RETRACTED ARTICLE: Fostering social innovation in the energy transition: entrepreneurial solutions for a sustainable economy

Xiaoxiao Wu, Hongfu Chen (), Ying Qian and Quanyong Lei
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Xiaoxiao Wu: Yancheng Teachers University
Hongfu Chen: Yancheng Teachers University
Ying Qian: Yancheng Teachers University
Quanyong Lei: Yancheng Teachers University

Economic Change and Restructuring, 2024, vol. 57, issue 2, No 62, 19 pages

Abstract: 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.

Keywords: Sustainable economy; Social innovation; Energy transition; Renewable energy (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s10644-024-09661-6

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