Developing Ecologic Spin-Offs: Strategic Option for Achieving Performance in Energy Industries

Iulia Chivu, Oana Ţăpurică () and Florin Tache ()
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Iulia Chivu: The Bucharest Academy of Economic Studies, Romania

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2011, vol. 12, issue 6, 179-187

Abstract: The paper aims to emphasize the usefulness of applying an emergent concept in the economic literature (the ecologic spin-off) as main instrument for restructuring the national energy industry, under the circumstances of the increasing pressures provided both by the national and international environment, focused either upon the greenhouse gas emissions reduction or upon the active promotion of energy efficiency principles. The article highlights the fact that the mere existence of an energy market, assumed to operate similar to capital markets, where are supposed to be traded green certificates, may prove inefficient unless rigorous mechanisms for guiding the transition from the classic organization structure of the energy industry towards a new, modern and competitive organization model are being developed. In this context, the ecologic spinoffs may prove to be a main strategic option for ensuring the development of a competitive and efficient energy industry, very similar to the energy industries operating within most of the European Union member countries.

Keywords: spin-off; ecologic spin-off; energy sector; strategy; performance; efficiency; competitiveness. (search for similar items in EconPapers)
JEL-codes: L19 Q42 Q52 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:12:y:2011:i:6:p:179-187

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