Biodiesel Companies and Institutions in Mexico

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Author(s): José G. Vargas-Hernández (University of Guadalajara, Mexico)and Juan José Esparza López (University of Guadalajara, Mexico)
Copyright: 2019
Pages: 19
Source title: Handbook of Research on Economic and Political Implications of Green Trading and Energy Use
Source Author(s)/Editor(s): Ramesh Chandra Das (Vidyasagar University, India)
DOI: 10.4018/978-1-5225-8547-3.ch011

Keywords: Business Science Reference / Economics and Economic Theory / Environment & Agriculture / Sustainable Development

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Abstract

The objective of the chapter is to analyze the role of the institutions in the biodiesel industry in order to know if there is a relationship with the quality and maturity of the same with the ventures. Starting from a literary review, the framework of the current situation is identified, covering aspects related to formal institutions, laws, rules, regulatory bodies, and the theory that supports the relationship between institutions and entrepreneurship. It is thus concluded that the institutions in Mexico have increased their maturity and incentive to increase the number of producers and distributors of biodiesel, thus taking advantage of the growing market.

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