scholarly journals Assessment of Research Collaborations for Improving Intellectual and Economic Performance in Public Renewable Energy R&D

2021 ◽  
Vol 14 (1) ◽  
pp. 57-74
Author(s):  
Dohyoung Kim ◽  
◽  
Sojin Jang ◽  
Sungdo Jung ◽  
Junseok Hwang ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Economic Performance ◽  
Small And Medium Enterprises ◽  
Energy Transition ◽  
Research Collaborations ◽  
Technical Competency ◽  
Collaboration Environment ◽  
Medium Enterprises ◽  
Investment Capacity ◽  
D Investment

Abstract. Public R&D investment in renewable energy has burgeoned at the global level in a concerted effort to expedite energy transition. Unlike traditional energy sources, the renewable energy industry produces a favorable collaboration environment for small and medium enterprises, affecting traits of R&D collaboration in R&D as well. The main purpose of this study is to find relationships between R&D collaboration and intellectual & economic performances in renewable energy R&D. We have analyzed 484 projects completed between 2006 and 2014 in South Korea’s public renewable energy R&D program. We found that university-industry-government research institute collaboration is not the most effective for creating intellectual nor economic performance, interpreting as a necessity in the revision on current UIG collaboration policy. For a leader organization, we found that medium enterprises are the most positively related with economic outcomes, interpreting medium enterprises had as much technical competency and investment capacity as large enterprises. Keywords: R&D, performance measurement, collaboration, renewable energy, triple helix, r&d leader

scholarly journals Can Trade Credit Maintain Sustainable R&D Investment of SMEs? — Evidence from China

2019 ◽  
Vol 11 (3) ◽  
pp. 843 ◽  
Author(s):  
Langzi Chen ◽  
Zhihong Chen ◽  
Jian Li
Keyword(s):  
Developing Countries ◽  
Panel Data ◽  
Propensity Score ◽  
Information Asymmetry ◽  
Financial Constraints ◽  
Trade Credit ◽  
Small And Medium Enterprises ◽  
Medium Enterprises ◽  
D Investment

Due to the long-term nature and information asymmetry, SMEs (Small and Medium Enterprises) experience serious financial constraints that affect their R&D investments. This article examines the effect of trade credit maintaining sustainable R&D investment of SMEs under financial constraints. Using the panel data of Chinese SMEs from 2002–2014, it was found that although the R&D investments of SMEs are restricted by financial constraints, trade credit can maintain the sustainability of enterprises’ R&D investment. Private enterprises are more reliant on trade credit, which can be intensified during periods of monetary tightening. Considering the counterfactual framework and the endogenous problems, the empirical results were also robust when using propensity score matching. To summarize, this article develops a new explanation for maintaining sustainable R&D investment of SMEs under financial constraints in developing countries.

scholarly journals The Impact of Purchasing Group on the Profitability of Companies Operating in the Renewable Energy Sector—The Case of Poland

Energies ◽  
2020 ◽  
Vol 13 (24) ◽  
pp. 6588
Author(s):  
Grzegorz Zimon ◽  
Dominik Zimon
Keyword(s):  
Renewable Energy ◽  
Small And Medium Enterprises ◽  
Energy Sector ◽  
Financial Situation ◽  
Financial Liquidity ◽  
Medium Enterprises ◽  
Purchasing Group ◽  
The Impact ◽  
Research Period ◽  
Positive Effect

Purchasing groups are multi-entity organisations that operate in practically every sector. Their greatest role is to improve the financial situation of small and medium enterprises (SMEs). In the case of enterprises operating in the sectors that are just developing, especially those belonging to SMEs, it is particularly difficult to obtain favourable financial results. In Poland, such sectors include, among others, renewable energy, which is slowly developing, but has not yet reached the size set in climate policy. The purpose of the paper is to present how functioning under group purchasing organisations (GPOs) affects the profitability of companies related to the renewable energy sector. For the example of the largest industry purchasing groups, the analysis showed that high profitability results were achieved by enterprises operating in them compared to entities operating independently in the market. In total, 71 enterprises operating in the sector related to the renewable energy sector in Poland were analysed. The enterprises were divided into units operating in the purchasing groups of 46 enterprises, and those that operate independently in the market of 25 enterprises. The research period covered the years 2016–2019. The analysis showed that the scale effect allowed companies to increase profits and had a positive effect on their financial liquidity. The research proved that in the case of commercial enterprises operating in the sector related to renewable energy, functioning within the industry purchasing group allowed high profitability and financial liquidity. There is a dependency that the liquidity increases with a growth in profitability.

scholarly journals What Drives Senegalese SMEs to Adopt Renewable Energy Technologies? Applying an Extended UTAUT2 Model to a Developing Economy

2021 ◽  
Vol 13 (16) ◽  
pp. 9332
Author(s):  
Dorothee Apfel ◽  
Carsten Herbes
Keyword(s):  
Renewable Energy ◽  
Customer Service ◽  
Developing Economies ◽  
Small And Medium Enterprises ◽  
Qualitative Content Analysis ◽  
Qualitative Interviews ◽  
Government Support ◽  
Adoption Process ◽  
Use Of Technology ◽  
Medium Enterprises

Renewable energy technology (RET) can help small and medium enterprises (SMEs) in developing economies to both meet the need for a stable energy supply and contribute to the fight against climate change. In Senegal, SMEs have the opportunity through RET to become electricity prosumers. Whether it works as such in Senegalese SMEs is one of the questions we were able to address through qualitative interviews with 23 SMEs and 13 experts. Using qualitative content analysis, we examined what factors promote the adoption of RET by these SMEs. We also examined how well the established Unified Theory of Acceptance and Use of Technology model (UTAUT2) can serve as a guiding framework for this type of investigation. We find that effort expectancy is generally underestimated. Performance expectancy, when high, may influence the adoption process positively, while social influence does not seem to play a role. Both SMEs and experts point to customer service and government support for SMEs adopting RET as important facilitating conditions. The cost of RET is another factor influencing the adoption of these technologies. However, we regard the UTAUT2 as only partially helpful for the Senegalese context, due to the informal sector economy in Senegal. This leads us to add the factors knowledge, communication channels and entrepreneurial orientation. Moreover, we question the unequivocally positive notion of prosumerism for African contexts, as the idea draws its motivating power from a Western mindset.

scholarly journals Is E-Learning that important? SMEs Training and Economic Performance

2018 ◽  
Vol 8 (4) ◽  
pp. 278
Author(s):  
Shamim Akhtar ◽  
Yanping Liu ◽  
Youyuan Zheng
Keyword(s):  
Economic Performance ◽  
Small And Medium Enterprises ◽  
Work Force ◽  
Business Environment ◽  
Training Process ◽  
E Learning ◽  
Medium Enterprises ◽  
Efficient Work

Fronting stress from a progressively competitive business environment, enterprises have, over the years, employed trainings in order to have more efficient work force and also to enhance performance. The drive of this study is to ascertain different problems to e-learning that small and medium enterprises faced in their training process and attests, through a case study, how well e-learning could resolve some of many hitches identified. This study also identifies how e-learning can enhance small and medium sized enterprises performance.

scholarly journals SMEs Formal Funding, a Lubricant for Economic Performance: The Nigerian Experience

2020 ◽  
pp. 1-10
Author(s):  
S. Sunday, Ogunbiyi ◽  
O. Chinyere, Onita
Keyword(s):  
Economic Performance ◽  
Unit Root ◽  
Small And Medium Enterprises ◽  
Unit Root Test ◽  
Secondary Data ◽  
Long Run ◽  
Integration Test ◽  
Auto Regressive ◽  
Medium Enterprises ◽  
The Relationship

This study examined the relationship between Small and medium scale enterprises formal sources of funding and economic performance of Nigeria, for the period 1992 to 2018. We adopted secondary data that were sourced from the central bank of Nigeria statistical bulletin. We conducted unit root test, Bound co-integration test and auto regressive distributive lag tests. The tests revealed that, in the long run, Microfinance Banks credit is statistically significant in promoting economic performance of Nigeria. While, Bank of Agriculture credit and bank of industry credit were found not to be statistically significant in promoting Nigeria’s economic performance. However, jointly, credits from the banks studied have a positive relationship with the performance of Nigeria’s economy as represented by the GDP. The study therefore recommends that, access to microfinance credit by SMEs should be sustained, while the relevant agencies should work to improve the relationship between credits by Banks of Agriculture and Industry to Small and Medium Enterprises. 

scholarly journals Small and medium enterprises and eco-innovations: empirical study of Slovak SME´s

2019 ◽  
pp. 89-97 ◽  
Author(s):  
Ľubica Lesakova
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Circular Economy ◽  
Small And Medium Enterprises ◽  
Renewable Energy Sources ◽  
Well Being ◽  
Positive Contribution ◽  
Innovation Activities ◽  
Medium Enterprises ◽  
The Eu

Eco-innovation and green technologies are key to Europe´s future and they are at the heart of the European Union (EU) policies. The EU´s economic prosperity and well being are linked to its natural environment and the global demand for renewable energy and resource-efficient solutions will be a source of new jobs and economic growth in the years to come. As the numerous practical examples from industry demonstrate, eco-innovation is a powerful instrument that combines reduced negative impact on the environment with a positive impact on the economy and society. Eco-innovation call attention to the positive contribution that the small and medium enterprises can make to sustainable development and a competitive economy. To step towards sustainable economic growth, there is a need for much more eco-innovations to appear in small and medium enterprises (SMEs). The aim of the paper is to present the results of empirical research aimed at SME´s involvement in eco-innovation activities in Slovakia and to compare them with the EU 28 average. Our analysis is aimed at five eco-innovation activities contributing deeply to the circular economy. That is a) waste recycling and minimizing waste generation; b) re-planned energy usage to minimize consumption; c) redesigning products and services to minimize the use of materials or using recycled materials; d) changes to the use of water to minimize consumption and to maximize water re-usage; e) usage of renewable energy sources. Identified will be the actual and perceived issues (problems, difficulties) encountered by Slovak SMEs with regard to undertaking eco-innovations. Based on the research results formulated are the implications for SMEs managers and policymakers in Slovakia concerned with the SME´s involvement in ecoinnovation. Our study is qualitative and descriptive in nature and most of the data is based on secondary sources. The data used to assess the SME´s involvement in eco-innovation activities come from the survey commissioned by the EC in the year 2016 with the aim to explore SME´s activities in relation to the circular economy (including the ecoinnovation activities) in the period of years 2014-2016. As to the Slovakia 383 SMEs operating in manufacturing, services and in the industry sector has been interviewed. The methods used in the paper are the methods of causal analysis, deduction, abstraction, comparison as well as synthesis.

scholarly journals Problem pomocy dla małych i średnich przedsiębiorstw w Polsce po akcesji do Unii Europejskiej

2010 ◽  
Vol 6 ◽  
pp. 310-323
Author(s):  
Janina Pach ◽  
Mieczysława Solińska
Keyword(s):  
European Union ◽  
Competition Policy ◽  
Small And Medium Enterprises ◽  
State Aid ◽  
The European Union ◽  
The Common ◽  
Medium Enterprises ◽  
Investment Capacity ◽  
Crucial Condition

Small and medium enterprises (SME) play an important role both in Poland and other countries of the European Union. Their contribution both as a percentage of the total number of enterprises, in general employment and in the production of particular products and gross domestic product confirms their importance for economy.The role of SME in Poland would be greater if the indicator of their activity (which is now below 50%) was higher, and the sustainability of SME’s was improved. Moreover, the crucial condition for enlargement of SME’s importance is the improvement of their investment capacity and increasing expenditure on research and development in this sector. About 50% of entrepreneurs fail to make any investments and do not conduct any research that determine national and international competitiveness. There are many reason for this situation, especially financial limitations, which can be supplemented by state aid. However, there are some restrictions on supporting SME’s by government as a result of the Common European Competition Policy. One of its basic rules is prohibition of state aid that deforms and limits competition, which is a base of economic development. In this situation state aid is allowed only on condition that its implementation does not restrict competition. The size and type, conditions and circumstances of state aid and its duration are precisely stipulated by the regulations.

Sign in / Sign up

Export Citation Format

Share Document