Exploring the Perspective of Entrepreneurship in the Energy Sector: Case study on Renewable Energy Sector of Bangladesh

Authors

  • Nasrin Sultana Naznin

  • Farjana Rafiq Trisha

  • Moffassel Haque

  • Arafat ibna kamal

  • Shejuti Munzuri

  • Noman Ahamed Pream

  • Redoan Ahamed

Keywords:

renewable energy, entrepreneurship, scope, challenge, bangladesh

Abstract

Bangladesh is endowed with ample supply of renewable sources of energy. By acknowledging the potential of renewable energy resources, Bangladesh could meet its unprecedented energy demand, thus enhancing electricity accessibility to all and increasing energy security through their progression. A significant number of studies demonstrated the socioeconomic impact of renewable energy, especially in Bangladesh. According to these studies, it is realized that the entrepreneurial perspective of renewable energy is missing except a few studies on innovation theory, social entrepreneurship, and micro-finance. The endeavor of this article is to argue that renewable energy is an opportunity to slow environmental degradation opening a new perspective of the research agenda in entrepreneurship. In addition to that, it is hoped that this article contributes to the connection of entrepreneurial viewpoint, its opportunities and, challenges, with renewable energy in the emerging markets in Bangladesh.

How to Cite

Exploring the Perspective of Entrepreneurship in the Energy Sector: Case study on Renewable Energy Sector of Bangladesh. (2019). Global Journal of Management and Business Research, 18(C8), 33-40. https://journalofbusiness.org/index.php/GJMBR/article/view/2657

References

Fakhrul Chowdhury, Ahmed Chowdhury, Alauddin Ahmed (2015) Use-effectiveness and Safety of Oral Contraceptives in Rural Bangladesh : Sulla Case Study. 8(3), 95-114.

A Azad (2011) A Review on Renewable Power Sources: Prospects of Bangladesh and Scotland.

R Bridle, L Kiston, P Wooders (2014) Fossil fuel subsidies: a barrier to renewable energy in5 Middle East and North African countries.

Dipal Barua, Tania Urmee, S Kumar, S Bhattacharya (2016) A photovoltaic solar home system dissemination model. 9(4), 313-322.

C Brown, Hendry (2009) Public demonstration projects and field trials: Accelerating commercialization of sustainable technology in solarphotovoltaics. 37(7), 2560-2573.

(2011) Solar America Cities Awards, Solar Energy Technologies Program, Fact Sheet, March 2009.

Boyd Cohen, Monika Winn (2007) Market imperfections, opportunity and sustainable entrepreneurship. 22(1), 29-49.

Insead Wipo (2016) The Global Innovation Index 2016: Winning withGlobal Innovation.

Thomas Dean, Jeffery Mcmullen (2007) Toward a theory of sustainable entrepreneurship: Reducing environmental degradation through entrepreneurial action. 22(1), 50-76.

Maximilian Engelken, Benedikt Römer, Marcus Drescher, Isabell Welpe, Arnold Picot (2016) Comparing drivers, barriers, and opportunities of business models for renewable energies: A review. 60, 795-809.

Cle-Anne Gabriel (2016) What is challenging renewable energy entrepreneurs in developing countries?. 64, 362-371.

Dale Osborn (2015) Fox Ridge Energy and Education Institute Project Development Final Report.

Jeremy Hall, Gregory Daneke, Michael Lenox (2010) Sustainable development and entrepreneurship: Past contributions and future directions. 25(5), 439-448.

Randall Holcombe (2003) The Origins of Entrepreneurial Opportunities. 16(1), 25-43.

M Hasan, K Arifin, A Rahman, A Azad (2011) Design, implementation and performance of a controller for uninterruptible solar hot water system. 584-588.

(2013) IRENA greeted as milestone for renewables. 9(7), 19.

A Islam, M Islam (2015) Status of Renewable Technologies in Bangladesh. 1, 51-60.

A Islam, Mazharul Islam, Tazmilur Rahman (2009) Effective renewable energy activities in Bangladesh. 31(5), 677-688.

A Leidreider, F Boselli (2015) 100% renewable energy boosting development in Morocoo, World Future Council.

Sanjida Moury, R Ahshan (2009) A feasibility study of an on-grid solar home system in Bangladesh. 1-4.

M Kaiser, M Rahman, M Rahman, S Sharna (2006) Wind energy assessment for the coastalpart of Bangladesh. 1(2), 87-92.

M Khan, M Iqbal, S Mahboob (2014) A wind map of Bangladesh. 29(5), 643-660.

M (2010) Implications of renewable energy technologies in the Bangladesh power sector: Long term planning strategies.

E Martinot, A Cabraal, S Mathur (2001) World Bank/GEF solar home system projects: experiences and lessons learned 1993-20001Eric Martinot conducted the work herein as an Associate of the Stockholm Environment Institute, Boston. He currently works for the Global Environment Facility. Anil Cabraal is a Senior Renewable Energy Specialist in the World Bank's Asia Alternative Energy Program. Subodh Mathur is a consultant to the World Bank and its Africa Rural and Renewable Energy Initiative. Views expressed are solely those of the authors and do not necessarily reflect official views of the World Bank or its client countries.1. 5(1), 39-57.

J Painuly (2001) Barriers to renewable energy penetration; a framework for analysis. 24(1), 73-89.

Mohammad Rahman (2014) TRANSFORMING WASTE MANAGEMENT: EVALUATION OF A FIXED BED BATCH-TYPE PYROLYSIS PLANT UTILIZING SCRAP TIRES IN BANGLADESH. 03(02), 01-06.

Yu Minji, Zao Jingyuan, Li Tianquan (2010) MODELLING OF THE LONG-TERM DEVELOPMENT PLAN OF CHINA'S POWER SYSTEM. 32-38.

Scott Shane (2004) A General Theory of Entrepreneurship.

Nora Stel (2013) ENTREPRENEURS IN THE DARK: THE IMPACT OF FRAGILE AND HYBRID GOVERNANCE ON LEBANESE ENTREPRENEURSHIP - A CASE-STUDY OF THE ELECTRICITY SECTOR. 18(03), 1350017.

(2011) Renewable energy projects, IDCOL solar energy program.

T Key (2013) Quantifying the Value of Hydropower in the Electric Grid: Final Report.

(2011) Renewable energy information network, Solar interventions in Bangladesh.

Boris Urban (2013) Influence of the Institutional Environment on Entrepreneurial Intentions in an Emerging Economy. 14(3), 179-191.

S Venkataraman (2010) Advances in Entrepreneurship, Firm Emergence and Growth. ii.

S Whitely, D Granoff (2014) The Moroccan Agency for Solar Energy and the Moroccan SolarPlan, Green Growth Best practice.

Exploring the Perspective of Entrepreneurship in the Energy Sector: Case study on Renewable Energy Sector of Bangladesh

Published

2019-01-18

How to Cite

Exploring the Perspective of Entrepreneurship in the Energy Sector: Case study on Renewable Energy Sector of Bangladesh. (2019). Global Journal of Management and Business Research, 18(C8), 33-40. https://journalofbusiness.org/index.php/GJMBR/article/view/2657