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Policy and Financial Implications of Net Energy Metering in Arctic Power Systems : A Case Study of Alaska’s Railbelt
(2026-02-02) Peterson, Maren; De Witt, Magnus; Carlson, Ewa Lazarczyk; Stefánsson, Hlynur; Department of Engineering; Department of Business and Economics
The transition toward sustainable energy in Arctic and subarctic regions requires innovative approaches that account for both the unique geographical conditions and the economic and policy challenges associated with isolated power systems. This study examines how net energy metering (NEM) and net billing schemes influence distributed solar photovoltaic (PV) adoption and financial performance among utilities in Alaska’s Railbelt. The Railbelt, which supplies power to three-quarters of the state’s population, remains heavily reliant on natural gas and exhibits limited renewable penetration compared to other arctic regions. Using a stochastic risk-based modeling framework with Monte Carlo simulations and the Bass diffusion model, the analysis estimates the 15-year financial impacts of different NEM adoption scenarios on utilities. Results show that while NEM drives PV adoption through higher compensation for exported generation, it also increases potential revenue losses for utilities compared to net billing. Policy innovations like those introduced in Alaska’s House Bill 164 (HB 164), which establishes a reimbursement fund to mitigate utility revenue losses, indicate that regulatory work is being designed to balance distributed generation incentives with economic sustainability. This work provides a baseline for understanding how a policy framework influences both utility and consumer economics in terms of NEM and solar PV adoption in Arctic and subarctic systems.
Verk
Knowledge creation in small construction firms
(2013-09-03) Durst, Susanne; Edvardsson, Ingi Runar; Bruns, Guido; Department of Business and Economics
Studies on knowledge creation are limited in general, and there is a particular shortage of research on the topic in small and medium-sized enterprises (SMEs). Given the importance of SMEs for the economy and the vital role of knowledge creation in innovation, this situation is unsatisfactory. Accordingly, the purpose of our study is to increase our understanding of how SMEs create new knowledge. Data are obtained through semi-structured interviews with ten managing directors of German SMEs operating in the construction industry. The findings demonstrate the influence of external knowledge sources on knowledge creation activities. Even though the managing directors take advantage of different external knowledge sources, they seem to put an emphasis on informed knowledge sources. The study´s findings advance the limited body of knowledge regarding knowledge creation in SMEs.
Verk
Navigating knowledge hiding : perspectives from hiders and targets in group settings
(2026-01-30) Tokyzhanova, Talshyn; Durst, Susanne; Department of Business and Economics
Purpose – This study aims to investigate the dynamics of knowledge hiding (KH) within group settings, focusing on both the experiences of those who hide knowledge and the perceptions of their group members. Design/methodology/approach – An exploratory study was conducted with 49 undergraduate business students who participated in group-based problem-solving tasks. Some participants were assigned the role of “knowledge hiders.” Data were gathered through observations, pre- and posttask surveys and in-depth interviews. The analysis included quantitative and qualitative approaches, with thematic analysis applied to the qualitative data. Findings – This study identified complex emotional responses among knowledge hiders, including guilt and cognitive conflict, moderated by social context. Hiders used various strategies, including evasive hiding, playing dumb and misdirection. Interestingly, targets often misinterpreted KH behaviors, attributing them to disinterest or discomfort rather than intentional withholding. Research limitations/implications – The controlled setting and short-term interactions may limit generalizability to organizational contexts. Future research should explore the long-term consequences of KH and its occurrence in diverse environments. Practical implications – Organizations may benefit from addressing the underlying causes of KH, such as communication issues and weak social connections, rather than solely focusing on eliminating KH behaviors. Understanding the subtle nature of KH could lead to more effective interventions in fostering open knowledge-sharing cultures. Originality/value – The dual perspective – examining both the hiders’ and targets’ experiences – adds a novel dimension to the KH literature. The findings challenge the assumption that KH always leads to negative outcomes, like mistrust or group conflict, and emphasize how KH is often misperceived in group interactions.
Verk
Rethinking sustainability strategy in Estonian wood manufacturing firms
(2026) Kotov, Arseni; Durst, Susanne; Gerstlberger, Wolfgang Dieter; Department of Business and Economics
Sustainability-oriented innovation (SOI) is an increasingly important means for manufacturing firms to address environmental and social challenges while securing economic returns. Manufacturers exposed to similar sustainability pressures respond to them in strategically different ways. In this study, we examine this variation through the lens of behavioral strategy, focusing on the cognitive foundations of strategic reasoning about SOI. More specifically, we ask what mental representations underlie decision-makers’ reasoning about SOI, how these are updated, and how they are associated with patterns of strategic search. Drawing on a qualitative analysis of interview data from export-oriented wood manufacturing firms in Estonia, we identify three recurring representations of sustainability: inherent and operationally settled, externally prescribed, and evaluatively unsettled. In turn, these representations are translated into judgments about specific alternatives through three evaluative filters: definition, relevance, and feasibility. As new pressures arrive, they typically reinforce the criteria already in use rather than alter the representations themselves, so firms’ search for new options remains incremental. This study operationalizes insights from behavioral strategy for SOI, locating the source of its incrementalism less in what firms attend to but in the evaluative criteria through which decision-makers judge possible responses.
Verk
Rethinking Sustainability in Human Resource Management
(2022-06-01) Edvardsson, Ingi Runar; Durst, Susanne; Department of Business and Economics

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