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Energy Innovative Start-ups and Knowledge-based Strategies: The Italian Case

Author

Listed:
  • Gianpaolo Iazzolino

    (Department of Mechanical, Energy and Management Engineering, University of Calabria, Rende (Cosenza), Italy,)

  • Monica De Carolis

    (Department of Mechanical, Energy and Management Engineering, University of Calabria, Rende (Cosenza), Italy,)

  • Paola Clemeno

    (ALTEN, Milan, Italy)

Abstract

The purpose of this paper is to analyze the energy innovative start-ups currently existing in Italy. An investigation on whether those firms are able to implement a knowledge-based strategy (KS) is described: In particular, it is a strategy based on a high investment in qualified human resources and, in general, this is reflected in the fact that the company adopting a KS pays its employees more than the average of other companies belonging to the same sector. Furthermore the ability to generate a return on the investment in knowledge is analyzed. Amethodology already proposed in other papers by the same authors was applied in order to identify firms that adopt a KS understanding also the sustainability of such kind of strategy. A discussion on how firms that do not implement a profitable KS can improve and consolidate their position in terms of knowledge is proposed.

Suggested Citation

  • Gianpaolo Iazzolino & Monica De Carolis & Paola Clemeno, 2019. "Energy Innovative Start-ups and Knowledge-based Strategies: The Italian Case," International Journal of Energy Economics and Policy, Econjournals, vol. 9(5), pages 88-102.
  • Handle: RePEc:eco:journ2:2019-05-12
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    Citations

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    Cited by:

    1. Riccardo Gianluigi Serio & Maria Michela Dickson & Diego Giuliani & Giuseppe Espa, 2020. "Green Production as a Factor of Survival for Innovative Startups: Evidence from Italy," Sustainability, MDPI, vol. 12(22), pages 1-12, November.
    2. Riccardo Gianluigi Serio & Maria Michela Dickson & Diego Giuliani & Giuseppe Espa, 2020. "Green production as a factor of survival for innovative startups. Evidence from Italy," Papers 2005.12102, arXiv.org.
    3. Warsono Warsono & Edwin Russel & Almira Rizka Putri & Wamiliana Wamiliana & Widiarti Widiarti & Mustofa Usman, 2020. "Dynamic Modeling Using Vector Error-correction Model: Studying the Relationship among Data Share Price of Energy PGAS Malaysia, AKRA, Indonesia, and PTT PCL-Thailand," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 360-373.
    4. Olga Bergal, 2020. "Innovative Energy Clusters' Infrastructure," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 361-376.
    5. Zhanar M. Orynkanova & Diana I. Stepanova, 2020. "Evaluation of the Economic Efficiency of Heat Recovery from Exhaust Gas of Diesel Power Plants in Kazakhstan," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 399-404.
    6. Iazzolino, Gianpaolo & Sorrentino, Nicola & Menniti, Daniele & Pinnarelli, Anna & De Carolis, Monica & Mendicino, Luca, 2022. "Energy communities and key features emerged from business models review," Energy Policy, Elsevier, vol. 165(C).

    More about this item

    Keywords

    Energy innovative start-ups; knowledge-based strategy; human capital efficiency; value creation;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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