JTMGE Vol. 4 No. 1 (April 2013)

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    Urbanisation and Managing Energy: Opportunities and Challenges
    (Chitkara University Publications, 2013-04) Vinnie Jauhari
    As the world gets increasingly urbanised, there will be a consequence for energy generation, consumption and distribution. As the world population increases, there will be an increased demand for services- healthcare, transport, housing, infrastructure, information technology among others. The growing economies like India would have even greater challenges. The choice of forms of urbanization should needs to be assessed. What kind of cities would be sustainable is a question that needs more exploration? Walkability, compact housing, sustainable transport, alternate forms of energy generation are all aspects which need to be looked into. The paper focuses on what forms of urbanisation should India look at and how energy choices should be built in the planning process.
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    Climate Change: A Paradigm Shift for Investments? A Review of Evidence under Climate Science Research
    (Chitkara University Publications, 2013-04) Sudeep Rathee; Sheeba Kapil
    In light of the observed changes in climate patterns, this paper reviews the evidence forwarded under climate science research for analysing the climate related stresses on assets across different sectors. The review provides insights on the need for a shift in investment decisions and portfolio management activities. The paper follows an exploratory research method to focus on key climate science research themes. Thereby, the paper synthesizes the existing scientific information to identify those opportunities in climate change that require climate investments. Additionally, the research also discusses the points of uncertainty for climate investment that arise due the limitations of existing climate science related information and methods. The synthesis of climate science information in the paper will provide a foothold to the interdisciplinary research community in the area of sustainable investments for identification of investable climate assets and insights on the factors of climate science related uncertainty that need to be researched further for their impact on such climate investments.
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    Government’s Catalytic Role in Emerging Economy: Critical Comparison of China’s Conspicuous Strength in Wind and Solar Industry
    (Chitkara University Publications, 2013-04) Narasimalu Srikanth; Chihiro Watanabe
    In light of a conspicuous strength in China’s solar and wind industry in recent years this paper analyses the catalytic role of the government in inducing the institutional source of its strength. Critical comparison of the two industries show China’s renewable energy policies for wind industry was more effective than the solar industry through adopting a self-propagating functionality development through fusing the external technology with domestic industries know-how to co-evolve both production and diffusion through effective assimilation. This suggests a new insight for growing economy to devise effective policy framework to develop a globally competitive industry
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    Co-emergence of Institutional Innovation Navigates the New Normal in Growing Economies
    (Chitkara University Publications, 2013-04) Weilin Zhao; Chihiro Watanabe; Yuji Tou
    Increasing fear of the global simultaneous stagnation derived from the Euro-crisis together with the New Normal in growing economies reveals the limit of individual strength leading to the significance of fusion with global best practices. Dramatic advancement of the Internet has enabled consumers in any nation to choose and learn from world’s strongest suppliers. Both trends inevitably necessitate co-emergence of institutional innovation between suppliers and consumers for sustainability. On the basis of an empirical analysis comparing institutional systems in 100 nations, this paper demonstrates the significance of this co-emergence thereby navigating the New Normal in growing economies.