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Title Can bioenergy act as an entrepreneurial opportunity for the sustainable economic development of an emerging economy? A socio-technical approach
ID_Doc 70023
Authors Ali, S; Yan, QY; Hu, J; Irfan, M; Sun, HP
Title Can bioenergy act as an entrepreneurial opportunity for the sustainable economic development of an emerging economy? A socio-technical approach
Year 2023
Published Environmental Science And Pollution Research, 30, 43
DOI 10.1007/s11356-023-29211-3
Abstract Challenges in adopting renewable energy have become significant roadblocks to the country's sustainable progress. There is a shortage of studies examining how adopting biogas energy plants affects entrepreneurship in Pakistan's off-grid areas. This study aims to address this gap in the literature by investigating bioenergy as an entrepreneurial opportunity for the sustainable economic development of an emerging economy. Primary data comprising 305 respondents was used in Punjab Province by employing an inclusive questionnaire survey. The partial least square structural equation modeling (PLS-SEM) technique validates the model and analyzes the designated hypotheses. Empirical outcomes reveal that enhanced social and entrepreneurial prosperity adopting biogas plants, sustainable economic development of entrepreneurial businesses adopting biogas plants, and adoption in entrepreneurship improve the standard of living positively and significantly associated with intention to enhance entrepreneurship performance through biogas energy adoption. On the contrary, the production-cost reduction of adopting biogas plants in entrepreneurial businesses had no significant effect on intention to improve entrepreneurship performance through biogas energy adoption. Meanwhile, the intention to enhance entrepreneurship performance through biogas energy adoption positively mediates the relationship among enhanced social and entrepreneurial prosperity adopting biogas plants, sustainable economic development of entrepreneurial businesses adopting biogas plants, biogas plant adoption in entrepreneurship improves the standard of living, and economic development of entrepreneurial activities adopting biogas technology. Correspondingly, social media and word of mouth significantly moderate the relationships between the intention to enhance entrepreneurship performance through biogas energy adoption and the economic development of entrepreneurial activities adopting biogas energy. The results of this study show how crucial it is to change societal norms surrounding entrepreneurship, raise entrepreneurs' awareness of these issues, reform regulatory systems, and emphasize the benefits of entrepreneurial activities offered by biogas energy plants that grow entrepreneurs' standard of living. Finally, the study's limitations and recommendations for additional studies are highlighted.
Author Keywords Renewable energy; Biogas energy plants; Biogas potential; Social media and word of mouth; Pakistan
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:001052843500007
WoS Category Environmental Sciences
Research Area Environmental Sciences & Ecology
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