Internationalization of renewable energy base businesses with a combined approach to networking and collaborative competition
The global transition towards renewable energy sources necessitates the internationalization of renewable energy businesses to effectively address the growing demand and capitalize on emerging market opportunities. However, lacking a robust operational model tailored specifically to this field poses...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2024-03-01
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| Series: | Results in Engineering |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2590123023008538 |
| _version_ | 1797247768496963584 |
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| author | Elahe Meygoonpoury Mohammadreza Kabaranzad Ghadim Zaman Ziabakhsh-Ganji |
| author_facet | Elahe Meygoonpoury Mohammadreza Kabaranzad Ghadim Zaman Ziabakhsh-Ganji |
| author_sort | Elahe Meygoonpoury |
| collection | DOAJ |
| description | The global transition towards renewable energy sources necessitates the internationalization of renewable energy businesses to effectively address the growing demand and capitalize on emerging market opportunities. However, lacking a robust operational model tailored specifically to this field poses considerable challenges. Addressing these gaps, this study presents a powerful framework that combines networking and collaborative competition strategies to facilitate the international expansion of renewable energy businesses.Through a questionnaire survey of 70 managers from energy companies with export experience, the collected data was analyzed using the partial least squares test. The findings demonstrate the significant impact of networking and collaborative competition on key factors such as entrepreneurial opportunity, competition motivation, and existing renewable energy technologies. Moreover, the model highlights the significance of partnerships, alliances, and cooperative ventures in fostering cross-border collaboration and overcoming market entry barriers. The implications of this research contribute to the theoretical understanding of internationalization strategies in the renewable energy domain and provide practical guidance for renewable energy entrepreneurs and policy-makers seeking to navigate the complex dynamics of the global marketplace. Ultimately, this model offers a comprehensive framework that enables renewable energy-based businesses to thrive in an increasingly interconnected and competitive international landscape. |
| first_indexed | 2024-03-08T18:11:58Z |
| format | Article |
| id | doaj.art-cd2c5afae7c74175a54360fb2fc7beb6 |
| institution | Directory Open Access Journal |
| issn | 2590-1230 |
| language | English |
| last_indexed | 2024-04-24T20:03:57Z |
| publishDate | 2024-03-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Results in Engineering |
| spelling | doaj.art-cd2c5afae7c74175a54360fb2fc7beb62024-03-24T07:00:23ZengElsevierResults in Engineering2590-12302024-03-0121101726Internationalization of renewable energy base businesses with a combined approach to networking and collaborative competitionElahe Meygoonpoury0Mohammadreza Kabaranzad Ghadim1Zaman Ziabakhsh-Ganji2Corresponding author.; Department of Management, Islamic Azad University, Central Tehran Branch, Tehran, IranCorresponding author.; Department of Management, Islamic Azad University, Central Tehran Branch, Tehran, IranDepartment of Management, Islamic Azad University, Central Tehran Branch, Tehran, IranThe global transition towards renewable energy sources necessitates the internationalization of renewable energy businesses to effectively address the growing demand and capitalize on emerging market opportunities. However, lacking a robust operational model tailored specifically to this field poses considerable challenges. Addressing these gaps, this study presents a powerful framework that combines networking and collaborative competition strategies to facilitate the international expansion of renewable energy businesses.Through a questionnaire survey of 70 managers from energy companies with export experience, the collected data was analyzed using the partial least squares test. The findings demonstrate the significant impact of networking and collaborative competition on key factors such as entrepreneurial opportunity, competition motivation, and existing renewable energy technologies. Moreover, the model highlights the significance of partnerships, alliances, and cooperative ventures in fostering cross-border collaboration and overcoming market entry barriers. The implications of this research contribute to the theoretical understanding of internationalization strategies in the renewable energy domain and provide practical guidance for renewable energy entrepreneurs and policy-makers seeking to navigate the complex dynamics of the global marketplace. Ultimately, this model offers a comprehensive framework that enables renewable energy-based businesses to thrive in an increasingly interconnected and competitive international landscape.http://www.sciencedirect.com/science/article/pii/S2590123023008538RegressionNetworkingRenewable energy marketsInternationalizationEnergy-tech small medium enterprise (SME) |
| spellingShingle | Elahe Meygoonpoury Mohammadreza Kabaranzad Ghadim Zaman Ziabakhsh-Ganji Internationalization of renewable energy base businesses with a combined approach to networking and collaborative competition Results in Engineering Regression Networking Renewable energy markets Internationalization Energy-tech small medium enterprise (SME) |
| title | Internationalization of renewable energy base businesses with a combined approach to networking and collaborative competition |
| title_full | Internationalization of renewable energy base businesses with a combined approach to networking and collaborative competition |
| title_fullStr | Internationalization of renewable energy base businesses with a combined approach to networking and collaborative competition |
| title_full_unstemmed | Internationalization of renewable energy base businesses with a combined approach to networking and collaborative competition |
| title_short | Internationalization of renewable energy base businesses with a combined approach to networking and collaborative competition |
| title_sort | internationalization of renewable energy base businesses with a combined approach to networking and collaborative competition |
| topic | Regression Networking Renewable energy markets Internationalization Energy-tech small medium enterprise (SME) |
| url | http://www.sciencedirect.com/science/article/pii/S2590123023008538 |
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