Lesson learned of business strategy of supercapacitor battery and lithium ion battery: A comparative study

Betsyeda Frea Anuarita

doi:10.20961/esta.v3i2.87143

Lesson learned of business strategy of supercapacitor battery and lithium ion battery: A comparative study

Betsyeda Frea Anuarita

Abstract

Increasing carbon emissions are becoming a major issue in the growth of the renewable energy storage industry. One of the keys to this growth is understanding the business strategy of developing and implementing energy storage technologies such as lithium ion batteries and supercapacitors. This is done by exploring the innovation and entrepreneurship system of a successful company as a business strategy lesson by providing technology commercialization research based on comparative research currently conducted by established battery companies. This research provides a holistic view of the successes and challenges in both batteries by analyzing the dynamics of market conditions and the latest developments in both batteries. This research utilizes quantitative study methods as a comparative and complementary to produce valid conclusions. This research resulted in a proposal for the manufacture of lithium ion batteries and supercapacitors. On the other hand, this research can be used for start-ups in establishing businesses in the renewable energy industry. This research is a step forward in the literature gap regarding the sustainable transformation of energy storage as well as, providing a better view of the future prospects of both technologies in the energy storage industry.

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DOI: https://doi.org/10.20961/esta.v3i2.87143