| Item Type |
Book Section
|
| Abstract |
The energy industry is a typical example of a heavily regulated industry, and particularly large incumbent energy firms have developed significant expertise in non-market strategies (or corporate political activity). New entrants to the energy industry, such as clean energy technology ventures, are also exposed to regulatory risk (and opportunity), but they do not have the means to engage in non-market strategies to a similar extent as large incumbent firms. On the other hand, the success of investments in these firms significantly depends on managing regulatory risk. However, little is known empirically about how venture investors perceive energy policy risk and what they do to manage it.
Based on a survey among 60 venture capital firms in Europe and North America, we attempt to close this gap in the current literature. We build on our survey data to develop a typology of regulatory risk management strategies adopted by these investment firms. |
| Authors |
Bürer, Mary Jean & Wüstenhagen, Rolf |
| Editors |
Wüstenhagen, Rolf; Hamschmidt, Jost; Sharma, Sanjay & Starik, Mark |
| Language |
English |
| Subjects |
business studies |
| HSG Classification |
not classified |
| Refereed |
No |
| Date |
2008 |
| Publisher |
Elgar |
| Place of Publication |
Cheltenham, UK |
| Series Name |
New Perspectives in Research on Corporate Sustainability |
| Page Range |
290-309 |
| Number of Pages |
20 |
| Title of Book |
Sustainable Innovation and Entrepreneurship |
| ISBN |
978-1-84720-037-2 |
| Depositing User |
Prof. Dr. Rolf Wüstenhagen
|
| Date Deposited |
24 Jun 2009 18:46 |
| Last Modified |
23 Mar 2023 01:20 |
| URI: |
https://www.alexandria.unisg.ch/publications/54301 |
Cleantech Venture Investors and Energy Policy Risk: An Exploratory Analysis of Regulatory Risk Management Strategies
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