IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v14y2021i20p6752-d658162.html
   My bibliography  Save this article

The Potential and Need to Implement the New Concept of Social Innovation into the Management Practice of Modern Energy Companies

Author

Listed:
  • Aleksander Pabian

    (Faculty of Management, Czestochowa University of Technology, Dabrowskiego 69, 42-201 Czestochowa, Poland)

  • Katarzyna Bilińska-Reformat

    (Department of Marketing Management and Tourism, University of Economics in Katowice, 1 Maja 50, 40-287 Katowice, Poland)

Abstract

The research results presented in the paper show that it is important that not only state institutions and foundations but also energy companies engage in solving environmental problems by introducing specific social innovations. This need results primarily from the fact that in the environment of energy enterprises, problems of a social nature as well as those related to ecology are observed. The occurrence of social and environmental problems is related to the fact that the solutions developed so far to eliminate them are not fully effective, and the currently functioning political and economic systems as well as financial mechanisms do not sufficiently support the interests of society members and the biological systems of the planet. Hence, people constituting a layer of the social environment of energy companies also expect support from them, in the elimination of specific problems. It appears that the active participation of energy enterprises in counteracting or eliminating social and environmental issues may result in an increase in the economic efficiency of their management systems. Therefore, the benefits may concern not only the environment in which these companies operate, but also the companies themselves.

Suggested Citation

  • Aleksander Pabian & Katarzyna Bilińska-Reformat, 2021. "The Potential and Need to Implement the New Concept of Social Innovation into the Management Practice of Modern Energy Companies," Energies, MDPI, vol. 14(20), pages 1-12, October.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:20:p:6752-:d:658162
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/14/20/6752/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/14/20/6752/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ulrich Steger & Wouter Achterberg (†) & Kornelis Blok & Henning Bode & Walter Frenz & Corinna Gather & Gerd Hanekamp & Dieter Imboden & Matthias Jahnke & Michael Kost & Rudi Kurz & Hans G. Nutzinger &, 2005. "Sustainable Development and Innovation in the Energy Sector," Springer Books, Springer, number 978-3-540-26882-6 edited by Friederike Wütscher, September.
    2. Angela Köppl & Stefan P. Schleicher, 2018. "What Will Make Energy Systems Sustainable?," Sustainability, MDPI, vol. 10(7), pages 1-13, July.
    3. Laura Michelini & Daniela Fiorentino, 2012. "New business models for creating shared value," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 8(4), pages 561-577, September.
    4. Weerawardena, Jay & Salunke, Sandeep & Haigh, Nardia & Sullivan Mort, Gillian, 2021. "Business model innovation in social purpose organizations: Conceptualizing dual social-economic value creation," Journal of Business Research, Elsevier, vol. 125(C), pages 762-771.
    5. Vrontis, Demetris & Morea, Donato & Basile, Gianpaolo & Bonacci, Isabella & Mazzitelli, Andrea, 2021. "Consequences of technology and social innovation on traditional business model," Technological Forecasting and Social Change, Elsevier, vol. 170(C).
    6. Laura Michelini, 2012. "Social Innovation and New Business Models," SpringerBriefs in Business, Springer, edition 127, number 978-3-642-32150-4, October.
    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. Brunella Arru, 2015. "Indagine sulla comunicazione della responsabilit? sociale delle societ? quotate italiane," MERCATI & COMPETITIVIT?, FrancoAngeli Editore, vol. 2015(4), pages 15-46.
    2. Marcineková, Tatiana & Borbélyová, Diana & Tirpáková, Anna, 2020. "Optimization of children’s transition from preschool and family environment to the first grade of primary school in Slovakia by implementation of an adaptation programme," Children and Youth Services Review, Elsevier, vol. 119(C).
    3. Richard W. Butler & Adam R. Szromek, 2019. "Incorporating the Value Proposition for Society with Business Models of Health Tourism Enterprises," Sustainability, MDPI, vol. 11(23), pages 1-19, November.
    4. Vikas Kumar, 2020. "Social Innovation for Agricultural Development: A Study of System of Rice Intensification in Bihar, India," Millennial Asia, , vol. 11(1), pages 99-118, April.
    5. Kuklytė Jūratė & Vveinhardt Jolita, 2017. "Maximization of Created Social Value: Social Business Models and Their Application Tendencies in Lithuania," Management of Organizations: Systematic Research, Sciendo, vol. 77(1), pages 57-79, June.
    6. van Assen, Arjen & Knot-Dickscheit, Jana & Grietens, Hans & Post, Wendy, 2021. "Fidelity and flexibility of care activities in child-centered youth care for children growing up in families experiencing complex and multiple problems," Children and Youth Services Review, Elsevier, vol. 123(C).
    7. Shah, Muhammad Umair & Guild, Paul D., 2022. "Stakeholder engagement strategy of technology firms: A review and applied view of stakeholder theory," Technovation, Elsevier, vol. 114(C).
    8. Wenyuan Li & Mohammed Abubakari Sadick & Abdul-Aziz Ibn Musah & Salisu Mustapha, 2018. "The Moderating Effect of Social Innovation in Perspectives of Shared Value Creation in the Educational Sector of Ghana," Sustainability, MDPI, vol. 10(11), pages 1-26, November.
    9. Parthasarathy, Balaji & Dey, Supriya & Gupta, Pranjali, 2021. "Overcoming wicked problems and institutional voids for social innovation: University-NGO partnerships in the Global South," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    10. Alijani, Sharam & Karyotis, Catherine, 2019. "Coping with impact investing antagonistic objectives: A multistakeholder approach," Research in International Business and Finance, Elsevier, vol. 47(C), pages 10-17.
    11. Guo, Su & Guan, Shanshan & Yan, Xiaoqian, 2021. "Effects of early learning environment on early childhood development in rural areas in China," Children and Youth Services Review, Elsevier, vol. 124(C).
    12. Dongmin Lee & Junghoon Moon & Young Chan Choe & Jaeseok Jeong, 2016. "Impacts of Socially Responsible Corporate Activities on Korean Consumers’ Corporate Evaluations in the Agrifood Industry," Sustainability, MDPI, vol. 8(12), pages 1-18, December.
    13. Iris Rickhoff-Fischer & Christoph Schank & Arne Ortland, 2021. "Is Corporate Social Entrepreneurship a (So Far) Missed Opportunity for Higher Education Institutions? Evidence from Germany," Sustainability, MDPI, vol. 13(24), pages 1-18, December.
    14. Best, Bernadette & Miller, Kristel & McAdam, Rodney & Maalaoui, Adnane, 2022. "Business model innovation within SPOs: Exploring the antecedents and mechanisms facilitating multi-level value co-creation within a value-network," Journal of Business Research, Elsevier, vol. 141(C), pages 475-494.
    15. Stephan Schulmeister, 2020. "Fixing long-term price paths for fossil energy: the optimal incentive for limiting global warming," ICAE Working Papers 112, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    16. Nadia Preghenella & Cinzia Battistella, 2021. "Exploring business models for sustainability: A bibliographic investigation of the literature and future research directions," Business Strategy and the Environment, Wiley Blackwell, vol. 30(5), pages 2505-2522, July.
    17. Joaquin Sanchez-Planelles & Marival Segarra-Oña & Angel Peiro-Signes, 2020. "Building a Theoretical Framework for Corporate Sustainability," Sustainability, MDPI, vol. 13(1), pages 1-21, December.
    18. Esben Rahbek Gjerdrum Pedersen & Wencke Gwozdz & Kerli Kant Hvass, 2018. "Exploring the Relationship Between Business Model Innovation, Corporate Sustainability, and Organisational Values within the Fashion Industry," Journal of Business Ethics, Springer, vol. 149(2), pages 267-284, May.
    19. Abidin Kemeç & Ayşenur Tarakcıoglu Altınay, 2023. "Sustainable Energy Research Trend: A Bibliometric Analysis Using VOSviewer, RStudio Bibliometrix, and CiteSpace Software Tools," Sustainability, MDPI, vol. 15(4), pages 1-21, February.
    20. repec:dgr:umamer:2003011 is not listed on IDEAS
    21. Kouam, Jean & Asongu, Simplice, 2022. "Effects of Taxation on Social Innovation and Implications for Achieving Sustainable Development Goals in Developing Countries: A Literature Review," MPRA Paper 114061, University Library of Munich, Germany.

    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:gam:jeners:v:14:y:2021:i:20:p:6752-:d:658162. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.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.