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Business Model of an Energy Efficient Company: Main Components and the Mechanism of Influence on Formation of Competitive Advantages


  • Nakonechnaya Darina Yu.

    () (Kyiv National Economic University named after. V. Getman)


The article considers different approaches of scientists in the field of the study of the essence and interpretation of the "business model" notion. It offers a descriptive definition of the "business model of an energy efficient company" term, which takes into account semantics of the "business model" notion and specific features of this phenomenon from the system point of view. It presents main tasks of formalisation and complex presentation of this business model. It identifies and characterises its main structural components for energy intensive company, including ones that deal with cement production, which are: key stakeholders of the company; offer of values for stakeholders; main task of energy saving; direction of formation of additional competitive advantages by means of increase of energy efficiency; criteria of managing energy saving; internal factors of energy saving; barriers of energy effectiveness; conditions of effective management of energy saving; system of management of energy saving; assessment of energy saving and management of it. The article identifies and describes interconnection between the offered structural components and also the system of links with external environment.

Suggested Citation

  • Nakonechnaya Darina Yu., 2013. "Business Model of an Energy Efficient Company: Main Components and the Mechanism of Influence on Formation of Competitive Advantages," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 5, pages 288-293.
  • Handle: RePEc:idp:bizinf:y:2013:i:5:p:288_293

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    References listed on IDEAS

    1. Christopher A. Hennessy & Toni M. Whited, 2007. "How Costly Is External Financing? Evidence from a Structural Estimation," Journal of Finance, American Finance Association, vol. 62(4), pages 1705-1745, August.
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    3. Rajan, Raghuram G & Zingales, Luigi, 1998. "Financial Dependence and Growth," American Economic Review, American Economic Association, vol. 88(3), pages 559-586, June.
    4. Heitor Almeida & Murillo Campello & Michael S. Weisbach, 2004. "The Cash Flow Sensitivity of Cash," Journal of Finance, American Finance Association, vol. 59(4), pages 1777-1804, August.
    5. John Hutchinson & Ana Xavier, 2006. "Comparing the Impact of Credit Constraints on the Growth of SMEs in a Transition Country with an Established Market Economy," Small Business Economics, Springer, vol. 27(2), pages 169-179, October.
    6. Stijn Claessens & Simeon Djankov & Joseph P. H. Fan & Larry H. P. Lang, 2002. "Disentangling the Incentive and Entrenchment Effects of Large Shareholdings," Journal of Finance, American Finance Association, vol. 57(6), pages 2741-2771, December.
    7. Giorgio Fagiolo & Alessandra Luzzi, 2006. "Do liquidity constraints matter in explaining firm size and growth? Some evidence from the Italian manufacturing industry," Industrial and Corporate Change, Oxford University Press, vol. 15(1), pages 1-39, February.
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