Entrepreneurship Opportunities in the Solar Industry

According to Schumpeter, a great economist, technology revolution can create “gales of creative
destruction” that may result in the elimination of existing industries that are replaced by new ones
which offer more sustainable and profitable opportunities (Schumpeter, 1942).

This paper postulates
that rapid improvements in solar energy technology represent a rare opportunity to create structural
change in the electricity generation industry while providing the United States with sustainable,
competitive energy alternatives and entrepreneurs with enormous wealth creation opportunities.
Specific topics addressed are current and emerging solar energy technologies, estimated market scale
and outlook, and potential entrepreneurship opportunities.

By:

Douglas Causey, Adjunct Instructor
Jackson State University
Department of Entrepreneurship and Professional Development
[email protected]
(601) 979-3326

Vershun L. McClain, Ph.D., Visiting Assistant Professor
Jackson State University
Department of Entrepreneurship and Professional Development
[email protected]
(601) 979-1038

Mary M. White, Associate Professor and Chairperson
Jackson State University
Department of Entrepreneurship and Professional Development
[email protected]
(601) 979-2541

Donald Causey, Assistant Professor
Jackson State University
Department of Entrepreneurship and Professional Development
[email protected]
(601) 979-3326

Full Study: http://sbaer.uca.edu/research/asbe/2009/p03.pdf