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Scientific Article details

Title An interval-valued composite indicator for energy efficiency and green entrepreneurship
ID_Doc 31903
Authors Drago, C; Gatto, A
Title An interval-valued composite indicator for energy efficiency and green entrepreneurship
Year 2022
Published Business Strategy And The Environment, 31, 5
DOI 10.1002/bse.3010
Abstract Promoting energy-efficient technologies can support green entrepreneurship via innovation creation. Energy efficiency policies and practices can promote cleaner productions and consumptions and environmental-friendly lifestyles in light of green growth goals. The foreseen strategy is twofold: it entails fostering energy-efficient technologies and supporting sustainable entrepreneurship. The work aims to measure energy efficiency by consistently constructing a new interval-based composite indicator using the World Bank's RISE database. The methodological approach employed is based on a Monte-Carlo simulation and offers the advantage of internalizing the variation of its outputs. Examining the sorting ranking, we find a positive relationship between energy efficiency and entrepreneurship by identifying some countries exhibiting high density in these two variables-e.g. Australia and the United Kingdom. We scrutinize innovative perspectives and propose policy recommendations projecting speculative scenarios based on different governance strategies to support sustainable entrepreneurial ecosystems. The prospects are worthy for depicting key industrial environmental strategies.
Author Keywords corporate environmentalism; energy efficiency; green entrepreneurship; interval-based composite indicators; Monte-Carlo simulation
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000794185400001
WoS Category Business; Environmental Studies; Management
Research Area Business & Economics; Environmental Sciences & Ecology
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