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Key Growth Factors and Limitations of Photovoltaic Companies in Poland and the Phenomenon of Technology Entrepreneurship under Conditions of Information Asymmetry

Author

Listed:
  • Bartosz Wachnik

    (Faculty of Mechanical and Industrial Engineering, Warsaw University of Technology, 00-661 Warsaw, Poland)

  • Zbigniew Chyba

    (Faculty of Mechanical and Industrial Engineering, Warsaw University of Technology, 00-661 Warsaw, Poland)

Abstract

Nowadays photovoltaic trade in Poland is growing rapidly due to contemporary challenges in sustainable energy. The first Polish photovoltaic firms were established in the second decade of XXI century. It was the answer of looking for new innovative energy sources including solar energy. It was necessary to change the structure of energy sources in Poland mainly based on carbon and oil & gas. The aim of this article was the identification and assessment the key opportunities and barriers to photovoltaic industry enterprises in Poland in the context of technology entrepreneurship under conditions of information asymmetry. The paper was prepared based on the results of qualitative research using the case study method. A comparative analysis was performed based on results of a study of four purposefully selected enterprises. All of them are SMEs. The research was done in 2021. The case study method allowed for comparing the analysed enterprises in pairs, which is discussed more extensively further on in the text. The research performed will lead to conclusions and recommendations for the photovoltaic sector enterprises in Poland which will allow them to act more effectively and efficiently in conditions of competing on the global market. This paper contains the characteristics of photovoltaic trade in Poland, its macro and micro environment, the opportunities and threats of this trade and key strengths and weaknesses of characterized photovoltaic enterprises in Poland. Finally, the conclusion and recommendations of discussed Polish photovoltaic trade firms in future are evaluated.

Suggested Citation

  • Bartosz Wachnik & Zbigniew Chyba, 2021. "Key Growth Factors and Limitations of Photovoltaic Companies in Poland and the Phenomenon of Technology Entrepreneurship under Conditions of Information Asymmetry," Energies, MDPI, vol. 14(24), pages 1-16, December.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:24:p:8239-:d:697192
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    References listed on IDEAS

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    1. Damian Hasterok & Rui Castro & Marcin Landrat & Krzysztof Pikoń & Markus Doepfert & Hugo Morais, 2021. "Polish Energy Transition 2040: Energy Mix Optimization Using Grey Wolf Optimizer," Energies, MDPI, vol. 14(2), pages 1-27, January.
    2. Alberto Dolara & Francesco Grimaccia & Giulia Magistrati & Gabriele Marchegiani, 2017. "Optimization Models for Islanded Micro-Grids: A Comparative Analysis between Linear Programming and Mixed Integer Programming," Energies, MDPI, vol. 10(2), pages 1-20, February.
    3. Piotr Olczak & Małgorzata Olek & Dominika Matuszewska & Artur Dyczko & Tomasz Mania, 2021. "Monofacial and Bifacial Micro PV Installation as Element of Energy Transition—The Case of Poland," Energies, MDPI, vol. 14(2), pages 1-22, January.
    4. William Vickrey, 1961. "Counterspeculation, Auctions, And Competitive Sealed Tenders," Journal of Finance, American Finance Association, vol. 16(1), pages 8-37, March.
    5. Alessandro Niccolai & Alberto Dolara & Emanuele Ogliari, 2021. "Hybrid PV Power Forecasting Methods: A Comparison of Different Approaches," Energies, MDPI, vol. 14(2), pages 1-18, January.
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    Cited by:

    1. Bartosz Wachnik & Aleksandra Krupa & Krzysztof Santarek, 2022. "A Comparative Analysis of the Acquisition Transaction of Management Information Systems through Virtual and Face-to-Face Negotiations—The Perspective of Green IT Industry in Poland," Sustainability, MDPI, vol. 14(15), pages 1-12, August.
    2. Michał Bernard Pietrzak & Marta Kuc-Czarnecka, 2022. "Transformation of Energy Markets: Description, Modeling of Functioning Mechanisms and Determining Development Trends," Energies, MDPI, vol. 15(15), pages 1-6, July.
    3. Beata Hysa & Anna Mularczyk, 2024. "PESTEL Analysis of the Photovoltaic Market in Poland—A Systematic Review of Opportunities and Threats," Resources, MDPI, vol. 13(10), pages 1-29, September.

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