Resonance of Investments in Renewable Energy Sources in Industrial Enterprises in the Food Industry
Investments in renewable energy sources are an important direction in the development of modern economies. Motivating organizations to include appropriate investments in their development strategies becomes an essential issue. It seems clear that organizations need to see the long-term benefits of s...
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doaj-8af6e18d01b9480e8e5ebe84e8ace3ea2020-11-25T03:46:25ZengMDPI AGEnergies1996-10732020-08-01134285428510.3390/en13174285Resonance of Investments in Renewable Energy Sources in Industrial Enterprises in the Food IndustryKatarzyna Liczmańska-Kopcewicz0Paula Pypłacz1Agnieszka Wiśniewska2Faculty of Economic Sciences and Management, Nicolaus Copernicus University in Torun, ul. Gagarina 13a, 87-100 Torun, PolandFaculty of Management, Czestochowa University of Technology, Armii Krajowej 19B, 42-201 Czestochowa, PolandFaculty of Management, University of Warsaw, ul. Szturmowa 1/3, 02-678 Warszawa, PolandInvestments in renewable energy sources are an important direction in the development of modern economies. Motivating organizations to include appropriate investments in their development strategies becomes an essential issue. It seems clear that organizations need to see the long-term benefits of such investments in order to follow this trend. This article presents a thesis that assumes that from the microeconomic perspective, such investments are conducive to the implementation of various goals of the organization, causing the phenomenon of resonance in spheres such as the implementation of the sustainable development strategy, the level of innovation in the organization, brand image, and brand equity. The survey method was carried out on a sample of 143 industrial companies in the food industry in order to verify the hypotheses based on previous examples. Among the most important findings, it should be noted that investments in renewable energy sources make a significant contribution to building the market position of enterprises, in particular, to the level of innovation, creating value in a sustainable enterprise, and achieving goals in the area of creating a positive brand image and brand equity. The findings show that investing in renewable energy is compatible with the organization’s different goals.https://www.mdpi.com/1996-1073/13/17/4285renewable energyrenewable energy sourcessustainable developmentinnovationinnovativenesscreating value in a sustainable enterprise |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Katarzyna Liczmańska-Kopcewicz Paula Pypłacz Agnieszka Wiśniewska |
spellingShingle |
Katarzyna Liczmańska-Kopcewicz Paula Pypłacz Agnieszka Wiśniewska Resonance of Investments in Renewable Energy Sources in Industrial Enterprises in the Food Industry Energies renewable energy renewable energy sources sustainable development innovation innovativeness creating value in a sustainable enterprise |
author_facet |
Katarzyna Liczmańska-Kopcewicz Paula Pypłacz Agnieszka Wiśniewska |
author_sort |
Katarzyna Liczmańska-Kopcewicz |
title |
Resonance of Investments in Renewable Energy Sources in Industrial Enterprises in the Food Industry |
title_short |
Resonance of Investments in Renewable Energy Sources in Industrial Enterprises in the Food Industry |
title_full |
Resonance of Investments in Renewable Energy Sources in Industrial Enterprises in the Food Industry |
title_fullStr |
Resonance of Investments in Renewable Energy Sources in Industrial Enterprises in the Food Industry |
title_full_unstemmed |
Resonance of Investments in Renewable Energy Sources in Industrial Enterprises in the Food Industry |
title_sort |
resonance of investments in renewable energy sources in industrial enterprises in the food industry |
publisher |
MDPI AG |
series |
Energies |
issn |
1996-1073 |
publishDate |
2020-08-01 |
description |
Investments in renewable energy sources are an important direction in the development of modern economies. Motivating organizations to include appropriate investments in their development strategies becomes an essential issue. It seems clear that organizations need to see the long-term benefits of such investments in order to follow this trend. This article presents a thesis that assumes that from the microeconomic perspective, such investments are conducive to the implementation of various goals of the organization, causing the phenomenon of resonance in spheres such as the implementation of the sustainable development strategy, the level of innovation in the organization, brand image, and brand equity. The survey method was carried out on a sample of 143 industrial companies in the food industry in order to verify the hypotheses based on previous examples. Among the most important findings, it should be noted that investments in renewable energy sources make a significant contribution to building the market position of enterprises, in particular, to the level of innovation, creating value in a sustainable enterprise, and achieving goals in the area of creating a positive brand image and brand equity. The findings show that investing in renewable energy is compatible with the organization’s different goals. |
topic |
renewable energy renewable energy sources sustainable development innovation innovativeness creating value in a sustainable enterprise |
url |
https://www.mdpi.com/1996-1073/13/17/4285 |
work_keys_str_mv |
AT katarzynaliczmanskakopcewicz resonanceofinvestmentsinrenewableenergysourcesinindustrialenterprisesinthefoodindustry AT paulapypłacz resonanceofinvestmentsinrenewableenergysourcesinindustrialenterprisesinthefoodindustry AT agnieszkawisniewska resonanceofinvestmentsinrenewableenergysourcesinindustrialenterprisesinthefoodindustry |
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