Antecedents of Creating Business Models in the Field of Renewable Energy Based on the Concept of the New Age of Innovation

Jan Brzóska, Lilla Knop, Monika Odlanicka-Poczobutt and Dagmara K. Zuzek
Additional contact information
Jan Brzóska: Department of Organization and Management, Silesian University of Technology, 44-100 Gliwice, Poland
Lilla Knop: Department of Organization and Management, Silesian University of Technology, 44-100 Gliwice, Poland
Monika Odlanicka-Poczobutt: Department of Organization and Management, Silesian University of Technology, 44-100 Gliwice, Poland
Dagmara K. Zuzek: Department of Economics and Food Economy, Agricultural University in Krakow, 31-120 Kraków, Poland

Energies, 2022, vol. 15, issue 15, 1-25

Abstract: The purpose of this paper is to identify the antecedence of business models for the renewable energy sector, characterise their concepts and structure, and assess the importance of innovation in the creation of value for the customer and for the business in the examined business models. According to the concept of K. Prahalad and M. S. Krishnan, an operational business model consists of three basic components. The first two are social architecture and technical architecture that represent specific resources. The third component comprises business processes. The operating business model according to the principles of the New Era of Innovation was used. The business models were presented as case studies of the following: a photovoltaic farm, a passive building and a local (communal) biogas plant. A desk research method was employed as well as triangulation of the research methods of non-participant observation, unstructured interview and business documentation review, in order to develop the case studies. The identification of antecedents for business models in renewable energy generation allows the argument that the business model can be treated as a system for the configuration of resources and interdependent activities, emphasising the role of the configuration of tangible and intangible elements. As the presented business models have been active for a relatively limited time, changes in competence and human capital attitudes, as well as social acceptance for those models, are not examined here. The absence of the upper and lower performance limit of the optimisation algorithm, or system variables, may be an interesting area for further research.

Keywords: renewable energy; business models; The New Age of Innovation; sustainability development (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/1996-1073/15/15/5511/pdf (application/pdf)
https://www.mdpi.com/1996-1073/15/15/5511/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:15:y:2022:i:15:p:5511-:d:875487

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().