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Bio Energy Entry Timing from a Resource Based View and Organizational Ecology Perspective AgEcon
Ng, Desmond W.; Goldsmith, Peter D..
Recent changes in U.S. energy policy have prompted the growth of the bio energy market. The ability to quickly enter and respond to the opportunities of this market is critical to an agribusiness’ success. Understanding entry into this rapidly growing bio energy market, however, is not well understood. In drawing on management theories of the Resource Based View (RBV) and that of Organizational Ecology, this study develops a conceptual and dynamic programming model to explain the entry behaviors of different types of bio energy businesses. A contribution of this study is it demonstrates that bio energy entry decisions emphasize a basic trade-off involving gains from a commitment to specialized, and correspondingly higher cost assets, and gains from...
Tipo: Journal Article Palavras-chave: Management theory; Resource based view; Bio fuels; Ethanol; Organizational ecology entry timing; Research and Development/Tech Change/Emerging Technologies; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/93350
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Investments in Energy-Saving Systems in Dutch Horticultural Farms AgEcon
Aramyan, Lusine H.; Oude Lansink, Alfons G.J.M.; Verstegen, Jos A.A.M..
In the Netherlands the greenhouse sector is a major user of energy. It accounts for 7% of the total amount of energy used in the Netherlands and for 79% of the total amount of energy used in agriculture. In order to sustain this sector on the long term, it is important that its use of energy is lowered. One way of reducing energy use for horticultural producers is investing in energy-saving systems. The purpose of this paper is to provide a better understanding of the investment behavior of farm operators. A two-stage econometric model has been applied to analyze the factors influencing the decision of farmers to invest and the level of investments.
Tipo: Conference Paper or Presentation Palavras-chave: Investments; Two-stage model; Management theory; Option value; Adjustment costs; Farm Management.
Ano: 2005 URL: http://purl.umn.edu/24285
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