Regulatory Barriers For Entrepreneurship and Start-Ups In Renewable Energy: Bibliometric Analysis

This article conducts a bibliometric analysis to investigate regulatory barriers faced by entrepreneurs and start-ups in the renewable energy sector. The research highlights how inconsistent and outdated regulations in many regions challenge the growth and scalability of renewable energy ventures. K...

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Main Authors: Iuliia Myroshnychenko, Serhiy Podosynnikov, Dmytro Halynskyi, Mykola Ushkalov, Oleksandr Chuhai
Format: Article
Language:English
Published: The Academic Research and Publishing UG (i. G.) (AR&P) LLC 2024-10-01
Series:SocioEconomic Challenges
Subjects:
Online Access:https://armgpublishing.com/wp-content/uploads/2024/10/SEC_3_2024_13.pdf
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author Iuliia Myroshnychenko
Serhiy Podosynnikov
Dmytro Halynskyi
Mykola Ushkalov
Oleksandr Chuhai
author_facet Iuliia Myroshnychenko
Serhiy Podosynnikov
Dmytro Halynskyi
Mykola Ushkalov
Oleksandr Chuhai
author_sort Iuliia Myroshnychenko
collection DOAJ
description This article conducts a bibliometric analysis to investigate regulatory barriers faced by entrepreneurs and start-ups in the renewable energy sector. The research highlights how inconsistent and outdated regulations in many regions challenge the growth and scalability of renewable energy ventures. Key barriers include complex permitting processes, restrictive grid connection policies, and inadequate support mechanisms such as subsidies and tax incentives. The study underscores that although global investment in renewable energy technologies has grown, many emerging and developing economies lag behind due to high capital costs and regulatory hurdles. The methodology involves data collection from the Scopus database using specified keywords such as "entrepreneurship," "start-ups," "renewable energy," and "regulatory barriers." One hundred seven documents published between 2002 and 2024 were analysed through bibliometric techniques using tools like Biblioshiny and Excel. The study cleans and processes data by removing irrelevant terms and consolidating synonyms to improve the accuracy of the bibliometric analysis. Key research indicators, such as the h-index, g-index, m-index, and citation rates, are employed to evaluate the impact of publications and authors. The analysis also focuses on co-citation networks, clustering keywords, and tracking the evolution of themes over time. Results reveal that regulatory barriers to renewable energy entrepreneurship are widely studied but fragmented. Five main keyword clusters were identified: renewable energy technologies, policy and regulatory frameworks, business models, economic development, and environmental sustainability. A notable trend is the convergence of interdisciplinary research, combining economic, policy, and technological perspectives on overcoming barriers. The analysis highlights a significant publication growth in recent years, peaking in 2022 with 15 publications, which reflects an increasing academic interest in this area. The most cited papers often discuss solutions to regulatory challenges, such as streamlining administrative processes, improving grid access, and implementing supportive financial mechanisms. Case studies from leading renewable energy markets, like Germany and California, showcase successful strategies that have fostered innovation and allowed start-ups to thrive. However, the study emphasises that many emerging markets continue to struggle with outdated regulatory frameworks that hinder the commercialisation of new technologies, particularly in energy storage. The study concludes that future research should focus on detailed longitudinal studies and interdisciplinary approaches that combine legal, economic, and technological analyses. Policymakers are urged to adopt flexible, adaptive regulations to support innovation in renewable energy, ensuring that start-ups can leverage technological advancements and contribute to the global energy transition.
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language English
publishDate 2024-10-01
publisher The Academic Research and Publishing UG (i. G.) (AR&P) LLC
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spelling doaj-art-73d3df44ba1542bc831fe36dfc24898f2025-08-20T01:47:40ZengThe Academic Research and Publishing UG (i. G.) (AR&P) LLCSocioEconomic Challenges2520-66212520-62142024-10-018318121010.61093/sec.8(3).181-210.2024Regulatory Barriers For Entrepreneurship and Start-Ups In Renewable Energy: Bibliometric AnalysisIuliia Myroshnychenko0https://orcid.org/0000-0002-0463-0347Serhiy Podosynnikov1https://orcid.org/0009-0006-3786-5907Dmytro Halynskyi2https://orcid.org/0009-0004-9035-188XMykola Ushkalov3https://orcid.org/0009-0001-4703-4705Oleksandr Chuhai4https://orcid.org/0009-0003-6764-6375Postdoctoral researcher, Paderborn University, Paderborn, GermanyGeneral Director, SENSI LLC, Sumy, Ukraine CEO, SENSI LLC, UkraineDeputy Head of the Design Department, SENSI LLC, Sumy, Ukraine Acting Director, SENSI ENGINEERING LLC, Sumy, Ukraine This article conducts a bibliometric analysis to investigate regulatory barriers faced by entrepreneurs and start-ups in the renewable energy sector. The research highlights how inconsistent and outdated regulations in many regions challenge the growth and scalability of renewable energy ventures. Key barriers include complex permitting processes, restrictive grid connection policies, and inadequate support mechanisms such as subsidies and tax incentives. The study underscores that although global investment in renewable energy technologies has grown, many emerging and developing economies lag behind due to high capital costs and regulatory hurdles. The methodology involves data collection from the Scopus database using specified keywords such as "entrepreneurship," "start-ups," "renewable energy," and "regulatory barriers." One hundred seven documents published between 2002 and 2024 were analysed through bibliometric techniques using tools like Biblioshiny and Excel. The study cleans and processes data by removing irrelevant terms and consolidating synonyms to improve the accuracy of the bibliometric analysis. Key research indicators, such as the h-index, g-index, m-index, and citation rates, are employed to evaluate the impact of publications and authors. The analysis also focuses on co-citation networks, clustering keywords, and tracking the evolution of themes over time. Results reveal that regulatory barriers to renewable energy entrepreneurship are widely studied but fragmented. Five main keyword clusters were identified: renewable energy technologies, policy and regulatory frameworks, business models, economic development, and environmental sustainability. A notable trend is the convergence of interdisciplinary research, combining economic, policy, and technological perspectives on overcoming barriers. The analysis highlights a significant publication growth in recent years, peaking in 2022 with 15 publications, which reflects an increasing academic interest in this area. The most cited papers often discuss solutions to regulatory challenges, such as streamlining administrative processes, improving grid access, and implementing supportive financial mechanisms. Case studies from leading renewable energy markets, like Germany and California, showcase successful strategies that have fostered innovation and allowed start-ups to thrive. However, the study emphasises that many emerging markets continue to struggle with outdated regulatory frameworks that hinder the commercialisation of new technologies, particularly in energy storage. The study concludes that future research should focus on detailed longitudinal studies and interdisciplinary approaches that combine legal, economic, and technological analyses. Policymakers are urged to adopt flexible, adaptive regulations to support innovation in renewable energy, ensuring that start-ups can leverage technological advancements and contribute to the global energy transition.https://armgpublishing.com/wp-content/uploads/2024/10/SEC_3_2024_13.pdfentrepreneurshipstart-uprenewable energyregulatory barriersdoing business
spellingShingle Iuliia Myroshnychenko
Serhiy Podosynnikov
Dmytro Halynskyi
Mykola Ushkalov
Oleksandr Chuhai
Regulatory Barriers For Entrepreneurship and Start-Ups In Renewable Energy: Bibliometric Analysis
SocioEconomic Challenges
entrepreneurship
start-up
renewable energy
regulatory barriers
doing business
title Regulatory Barriers For Entrepreneurship and Start-Ups In Renewable Energy: Bibliometric Analysis
title_full Regulatory Barriers For Entrepreneurship and Start-Ups In Renewable Energy: Bibliometric Analysis
title_fullStr Regulatory Barriers For Entrepreneurship and Start-Ups In Renewable Energy: Bibliometric Analysis
title_full_unstemmed Regulatory Barriers For Entrepreneurship and Start-Ups In Renewable Energy: Bibliometric Analysis
title_short Regulatory Barriers For Entrepreneurship and Start-Ups In Renewable Energy: Bibliometric Analysis
title_sort regulatory barriers for entrepreneurship and start ups in renewable energy bibliometric analysis
topic entrepreneurship
start-up
renewable energy
regulatory barriers
doing business
url https://armgpublishing.com/wp-content/uploads/2024/10/SEC_3_2024_13.pdf
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AT serhiypodosynnikov regulatorybarriersforentrepreneurshipandstartupsinrenewableenergybibliometricanalysis
AT dmytrohalynskyi regulatorybarriersforentrepreneurshipandstartupsinrenewableenergybibliometricanalysis
AT mykolaushkalov regulatorybarriersforentrepreneurshipandstartupsinrenewableenergybibliometricanalysis
AT oleksandrchuhai regulatorybarriersforentrepreneurshipandstartupsinrenewableenergybibliometricanalysis