Key elements of an entrepreneurial (business) model in the biogas sector. Insights from Romania

Author:

Clodnițchi Roxana1,Nedelcu Alexandra Cătălina1

Affiliation:

1. The Bucharest University of Economic Studies, Faculty of Business Administration in Foreign Languages, Bucharest , Romania

Abstract

Abstract The current volatile economic environment and the evermore shorter technology cycles impact the way business is done today, especially in an emerging field like the renewable energy sector. Business modelling proves itself as an instrument, which may impact decisively the success or failure of a business. The aim of this article is to identify and present the key elements defining entrepreneurial models in the renewable energy field, as resulted from a synthesis of the recent literature available in journals indexed in international databases of mainstream publications about business models and entrepreneurial models as well as from empirical research performed in the past five years. The research result consists in a systematisation on past approaches on business modelling and the development and adaptation of the entrepreneurial model’s definition specific for the biogas sector.

Publisher

Walter de Gruyter GmbH

Subject

General Earth and Planetary Sciences,General Environmental Science

Reference21 articles.

1. Clodnițchi, R. (2017a). A Critical Synthesis of Scientific Research on Business Models and Business Model Components, Management and Economics Review, 4(2), 297-307.

2. Clodnițchi, R. (2017b). Paradigm Shift from “Business Model” to “Entrepreneurial Model”, Proceedings of the 11th International Management Conference “The Role of Management in the Economic Paradigm of the XXIst Century”, 778-793, November 2nd-4th, 2017, Bucharest, Romania.

3. Dima, A.M., Vasilache, S. (2016). Credit Risk modeling for Companies Default Prediction using Neural Networks, Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), 127-143.

4. Ericsson, K., Nikoleris, A., Nilsson, L.J. (2013). The Biogas Value Chains in the Swedish Region of Skåne. TOP-NEST, Project number RD 2011-42. Nordic Energy Research.

5. European Commission (2009). Directive 2009/28/EC. On the Promotion of the Use of Energy from Renewable Sources and Amending and Subsequently Repealing Directives 2001/77/EC and 2003/30/EC. OJEU, pp. 16-62. L 140 (23.04.2009).

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