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

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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. A methodology 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 knowledge-based strategy can improve and consolidate their position in terms of knowledge is proposed.

Keywords: Energy innovative start-ups, knowledge-based strategy, human capital efficiency, value creation

JEL Classifications: M13, M20, M41, O32, O34

DOI: https://doi.org/10.32479/ijeep.7926

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Author Biography

Gianpaolo Iazzolino, University of Calabria, Italy

Gianpaolo Iazzolino is Assistant Professor in Business Economics at the Department of Mechanical, Energy and Management Engineering at the University of Calabria, Italy. He is currently a member of the Faculty of Management Engineering at the same University.His research interests are in Business Performance Evaluation Models, Evaluation of Innovation and Intangibles, Knowledge Management Systems.

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Published

2019-07-23

How to Cite

Iazzolino, G., Carolis, M. D., & Clemeno, P. (2019). Energy Innovative Start-ups and Knowledge-based Strategies: The Italian Case. International Journal of Energy Economics and Policy, 9(5), 88–102. Retrieved from https://econjournals.com/index.php/ijeep/article/view/7926

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