ecosystems," Business Strategy and the Environment, Wiley Blackwell, vol. 30(6), pages 2814-2829, September.
    2. Mara Del Baldo & Maria-Gabriella Baldarelli, 2017. "Renewing and improving the business model toward sustainability in theory and practice," International Journal of Corporate Social Responsibility, Springer, vol. 2(1), pages 1-13, December.
    3. Sebastian Schroedel, 2023. "The Sustainable Business Model Database: 92 Patterns That Enable Sustainability in Business Model Innovation," Sustainability, MDPI, vol. 15(10), pages 1-27, May.
    4. Hiam Serhan & Gwenola Yannou-Le Bris, 2021. "The engineering of food with sustainable development goals:policies, curriculums, business models, and practices," Post-Print hal-02919820, HAL.
    5. Grigorescu Adriana & Maer Matei Monica Mihaela & Mocanu Cristina & Zamfir Ana-Maria, 2019. "Key drivers and skills need for innovative companies focused on sustainability," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 13(1), pages 717-727, May.
    6. Dhir, Amandeep & Khan, Sher Jahan & Islam, Nazrul & Ractham, Peter & Meenakshi, N., 2023. "Drivers of sustainable business model innovations. An upper echelon theory perspective," Technological Forecasting and Social Change, Elsevier, vol. 191(C).
    7. Iheanachor, Nkemdilim & David-West, Yinka & Umukoro, Immanuel Ovemeso, 2021. "Business model innovation at the bottom of the pyramid – A case of mobile money agents," Journal of Business Research, Elsevier, vol. 127(C), pages 96-107.
    8. Broccardo, Laura & Zicari, Adrián & Jabeen, Fauzia & Bhatti, Zeeshan A., 2023. "How digitalization supports a sustainable business model: A literature review," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    9. Luigi Fusco Girard & Marilena Vecco, 2021. "The “Intrinsic Value” of Cultural Heritage as Driver for Circular Human-Centered Adaptive Reuse," Sustainability, MDPI, vol. 13(6), pages 1-28, March.
    10. Bencsik, Barbara & Palmié, Maximilian & Parida, Vinit & Wincent, Joakim & Gassmann, Oliver, 2023. "Business models for digital sustainability: Framework, microfoundations of value capture, and empirical evidence from 130 smart city services," Journal of Business Research, Elsevier, vol. 160(C).
    11. Laura Girella & Roberto Tizzano & Elisa Rita Ferrari, 2019. "Concepts travelling across disciplinary fields: the case of the business model," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 23(2), pages 373-402, June.
    12. Nicoletta Fadda & Gianfranco Pischedda & Ludovico Marin? & katia Corsi, 2021. "Sustainable-oriented management come fattore di resilienza organizzativa. Un caso di studio," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2021(2), pages 39-60.
    13. Samantha Sharpe & Renu Agarwal, 2014. "Strengthening Industrial Ecology’s Links with Business Studies: Insights and Potential Contributions from the Innovation and Business Models Literature," Resources, MDPI, vol. 3(2), pages 1-21, March.
    14. Kullak, Franziska S. & Baker, Jonathan J. & Woratschek, Herbert, 2021. "Enhancing value creation in social purpose organizations: Business models that leverage networks," Journal of Business Research, Elsevier, vol. 125(C), pages 630-642.
    15. Andrea Cardoni & Evgeniia Kiseleva & Paolo Taticchi, 2020. "In Search of Sustainable Value: A Structured Literature Review," Sustainability, MDPI, vol. 12(2), pages 1-18, January.
    16. Giovanna Attanasio & Nadia Preghenella & Alberto Felice De Toni & Cinzia Battistella, 2022. "Stakeholder engagement in business models for sustainability: The stakeholder value flow model for sustainable development," Business Strategy and the Environment, Wiley Blackwell, vol. 31(3), pages 860-874, March.
    17. Paola Vola & Lorenzo Gelmini & Lucrezia Songini, 2021. "What does the Business Model tell us about Natural Capital? Insights from African Integrated Reports," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2021(suppl. 1), pages 75-96.
    18. Bogdan Wit & Piotr Dresler & Anna Surma-Syta, 2021. "Innovation in Start-Up Business Model in Energy-Saving Solutions for Sustainable Development," Energies, MDPI, vol. 14(12), pages 1-24, June.
    19. Fernando E. García-Muiña & María Sonia Medina-Salgado & Anna Maria Ferrari & Marco Cucchi, 2020. "Sustainability Transition in Industry 4.0 and Smart Manufacturing with the Triple-Layered Business Model Canvas," Sustainability, MDPI, vol. 12(6), pages 1-19, March.
    20. Michael Hamwi & Iban Lizarralde, 2019. "Demand-side management and renewable energy business models for energy transition A systematic review," Post-Print hal-02448505, HAL.

    More about this item

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

    Statistics

    Access and download statistics

    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:fan:efeefe:v:html10.3280/efe2019-002006. 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: Stefania Rosato (email available below). General contact details of provider: http://www.francoangeli.it/riviste/sommario.aspx?IDRivista=10 .

    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.