IDEAS home Printed from https://ideas.repec.org/a/kap/ecopln/v57y2024i2d10.1007_s10644-024-09661-6.html
   My bibliography  Save this article

Fostering social innovation in the energy transition: entrepreneurial solutions for a sustainable economy

Author

Listed:
  • Xiaoxiao Wu

    (Yancheng Teachers University)

  • Hongfu Chen

    (Yancheng Teachers University)

  • Ying Qian

    (Yancheng Teachers University)

  • Quanyong Lei

    (Yancheng Teachers University)

Abstract

Social innovation is recognized as a crucial catalyst for the transition to sustainable energy. This paper explores how entrepreneurial initiatives contribute to this transformative process within the Chinese context. With a sample of 276 Chinese prefecture-level cities from 2004 to 2019, this paper provides detailed empirical evidence on the entire landscape of localized entrepreneurial endeavors that shape the evolution of the energy sector toward sustainability. Employing panel estimator models, results show three main findings: a significant positive relationship between social entrepreneurship and sustainable energy adoption. Regional disparities in the effectiveness of these entrepreneurial solutions. Local governance structures have a considerable impact on the viability of social innovation in energy. A policy implication is to enhance policy support for social entrepreneurs; different strategies are needed for different local contexts to maximize social innovation’s potential impact on the energy transition.

Suggested Citation

  • Xiaoxiao Wu & Hongfu Chen & Ying Qian & Quanyong Lei, 2024. "Fostering social innovation in the energy transition: entrepreneurial solutions for a sustainable economy," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-19, April.
    • Handle: RePEc:kap:ecopln:v:57:y:2024:i:2:d:10.1007_s10644-024-09661-6
    DOI: 10.1007/s10644-024-09661-6
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10644-024-09661-6
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10644-024-09661-6?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
    ---><---

    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. Xiang Cui & Muhammad Umair & Ganijon Ibragimove Gayratovich & Azer Dilanchiev, 2023. "Do Remittances Mitigate Poverty? An Empirical Evidence From 15 Selected Asian Economies," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 68(04), pages 1447-1468, June.
    2. Gruber Jonathan H, 2005. "Religious Market Structure, Religious Participation, and Outcomes: Is Religion Good for You?," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 5(1), pages 1-32, September.
    3. Tolga Omay & Muhammed Shahbaz & Mubariz Hasanov, 2020. "Testing PPP hypothesis under temporary structural breaks and asymmetric dynamic adjustments," Applied Economics, Taylor & Francis Journals, vol. 52(32), pages 3479-3497, June.
    4. Corina Boar & Simon Mongey, 2020. "Dynamic Trade-offs and Labor Supply Under the CARES Act," NBER Working Papers 27727, National Bureau of Economic Research, Inc.
    5. Abay Mulatu, 2017. "The Structure of UK Outbound FDI and Environmental Regulation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 68(1), pages 65-96, September.
    6. World Bank, 2020. "Global Economic Prospects, January 2020," World Bank Publications - Books, The World Bank Group, number 33044, December.
    7. Łukasz Goczek & Ewa Witkowska & Bartosz Witkowski, 2021. "How Does Education Quality Affect Economic Growth?," Sustainability, MDPI, vol. 13(11), pages 1-22, June.
    8. Galvez, Julio & Gambacorta, Leonardo & Mayordomo, Sergio & Serena, Jose Maria, 2021. "Dollar borrowing, firm credit risk, and FX-hedged funding opportunities," Journal of Corporate Finance, Elsevier, vol. 68(C).
    9. Nawazish Mirza & Birjees Rahat & Krishna Reddy, 2016. "Financial leverage and stock returns: evidence from an emerging economy," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 29(1), pages 85-100, January.
    10. Chiang Kao, 2014. "Efficiency Decomposition in Network Data Envelopment Analysis," International Series in Operations Research & Management Science, in: Wade D. Cook & Joe Zhu (ed.), Data Envelopment Analysis, edition 127, chapter 0, pages 55-77, Springer.
    11. Weingast, Barry R., 1997. "The Political Foundations of Democracy and the Rule of the Law," American Political Science Review, Cambridge University Press, vol. 91(2), pages 245-263, June.
    12. Jan Dvorsky & Jaroslav Belas & Beata Gavurova & Tomas Brabenec, 2021. "Business risk management in the context of small and medium-sized enterprises," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 34(1), pages 1690-1708, January.
    13. Roberto Meurer, 2016. "Portfolio Investment Flows, GDP, and Investment in Brazil," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(12), pages 1-9, December.
    14. Yu, Mengyan & Umair, Muhammad & Oskenbayev, Yessengali & Karabayeva, Zhаnsaya, 2023. "Exploring the nexus between monetary uncertainty and volatility in global crude oil: A contemporary approach of regime-switching," Resources Policy, Elsevier, vol. 85(PB).
    15. Harry Apostoleris & Sgouris Sgouridis & Marco Stefancich & Matteo Chiesa, 2019. "Utility solar prices will continue to drop all over the world even without subsidies," Nature Energy, Nature, vol. 4(10), pages 833-834, October.
    16. Liu, Fang & Umair, Muhammad & Gao, Junjun, 2023. "Assessing oil price volatility co-movement with stock market volatility through quantile regression approach," Resources Policy, Elsevier, vol. 81(C).
    17. Wu, Qihan & Yan, Dong & Umair, Muhammad, 2023. "Assessing the role of competitive intelligence and practices of dynamic capabilities in business accommodation of SMEs," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 1103-1114.
    18. Jeff Tollefson, 2020. "How hot will Earth get by 2100?," Nature, Nature, vol. 580(7804), pages 443-445, April.
    19. World Bank, 2020. "Global Economic Prospects, June 2020," World Bank Publications - Books, The World Bank Group, number 33748, December.
    20. Jonathan Gruber, 2005. "Religious Market Structure, Religious Participation, and Outcomes: Is Religion Good for You?," NBER Working Papers 11377, National Bureau of Economic Research, Inc.
    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. Kai Chen & Yilin Chen, 2024. "Biomass energy and rural development: economic benefits and sustainability pathways," Economic Change and Restructuring, Springer, vol. 57(3), pages 1-34, June.
    2. Liang Cheng, 2024. "Energy transition and the role of circular supply chains: toward resource efficiency and sustainable economic practices," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-19, April.
    3. Xiaodan Zhang, 2024. "Long-term goal: the role of economic transformation and reorganization in the energy transition," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-19, April.
    4. Hadzi-Vaskov Metodij & Pienknagura Samuel & Ricci Luca Antonio, 2023. "The Macroeconomic Impact of Social Unrest," The B.E. Journal of Macroeconomics, De Gruyter, vol. 23(2), pages 917-958, June.
    5. Lo Turco, Alessia & Maggioni, Daniela, 2018. "Effects of Islamic religiosity on bilateral trust in trade: The case of Turkish exports," Journal of Comparative Economics, Elsevier, vol. 46(4), pages 947-965.
    6. Orietta Nicolis & Jean Paul Maidana & Fabian Contreras & Danilo Leal, 2024. "Analyzing the Impact of COVID-19 on Economic Sustainability: A Clustering Approach," Sustainability, MDPI, vol. 16(4), pages 1-30, February.
    7. Lozano, Fernando A., 2012. "What Happened to God's Time? The Evolution of Secularism and Hours of Work in America, Evidence from Religious Holidays," IZA Discussion Papers 6552, Institute of Labor Economics (IZA).
    8. González, Marta Ramos & Ureña, Antonio Partal & Fernández-Aguado, Pilar Gómez, 2023. "Forecasting for regulatory credit loss derived from the COVID-19 pandemic: A machine learning approach," Research in International Business and Finance, Elsevier, vol. 64(C).
    9. Quibria, M.G., 2020. "Poverty and Policy in the Developing World: Before and After the Pandemic," MPRA Paper 104240, University Library of Munich, Germany, revised 15 Oct 2020.
    10. Oosterbeek, Hessel & van der Klaauw, Bas, 2013. "Ramadan, fasting and educational outcomes," Economics of Education Review, Elsevier, vol. 34(C), pages 219-226.
    11. Evelyn Lehrer, 2006. "Religion and high-school graduation: a comparative analysis of patterns for white and black young women," Review of Economics of the Household, Springer, vol. 4(3), pages 277-293, September.
    12. Ștefan Cristian Gherghina & Daniel Ștefan Armeanu & Camelia Cătălina Joldeș, 2020. "Stock Market Reactions to COVID-19 Pandemic Outbreak: Quantitative Evidence from ARDL Bounds Tests and Granger Causality Analysis," IJERPH, MDPI, vol. 17(18), pages 1-35, September.
    13. Marinov, Eduard, 2020. "Новият Шок Covid 19 – Въздействие Върху Международната Търговия На Глобално И Национално Ниво [The new shock COVID 19 - impact on international trade on a global and national level]," MPRA Paper 110921, University Library of Munich, Germany.
    14. Osman Taylan & Abdulaziz S. Alkabaa & Mustafa Tahsin Yılmaz, 2022. "Impact of COVID-19 on G20 countries: analysis of economic recession using data mining approaches," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-30, December.
    15. Gallego Francisco, 2013. "When Does Inter-School Competition Matter? Evidence from the Chilean “Voucher” System," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 13(2), pages 525-562, August.
    16. Abel Brodeur & David Gray & Anik Islam & Suraiya Bhuiyan, 2021. "A literature review of the economics of COVID‐19," Journal of Economic Surveys, Wiley Blackwell, vol. 35(4), pages 1007-1044, September.
    17. Adrian Chadi & Matthias Krapf, 2017. "The Protestant Fiscal Ethic: Religious Confession And Euro Skepticism In Germany," Economic Inquiry, Western Economic Association International, vol. 55(4), pages 1813-1832, October.
    18. Liu, Li-Jing & Yao, Yun-Fei & Liang, Qiao-Mei & Qian, Xiang-Yan & Xu, Chun-Lei & Wei, Si-Yi & Creutzig, Felix & Wei, Yi-Ming, 2021. "Combining economic recovery with climate change mitigation: A global evaluation of financial instruments," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 438-453.
    19. Edward N Muller & Joe A Stone, 2013. "Incentives in Judeo-Christian beliefs: an economist's guide to heaven," Economics Bulletin, AccessEcon, vol. 33(2), pages 1300-1310.
    20. Abdoul’ Ganiou Mijiyawa & Djoulassi K. Oloufade, 2023. "Effect of Remittance Inflows on External Debt in Developing Countries," Open Economies Review, Springer, vol. 34(2), pages 437-470, April.

    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:kap:ecopln:v:57:y:2024:i:2:d:10.1007_s10644-024-09661-6. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.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.