scholarly journals Social and Economic Value in Emerging Decentralized Energy Business Models: A Critical Review

Energies ◽  
2021 ◽  
Vol 14 (23) ◽  
pp. 7864
Author(s):  
Sophie Adams ◽  
Donal Brown ◽  
Juan Pablo Cárdenas Álvarez ◽  
Ruzanna Chitchyan ◽  
Michael J. Fell ◽  
...  
Keyword(s):  
Business Models ◽  
Economic Value ◽  
Social Value ◽  
Willingness To Participate ◽  
Export Prices ◽  
Participant Engagement ◽  
Trade Offs ◽  
Value Propositions ◽  
Energy Independence ◽  
Decentralized Energy

In recent years, numerous studies have explored the opportunities and challenges for emerging decentralized energy systems and business models. However, few studies have focussed specifically on the economic and social value associated with three emerging models: peer-to-peer energy trading (P2P), community self-consumption (CSC) and transactive energy (TE). This article presents the findings of a systematic literature review to address this gap. The paper makes two main contributions to the literature. Firstly, it offers a synthesis of research on the social and economic value of P2P, CSC and TE systems, concluding that there is evidence for a variety of sources of social value (including energy independence, local benefits, social relationships, environmental responsibility and participation and purpose) and economic value (including via self-consumption of renewable electricity, reduced electricity import costs, and improved electricity export prices). Secondly, it identifies factors and conditions necessary for the success of these models, which include willingness to participate, participant engagement with technology, and project engagement of households and communities, among other factors. Finally, it discusses conflicts and trade-offs in the value propositions of the models, how the three models differ from one another in terms of the value they aim to deliver and some of the open challenges that require further attention by researchers and practitioners.

Business models impacting social change in violent and poverty-stricken neighbourhoods: A case study in Colombia

2016 ◽  
Vol 35 (4) ◽  
pp. 427-448 ◽  
Author(s):  
Martine Hlady Rispal ◽  
Vinciane Servantie
Keyword(s):  
Social Change ◽  
Social Entrepreneurship ◽  
Business Models ◽  
Social Value ◽  
Longitudinal Case Study ◽  
Community Based ◽  
The Social ◽  
Innovative Solutions ◽  
Value Propositions

The business model (BM) – a representation of a venture’s core logic for creating value – is an emergent construct of interest in social entrepreneurship research. While the BM concept is normally associated with financial objectives, socio-entrepreneurial BMs are uniquely identifiable by their social value propositions, by their intended target markets and by the projected social change. Drawing from a longitudinal case study of a Colombian foundation, we outline the characteristics of socio-entrepreneurial BMs. We analyse the entrepreneurial process behind the implementation of a BM that draws on communitarian innovative solutions that benefit the excluded and, ultimately, society at large. Focusing on the question of how socio-entrepreneurial BMs progressively evolve to produce social change, we examine the BM of a successful socio-entrepreneurial venture that exhibits the conditions of social change. Our findings show that the social value proposition, the entrepreneur’s passion for social change and a community-based network are decisive factors.

scholarly journals A Study on Employer Branding in Seed Sector in Tamil Nadu

2020 ◽  
pp. 1-10
Author(s):  
A. Anjali ◽  
S. D. Sivakumar ◽  
S. Hemalatha ◽  
P. Selvaraju
Keyword(s):  
Turnover Intention ◽  
Tamil Nadu ◽  
Economic Value ◽  
Social Value ◽  
Willingness To Participate ◽  
Employer Branding ◽  
New Employees ◽  
Ordinal Logistic Regression Analysis ◽  
The Right ◽  
The Relationship

As an agricultural country, seed sector is one among the important segments in India. In this competitive world, hiring and retaining talent is tough. Attracting the key talent to the right position can be pretty much impossible without solid employer brand. At present, turnover intention of employees is the universal problem that haunts the organization. The present study investigated the relationship between dimensions of employer branding (social value, interest value, application value, economic value and development value) and turnover intention of employees working in Tamil Nadu seed companies. According to the survey conducted by Indian Seed Market for the year 2019, five seed companies were selected based on the respondent’s willingness to participate in the study. The participants were contacted through online. Google forms were sent to 390 respondents via mail and 150 usable responses were collected. Survey was conducted from March 2020 to June 2020. Ordinal logistic regression analysis was done to assess the relationship between employer branding and turnover intention. The results showed that employer branding dimensions such as social value, interest value, development value was significantly negative to turnover intention, whereas application value and economic value showed non-significant relation. Hence, the study revealed that increase in employer branding resulted in lower turnover intention. Lower turnover rate further lead to reduction in hiring and training cost for new employees and thereby would increase organization’s profitability.

scholarly journals Business Models of Social Enterprises: Insight into Key Components and Value Creation

2021 ◽  
Vol 13 (22) ◽  
pp. 12750
Author(s):  
Petra C. M. Neessen ◽  
Cosmina L. Voinea ◽  
Els Dobber
Keyword(s):  
Business Model ◽  
Financial Management ◽  
Business Models ◽  
Mission Statement ◽  
Economic Value ◽  
Case Study Research ◽  
Social Enterprises ◽  
Social Value ◽  
Social Entrepreneurs ◽  
The One

The increasing pressure on people to do something for society, in combination with the need for financial turnover in order to survive, is seen as one of the dominant factors for the rise of social enterprises. However, there is still debate on how social enterprises create social value in addition to economic value and how this is reflected in the business model. In this case study research, we investigate how the key components of the business model of social enterprises contribute to the creation of social and economic value. The cases in this research create social and economic value through the mutually interacting operation of key components and their sub-components. This interacting effect focuses on the one hand on the alignment of the internal architecture, market and financial management with the mission. The mission statement serves as a guiding principle. Furthermore, realizing the highest possible profit is not a goal in itself for social entrepreneurs. Generating profit serves the continuity of the company and the realization of social value. We also found that social enterprises can be configured as either market hybrids, blending hybrids, bridging hybrids or coupling hybrids.

scholarly journals Regional Electricity Models for Community Energy in Germany: The Role of Governance Structures

2021 ◽  
Vol 13 (4) ◽  
pp. 2241
Author(s):  
Moritz Ehrtmann ◽  
Lars Holstenkamp ◽  
Timon Becker
Keyword(s):  
Renewable Energy ◽  
Business Models ◽  
Energy Transition ◽  
Governance Structures ◽  
Business Networks ◽  
Sustainable Innovation ◽  
Value Propositions ◽  
Energy Companies ◽  
Desk Research

Community energy actors play an important role in the energy transition, fostering the diffusion of sustainable innovation in the renewable energy market. Because market conditions for business models in the renewable energy sector are changing and feed-in-tariff (FiT) schemes expiring, community energy companies are in the process of innovating their business models. In recent years, several community energy companies in Germany have entered the electricity retail market selling locally generated electricity from their renewable energy installations to customers in their region. We explore the evolving regional electricity business models for community energy companies in Germany, related governance structures, and the role they play for a sustainable energy transition. In order to implement these complex business models, community energy companies cooperate with professional marketing partners (intermediaries), which are capable of taking over the tasks and obligations of electricity suppliers. Through a series of expert interviews and desk research, we identify three distinctive regional electricity business models and examine opportunities and challenges to their implementation. Results show that there are different forms of cooperation, leading to specific governance structures and creating a set of new value propositions. Through these forms of cooperation, business networks emerge, which can function as incubators for sustainable innovation and learning for the post-FiT era.

scholarly journals The Social Balance Sheet as Part of the Annual Report in Financial Institutions. A Case Study: Banco Bilbao Vizcaya Argentaria (BBVA)

2021 ◽  
Vol 13 (6) ◽  
pp. 3075
Author(s):  
Miguel Ángel Martín Valmayor ◽  
Beatriz Duarte Monedero ◽  
Luis A. Gil-Alana
Keyword(s):  
Annual Report ◽  
Economic Value ◽  
Balance Sheet ◽  
Value Added ◽  
Social Value ◽  
Economic Value Added ◽  
The Social ◽  
Social Balance ◽  
Corporate Social

In this paper, we examine the concept of the social balance sheet (SBS) and its evolution in corporate social reports that large companies have to issue today in their yearly statements. The SBS allows companies to evaluate their compliance with corporate social responsibility during a specific period and quantify its level of accomplishment. From a methodological perspective, this research analyzed the information that should be contained in the SBS report comparing economic value added (EVA) with other social value added statements (SVA), analyzing also in detail the case of Spain’s Banco Bilbao Vizcaya Argentaria (BBVA) bank as one of the pioneers in offering social reports. Along with this study, their metrics following EVA were recalculated and a more academic SVA statement was proposed for this specific case.

Assessing universities’ social sustainability: accounting for stakeholder value

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Silvia Ayuso ◽  
Xavier Carbonell ◽  
Laia Serradell
Keyword(s):  
Higher Education ◽  
Sustainability Assessment ◽  
Economic Value ◽  
Social Sustainability ◽  
Social Value ◽  
Financial Accounting ◽  
Content Type ◽  
Social Challenges ◽  
The Social ◽  
Sustainability Principles

Purpose The purpose of this paper is to assess higher education institutions’ (HEIs) social sustainability by applying Integrated Social Value (ISV) analysis to eight universities belonging to the Catalan Association of Public Universities in Spain. Design/methodology/approach ISV analysis is a social accounting methodology that considers both the economic value and the social value created for all the organisation’s stakeholders through a participatory and systematic process. Findings The authors have shown that ISV analysis can be effective to assess the impacts on social sustainability of HEIs. The monetised results facilitate understanding about the valued impacts and allow integration with the universities’ financial data. Research limitations/implications The research advances the under-researched topic of social sustainability assessment in higher education. Practical implications Quantifying universities’ social impacts in monetary terms may help to transform conventional financial accounting and improve HEIs’ internal strategy and management according to sustainability principles. Social implications The process of measuring the social value created by universities provides a way to meet the rising demands for greater accountability and transparency and facilitates engagement with stakeholders on how these institutions are contributing to sustainable development. Originality/value ISV analysis represents an innovative approach to assess how HEIs create benefits for its internal and external stakeholders and contribute to solutions to social challenges.

Alternatives to solve SDG trade-offs and to enforce SDG synergies: a systematic literature review

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Andrei Boar ◽  
Erola Palau Pinyana ◽  
Marc Oliveras-Villanueva
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Business Models ◽  
Economic Models ◽  
Clean Energy ◽  
Content Type ◽  
Trade Offs

PurposeThis paper takes a critical view of synergies and trade-offs and discloses the practices that countries and companies should apply to achieve sustainable development.Design/methodology/approachThis paper offers a systematic literature review of 408 papers to find models of sustainable development goals (SDGs) interaction with the aim of shedding light on the existing synergies and trade-offs and finding solutions to enhance these synergies and minimize the trade-offs.FindingsBoth rich and developing countries should follow multiple strategies to improve the quality of life of their citizens. Developing countries should focus on eradicating poverty. Rich countries should apply new economic models that are more likely to be environmental-friendly. Finally, the topic of SDGs should be revisited by the United Nations.Practical implicationsBoosting the quality of education and providing clean energy are two of the most relevant actions that should to be taken by countries, as they will accelerate the fulfilment of all the other SDGs. The use of circular economic models or new business models, such as the sharing economy, is essential to the achievement of sustained economic growth without negative environmental impact.Originality/valueThe paper analyzes SDG interactions and offers a critical vision of practices that countries and companies should adhere to for achieving sustainable development.

scholarly journals The Moderating Effect of Social Innovation in Perspectives of Shared Value Creation in the Educational Sector of Ghana

2018 ◽  
Vol 10 (11) ◽  
pp. 4216 ◽  
Author(s):  
Wenyuan Li ◽  
Mohammed Abubakari Sadick ◽  
Abdul-Aziz Ibn Musah ◽  
Salisu Mustapha
Keyword(s):  
Value Creation ◽  
Social Innovation ◽  
Economic Value ◽  
Social Value ◽  
Survey Study ◽  
Shared Value ◽  
Study Results ◽  
Social Value Creation ◽  
The Creation ◽  
Moderating Role

This paper presents a survey study of how social innovation moderates social and economic value from the perspective of shared value creation. Specifically, the study addresses the following questions: Does economic value lead to social value creation in shared value creation? Does social innovation moderate social and economic value in the creation of shared value? The questions are addressed through an empirical investigation of 250 social enterprise organizations that apply social objectives and a market-based approach to attain social and economic goals in Ghana. The study used SmartPLS software version 3.0 to evaluate the data collected. The results indicated that economic value influences the creation of social value in shared value creation. Study results also revealed that social innovation is a driver of shared value creation via social value in the educational sector of Ghana. However, social innovation could not play a moderating role in economic value to shared value creation.

scholarly journals The Economic Value of Digital Earth

2019 ◽  
pp. 623-643 ◽  
Author(s):  
Max Craglia ◽  
Katarzyna Pogorzelska
Keyword(s):  
Common Good ◽  
Economic Value ◽  
Open Data ◽  
Earth Observation ◽  
Economic Approach ◽  
Scarce Resources ◽  
Digital Earth ◽  
Trade Offs ◽  
The Common ◽  
Definition Of

Abstract In this chapter, we approach the economic value of Digital Earth with a broad definition of economic value, i.e., the measure of benefits from goods or services to an economic agent and the trade-offs the agent makes in view of scarce resources. The concept of Digital Earth has several components: data, models, technology and infrastructure. We focus on Earth Observation (EO) data because this component has been undergoing the most dramatic change since the beginning of this century. We review the available recent studies to assess the value of EO/geospatial/open data and related infrastructures and identify three main sets of approaches focusing on the value of information, the economic approach to the value of EO to the economy from both macro- and microeconomic perspectives, and a third set that aims to maximize value through infrastructure and policy. We conclude that the economic value of Digital Earth critically depends on the perspective: the value for whom, what purpose, and when. This multiplicity is not a bad thing: it acknowledges that Digital Earth is a global concept in which everyone can recognize their viewpoint and collaborate with others to increase the common good.

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