Biogas and modus operandi of sustainable business models in developing and developed markets
(2021) BUSN09 20211Department of Business Administration
- Abstract
- The need for adapting business models to sustainable business models is revolutionizing many industries where business as usual stops being an option from a social or environmental perspective. The adoption of sustainable business models occurs in both developed and developing markets however, due to the nature of the two environments being notably different, it is expected that the sustainable business models will look very different in the two markets. With western businesses seeking to expand, and developing businesses looking to grow, the two markets are connected in many industries, like the biogas industry, where approaches for renewable energy occur for different financial, social, and environmental efforts. For these reasons, the... (More)
- The need for adapting business models to sustainable business models is revolutionizing many industries where business as usual stops being an option from a social or environmental perspective. The adoption of sustainable business models occurs in both developed and developing markets however, due to the nature of the two environments being notably different, it is expected that the sustainable business models will look very different in the two markets. With western businesses seeking to expand, and developing businesses looking to grow, the two markets are connected in many industries, like the biogas industry, where approaches for renewable energy occur for different financial, social, and environmental efforts. For these reasons, the purpose of this research is to perform a qualitative explorative case study of the two markets with 13 minimally structured interviews with European companies, institutions, and associations that have notable operations in both markets to try to understand how sustainable business models differ between the two markets in the biogas industry.
The findings revealed that although it is complicated to simply divide the concepts into just developed and developing markets, the incentives that revolve around biogas, whether they be financial from policymakers, social from helping others access energy or environmental by taking on renewable energy approaches, truly shape the opportunities of biogas being a sustainable business model in a given region. The shapes of these incentives further trigger the scale of the plants, complexity of the supply chains involved, trends with human behavior, opportunities for sustainability and biomethane. Thus, it can be concluded that the opportunity of a business model to be sustainable, through a collaborative effort of social, economic and environmental efforts is directly connected to the availability of various incentives in a region in the studied industry. This suggests that individuals working in the industry should keep promoting and presenting the social and environmental incentives to further grow the opportunities of sustainable business models in the biogas industry and that policymakers should realize these non-financial incentives and promote their prosperity with financial incentives whenever possible. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9053599
- author
- Kowalski, Sebastian LU and Koppetsch, Lysann Sophie LU
- supervisor
- organization
- course
- BUSN09 20211
- year
- 2021
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Sustainable Business Models, Developing Markets, Developed Markets, Biogas, Renewable Energy
- language
- English
- id
- 9053599
- date added to LUP
- 2021-06-29 10:28:45
- date last changed
- 2021-06-29 10:28:45
@misc{9053599,
abstract = {{The need for adapting business models to sustainable business models is revolutionizing many industries where business as usual stops being an option from a social or environmental perspective. The adoption of sustainable business models occurs in both developed and developing markets however, due to the nature of the two environments being notably different, it is expected that the sustainable business models will look very different in the two markets. With western businesses seeking to expand, and developing businesses looking to grow, the two markets are connected in many industries, like the biogas industry, where approaches for renewable energy occur for different financial, social, and environmental efforts. For these reasons, the purpose of this research is to perform a qualitative explorative case study of the two markets with 13 minimally structured interviews with European companies, institutions, and associations that have notable operations in both markets to try to understand how sustainable business models differ between the two markets in the biogas industry.
The findings revealed that although it is complicated to simply divide the concepts into just developed and developing markets, the incentives that revolve around biogas, whether they be financial from policymakers, social from helping others access energy or environmental by taking on renewable energy approaches, truly shape the opportunities of biogas being a sustainable business model in a given region. The shapes of these incentives further trigger the scale of the plants, complexity of the supply chains involved, trends with human behavior, opportunities for sustainability and biomethane. Thus, it can be concluded that the opportunity of a business model to be sustainable, through a collaborative effort of social, economic and environmental efforts is directly connected to the availability of various incentives in a region in the studied industry. This suggests that individuals working in the industry should keep promoting and presenting the social and environmental incentives to further grow the opportunities of sustainable business models in the biogas industry and that policymakers should realize these non-financial incentives and promote their prosperity with financial incentives whenever possible.}},
author = {{Kowalski, Sebastian and Koppetsch, Lysann Sophie}},
language = {{eng}},
note = {{Student Paper}},
title = {{Biogas and modus operandi of sustainable business models in developing and developed markets}},
year = {{2021}},
}