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These minimize the need for the most capital intensive assets of a fully decarbonized energy economy: low carbon power plants and batteries.
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But they say the Skilling team wanted to get out of capital-intensive assets as quickly as possible.
Constraints on capital mean that it is natural for banks to re-examine their ownership of illiquid, capital-intensive assets.
And the emergence of outsourcing and virtual businesses means that capital-intensive assets can be acquired through alliances or contracts.
Production managers first came into existence not as architects of competitive systems but as custodians of large, capital-intensive assets.
The Trump Administration's infrastructure plan would not be the first tax credit program to spur development and construction of large capital-intensive assets.
Managerial governance occurs in firms that depend primarily on capital-intensive assets suggesting external ownership of the firm.
Dodourova and Bevis (2014) revealed that SMEs benefits greatly from dynamic, knowledge-based, labor-intensive industries but they have limited options in mature capital-intensive asset-based industries.
While the company was in danger of delisting, creditors were reluctant to provide funding, and this led the company to sell its two most capital intensive businesses: its asset development business, and its ESCO business.
But this is now changing, with growing recognition that the financial system suffers from an array of market failures – short-termism, misaligned incentives, inadequate transparency and ill-defined responsibilities – which entrench the allocation of capital towards resource and carbon intensive assets.
Because commercial real estate assets are capital intensive and relatively illiquid, real estate investors have found it hard to hedge their exposure or execute alpha strategies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com