Abstract for: Policy Making in a Renewable Energy Manufacturing SME Using System Dynamics
To promote economic growth while enhancing social inclusiveness and ensuring environmental sustainability, the world needs to grow its industries in a sustainable manner. Using system dynamics, the main purposes of this study are defining a general work structure of a small and medium-sized enterprise (SME) which operates newly in the technological innovation and related manufacturing of solar energy technologies, and providing a template for managers in the same firms. Additionally, policies of the company are examined which lead to a better performance defined as more profit through serving more customers as a result of faster dealing with inquiries and fulfilling orders. Model is validated based on the structure verification, behavior reproduction, and behavior prediction tests. According to the results, the more effective policies are making alliances, capture and reuse project knowledge, increasing the customers by market penetration or development, and providing various services especially for large and profitable customers.