Exploring Precursors of Renewable Energy Portfolio Diversification Using TPB
Renewable energy is produced from natural sources that can regenerate quickly, such as the sun, wind, water, biomass and the earth’s heat. This implies that the resources used do not have a significant negative impact on the environment, which aligns with current concerns for protecting the planet a...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2023-09-01
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| Series: | Energies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1996-1073/16/18/6714 |
| _version_ | 1797580345459081216 |
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| author | Oana-Daniela Lupoae Riana Iren Radu Alexandru Capatina Violeta Maria Isai Nicoleta Bărbuță-Mișu |
| author_facet | Oana-Daniela Lupoae Riana Iren Radu Alexandru Capatina Violeta Maria Isai Nicoleta Bărbuță-Mișu |
| author_sort | Oana-Daniela Lupoae |
| collection | DOAJ |
| description | Renewable energy is produced from natural sources that can regenerate quickly, such as the sun, wind, water, biomass and the earth’s heat. This implies that the resources used do not have a significant negative impact on the environment, which aligns with current concerns for protecting the planet and ecosystems. This study aims to explore the behavior of entrepreneurs regarding the processing of resources that can be introduced in the circular economy and the development of the renewable energy portfolio by transforming horse manure into bioenergy. Employing Structural Equation Modeling (PLS-SEM) and based on an extensive dataset comprising 104 responses from entrepreneurs engaged in or aspiring to participate in the renewable energy sector, this research reveals a noteworthy finding. Contrary to prevailing expectations, it demonstrates that the perceived interest in safeguarding future resources and the environment among these entrepreneurs is currently low. This study not only enriches the understanding of entrepreneurial behavior within the renewable energy domain but also extends the Theory of Planned Behavior. In doing so, it underscores the critical significance of sustainability factors as drivers of future business development and underscores the need for comprehensive policy initiatives that compel greater commitment to renewable energy and circular economy practices. |
| first_indexed | 2024-03-10T22:49:43Z |
| format | Article |
| id | doaj.art-dd8d4125d3d242d39749120d23cd9486 |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-10T22:49:43Z |
| publishDate | 2023-09-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-dd8d4125d3d242d39749120d23cd94862023-11-19T10:29:02ZengMDPI AGEnergies1996-10732023-09-011618671410.3390/en16186714Exploring Precursors of Renewable Energy Portfolio Diversification Using TPBOana-Daniela Lupoae0Riana Iren Radu1Alexandru Capatina2Violeta Maria Isai3Nicoleta Bărbuță-Mișu4Department of Business Administration, “Dunarea de Jos” University of Galati, 800008 Galați, RomaniaDepartment of Business Administration, “Dunarea de Jos” University of Galati, 800008 Galați, RomaniaDepartment of Business Administration, “Dunarea de Jos” University of Galati, 800008 Galați, RomaniaDepartment of Business Administration, “Dunarea de Jos” University of Galati, 800008 Galați, RomaniaDepartment of Business Administration, “Dunarea de Jos” University of Galati, 800008 Galați, RomaniaRenewable energy is produced from natural sources that can regenerate quickly, such as the sun, wind, water, biomass and the earth’s heat. This implies that the resources used do not have a significant negative impact on the environment, which aligns with current concerns for protecting the planet and ecosystems. This study aims to explore the behavior of entrepreneurs regarding the processing of resources that can be introduced in the circular economy and the development of the renewable energy portfolio by transforming horse manure into bioenergy. Employing Structural Equation Modeling (PLS-SEM) and based on an extensive dataset comprising 104 responses from entrepreneurs engaged in or aspiring to participate in the renewable energy sector, this research reveals a noteworthy finding. Contrary to prevailing expectations, it demonstrates that the perceived interest in safeguarding future resources and the environment among these entrepreneurs is currently low. This study not only enriches the understanding of entrepreneurial behavior within the renewable energy domain but also extends the Theory of Planned Behavior. In doing so, it underscores the critical significance of sustainability factors as drivers of future business development and underscores the need for comprehensive policy initiatives that compel greater commitment to renewable energy and circular economy practices.https://www.mdpi.com/1996-1073/16/18/6714renewable energyhorse manuresustainable entrepreneurshipbioenergythe theory of planned behaviorcircular economy |
| spellingShingle | Oana-Daniela Lupoae Riana Iren Radu Alexandru Capatina Violeta Maria Isai Nicoleta Bărbuță-Mișu Exploring Precursors of Renewable Energy Portfolio Diversification Using TPB Energies renewable energy horse manure sustainable entrepreneurship bioenergy the theory of planned behavior circular economy |
| title | Exploring Precursors of Renewable Energy Portfolio Diversification Using TPB |
| title_full | Exploring Precursors of Renewable Energy Portfolio Diversification Using TPB |
| title_fullStr | Exploring Precursors of Renewable Energy Portfolio Diversification Using TPB |
| title_full_unstemmed | Exploring Precursors of Renewable Energy Portfolio Diversification Using TPB |
| title_short | Exploring Precursors of Renewable Energy Portfolio Diversification Using TPB |
| title_sort | exploring precursors of renewable energy portfolio diversification using tpb |
| topic | renewable energy horse manure sustainable entrepreneurship bioenergy the theory of planned behavior circular economy |
| url | https://www.mdpi.com/1996-1073/16/18/6714 |
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