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Economic Change and Restructuring

Erschienen in:

01.04.2024

Fostering social innovation in the energy transition: entrepreneurial solutions for a sustainable economy

verfasst von: Xiaoxiao Wu, Hongfu Chen, Ying Qian, Quanyong Lei

Erschienen in: Economic Change and Restructuring | Ausgabe 2/2024

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Abstract

Social innovation is recognized as a crucial catalyst for the transition to sustainable energy. This paper explores how entrepreneurial initiatives contribute to this transformative process within the Chinese context. With a sample of 276 Chinese prefecture-level cities from 2004 to 2019, this paper provides detailed empirical evidence on the entire landscape of localized entrepreneurial endeavors that shape the evolution of the energy sector toward sustainability. Employing panel estimator models, results show three main findings: a significant positive relationship between social entrepreneurship and sustainable energy adoption. Regional disparities in the effectiveness of these entrepreneurial solutions. Local governance structures have a considerable impact on the viability of social innovation in energy. A policy implication is to enhance policy support for social entrepreneurs; different strategies are needed for different local contexts to maximize social innovation’s potential impact on the energy transition.

Vorheriger Artikel Examining the impact of global uncertainty shocks on the digital economy's role in China's energy transition and green economic recovery

Nächster Artikel How does environmental performance ensured energy transition? Impact of ecological change

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Titel: Fostering social innovation in the energy transition: entrepreneurial solutions for a sustainable economy
verfasst von: Xiaoxiao Wu
Hongfu Chen
Ying Qian
Quanyong Lei
Publikationsdatum: 01.04.2024
Verlag: Springer US
Erschienen in: Economic Change and Restructuring / Ausgabe 2/2024
Print ISSN: 1573-9414
Elektronische ISSN: 1574-0277
DOI: https://doi.org/10.1007/s10644-024-09661-6

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