Entrepreneurial Energy: Associative Entrepreneurship in the Renewable Energy Sector in Wales

29 Pages Posted: 10 Dec 2011 Last revised: 12 Nov 2014

Molly Scott Cato

Roehampton University

Len Arthur

affiliation not provided to SSRN

Russell Smith

University of Wales System - UWIC Business School

Tom Keenoy Sr.

affiliation not provided to SSRN

Date Written: December 9, 2007

Abstract

The central suggestion of this paper is that innovation in the concept of entrepreneurship is overdue and that the concept of entrepreneurship needs to be extended to accommodate its often neglected collective or pluralistic dimension, a concept we have called ‘associative entrepreneurship’. We have also argued that there may be a natural link between sustainability and the co-operative form. In this paper we draw these themes together by considering the entrepreneurial potential expressed by the recent creation of mutual businesses in a range of renewable energy sectors in Wales. We suggest that, at least in the renewable energy sector and perhaps in other sectors too, innovation in the direction of sustainability may require a development of the concept of entrepreneurship in the direction of mutualism. In view of the urgent need to move towards a low-carbon economy and the expansion of the renewable energy sector this would require, understanding of the motivations of entrepreneurs in this sector is of great value.

Keywords: Associative entrepreneurship, social enterprise, renewable energy, co-operatives, sustainability, socio-economic development, Wales

JEL Classification: P13, Q42

Suggested Citation

Scott Cato, Molly and Arthur, Len and Smith, Russell and Keenoy, Tom, Entrepreneurial Energy: Associative Entrepreneurship in the Renewable Energy Sector in Wales (December 9, 2007). Available at SSRN: https://ssrn.com/abstract=1970251 or http://dx.doi.org/10.2139/ssrn.1970251

Molly Scott Cato (Contact Author)

Roehampton University ( email )

Roehampton Lane
London, SW15 5PU
United Kingdom

Len Arthur

affiliation not provided to SSRN ( email )

Russell Smith

University of Wales System - UWIC Business School ( email )

Cardiff CF23 9XR
United Kingdom

Tom Keenoy Sr.

affiliation not provided to SSRN ( email )

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