Assessment of the Innovative Potential of Alternative Energy in the Context of the Transition to the Circular Economy

The purpose of this article is to consider the innovative potential of alternative energy at the level of an economic entity in the context of increasing the global significance of the transition to the circular economy. The authors consider the conceptual provisions of the circular economy and...

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Main Authors: Andrey Zaytsev, Nikolay Dmitriev, Dmitriy Rodionov, Tengiz Magradze
Format: Article
Language:English
Published: Universitas Indonesia 2021-12-01
Series:International Journal of Technology
Subjects:
Online Access:https://ijtech.eng.ui.ac.id/article/view/5357
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author Andrey Zaytsev
Nikolay Dmitriev
Dmitriy Rodionov
Tengiz Magradze
author_facet Andrey Zaytsev
Nikolay Dmitriev
Dmitriy Rodionov
Tengiz Magradze
author_sort Andrey Zaytsev
collection DOAJ
description The purpose of this article is to consider the innovative potential of alternative energy at the level of an economic entity in the context of increasing the global significance of the transition to the circular economy. The authors consider the conceptual provisions of the circular economy and the place of alternative energy in it, as well as justify the possibility of increasing the level of innovation through the implementation of "clean" energy development programs. As an assessment of the innovative potential of alternative energy at the level of an economic entity, the authors propose an integral model that takes into account the specified parameters of innovation. To adapt the idea, the authors chose the enterprise management level, since it is at this level that the greatest innovative activity which can affect the diffusion of "circular" innovations is manifested. The article proposes to analyze the economic entities who implement recycling for the further production of energy resources. For the parametric integral assessment, the weighting coefficients of the key performance indicators were set. The analysis of the number of companies revealed a strong correlation between the integral indicator of innovation potential and the level of circular energy efficiency.
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spelling doaj.art-91fff07167684d0db2736844633ed40b2023-01-02T00:24:50ZengUniversitas IndonesiaInternational Journal of Technology2086-96142087-21002021-12-011271328133810.14716/ijtech.v12i7.53575357Assessment of the Innovative Potential of Alternative Energy in the Context of the Transition to the Circular EconomyAndrey Zaytsev0Nikolay Dmitriev1Dmitriy Rodionov2Tengiz Magradze3Peter the Great St.Petersburg Polytechnic University, St.Petersburg, Polytechnicheskaya, 29, 195251,Peter the Great St.Petersburg Polytechnic University, St.Petersburg, Polytechnicheskaya, 29, 195251,Peter the Great St.Petersburg Polytechnic University, St.Petersburg, Polytechnicheskaya, 29, 195251,Georgian Technical University, 77, M. Kostava Street, Tbilisi 0171, GeorgiaThe purpose of this article is to consider the innovative potential of alternative energy at the level of an economic entity in the context of increasing the global significance of the transition to the circular economy. The authors consider the conceptual provisions of the circular economy and the place of alternative energy in it, as well as justify the possibility of increasing the level of innovation through the implementation of "clean" energy development programs. As an assessment of the innovative potential of alternative energy at the level of an economic entity, the authors propose an integral model that takes into account the specified parameters of innovation. To adapt the idea, the authors chose the enterprise management level, since it is at this level that the greatest innovative activity which can affect the diffusion of "circular" innovations is manifested. The article proposes to analyze the economic entities who implement recycling for the further production of energy resources. For the parametric integral assessment, the weighting coefficients of the key performance indicators were set. The analysis of the number of companies revealed a strong correlation between the integral indicator of innovation potential and the level of circular energy efficiency.https://ijtech.eng.ui.ac.id/article/view/5357alternative energycircular economyinnovative potentialinnovative energyinnovative developmentrenewable energy
spellingShingle Andrey Zaytsev
Nikolay Dmitriev
Dmitriy Rodionov
Tengiz Magradze
Assessment of the Innovative Potential of Alternative Energy in the Context of the Transition to the Circular Economy
International Journal of Technology
alternative energy
circular economy
innovative potential
innovative energy
innovative development
renewable energy
title Assessment of the Innovative Potential of Alternative Energy in the Context of the Transition to the Circular Economy
title_full Assessment of the Innovative Potential of Alternative Energy in the Context of the Transition to the Circular Economy
title_fullStr Assessment of the Innovative Potential of Alternative Energy in the Context of the Transition to the Circular Economy
title_full_unstemmed Assessment of the Innovative Potential of Alternative Energy in the Context of the Transition to the Circular Economy
title_short Assessment of the Innovative Potential of Alternative Energy in the Context of the Transition to the Circular Economy
title_sort assessment of the innovative potential of alternative energy in the context of the transition to the circular economy
topic alternative energy
circular economy
innovative potential
innovative energy
innovative development
renewable energy
url https://ijtech.eng.ui.ac.id/article/view/5357
work_keys_str_mv AT andreyzaytsev assessmentoftheinnovativepotentialofalternativeenergyinthecontextofthetransitiontothecirculareconomy
AT nikolaydmitriev assessmentoftheinnovativepotentialofalternativeenergyinthecontextofthetransitiontothecirculareconomy
AT dmitriyrodionov assessmentoftheinnovativepotentialofalternativeenergyinthecontextofthetransitiontothecirculareconomy
AT tengizmagradze assessmentoftheinnovativepotentialofalternativeenergyinthecontextofthetransitiontothecirculareconomy