LAPSE:2023.25406
Published Article
LAPSE:2023.25406
Examining the Role of Disruptive Innovation in Renewable Energy Businesses from a Cross National Perspective
Hokey Min, Yohannes Haile
March 28, 2023
With a growing demand for safe, clean, and affordable energy, countries across the world are now seeking to create and rapidly develop renewable energy (RE) businesses. The success of these businesses often hinges on their ability to translate RE into sustainable value for energy consumers and the multiple stakeholders in the energy industry. Such value includes low production costs due to an abundance of natural resources (e.g., wind, water, sunlight), and public health benefits from reduced environmental pollution. Despite the potential for value creation, many RE businesses have struggled to create affordable energy as abundant as that which is produced by traditional fossil fuels. The rationale being that traditional RE sources emanating from natural resources tend to rely on unpredictable weather conditions. Therefore, to help RE businesses deliver sustainable value, we should leverage disruptive innovation that is less dependent on natural resources. This paper is one of the first attempts to assess the impact of disruptive innovation on RE business performances based on the survey data obtained from multiple countries representing both emerging and developed economies.
Keywords
cross cultural study, disruptive innovation, moderated mediation analysis, Renewable and Sustainable Energy, Renewable and Sustainable Energy, structural equation model
Suggested Citation
Min H, Haile Y. Examining the Role of Disruptive Innovation in Renewable Energy Businesses from a Cross National Perspective. (2023). LAPSE:2023.25406
Author Affiliations
Min H: Maurer Center 312, Department of Management, Schmidthorst College of Business, Bowling Green State University, Bowling Green, OH 43403, USA 2 281 Burke Center, Sam and Irene Black School of Business & School of Engineering, Penn State-The Behrend College,
Haile Y: 281 Burke Center, Sam and Irene Black School of Business & School of Engineering, Penn State-The Behrend College, Erie, PA 16563, USA
Journal Name
Energies
Volume
14
Issue
15
First Page
4447
Year
2021
Publication Date
2021-07-23
Published Version
ISSN
1996-1073
Version Comments
Original Submission
Other Meta
PII: en14154447, Publication Type: Journal Article
Record Map
Published Article

LAPSE:2023.25406
This Record
External Link

doi:10.3390/en14154447
Publisher Version
Download
Files
[Download 1v1.pdf] (1.2 MB)
Mar 28, 2023
Main Article
License
CC BY 4.0
Meta
Record Statistics
Record Views
64
Version History
[v1] (Original Submission)
Mar 28, 2023
 
Verified by curator on
Mar 28, 2023
This Version Number
v1
Citations
Most Recent
This Version
URL Here
https://psecommunity.org/LAPSE:2023.25406
 
Original Submitter
Auto Uploader for LAPSE
Links to Related Works
Directly Related to This Work
Publisher Version