The concept of sustainable entrepreneurship

For a business to be truly sustainable, it must sustain not only the necessary environmental resources, but also social resources—including employees, customers the communityand its reputation. Sustainability entrepreneurship, in contrast, takes as its root of existence and strategic aim to solve a sustainability-related problem.


In the past, the standard approaches to environmental problems generated by business and industry have been regulatory-driven "end-of-the-pipe" remediation efforts.

Peace and security 2. Previous article in issue. The company claims to offer the first carbon neutral coffee sold in Canada.

Sustainable Businesses[ edit ] The Harvard Business School business historian Geoffrey Jones academic has traced the historical origins of green business back to pioneering start-ups in organic food and wind and solar energy before World War 1.

The concept of sustainable The concept of sustainable entrepreneurship has been furthered enriched by the new field of ecological economics popularized by Dr.

Future development[ edit ] Given its recent date, there is a need for future research, as mentioned above.

At first blush, this challenge might make many corporate executives cringe. By providing micro-loans and larger investments, these firms assist small business owners in developing nations who seek business education, affordable loans, and new distribution networks for their "green" products.

In a business context it means to undertake a business venture. They are broken down by the detritus organisms after the products lose their usefulness.

But I am not. This can present a major challenge due to the differences between the old and the new model and the respective skills, resources and infrastructure needed.

This means that all three dimensions are simultaneously present: Furthermore, employees are constantly encouraged to find ways to reduce consumption. Ecological economics distinguishes itself from neoclassical economics primarily by the assertion that economics is a subfield of ecology, in that ecology deals with the energy and matter transactions of life and the Earth, and the human economy is by definition contained within this system.

It has been recommended, though, to keep the research applied, to identify obstacles and institutional barriers, and how to overcome them; i.

Organizations also can encourage education in their communities by training their employees and offering internships to younger members of the community. Entrepreneurialism What Is Sustainable Entrepreneurship?

Sustainable business

Collaboration The formation of networks with similar or partner companies facilitates knowledge sharing and propels innovation. Arthur was very interested in explaining how economic markets work, how business forms, in terms the natural world, and how the human organization, in order to grow, must adapt and assimilate to its environment, constantly adjusting to changes.Sustainable business, or a green business, is an enterprise that has minimal negative impact on the global or local environment, community, society, or economy—a business that strives to meet the triple bottom line.

Concept of Entrepreneurship Entrepreneurship involves decision making, innovation, implementation, forecasting of the future, independency, and success first and this is how enterprenuership developed Entrepreneurship is a discipline with a /5(65).

What Is Sustainable Entrepreneurship?

Sustainable entrepreneurship and innovation Anne Gerlach Finally, it is concluded that a concept of sustainable entrepreneurship should consider factors that provide an innovative environment and thus foster the appearance of promoters and facilitate entrepreneurial behaviour.

This literature review focused on sustainable entrepreneurship, in which a definition was proposed. Then, based upon the concept of triple bottom line, a.

Culturally sustainable entrepreneurship is an emerging concept with linkages to many other fields of study. The emerging literature within cultural tourism, sustainable tourism, and tourism entrepreneurship indicate that scholars and practitioners are interested in finding solutions that promote cultural sustainability through entrepreneurial.

Executive summaryThis article outlines the emerging research and potential future research directions concerned with sustainable development and entrepreneurship, the focus of this special issue of the Journal of Business ultimedescente.comnable development has emerged as an influential, albeit controversial, concept for business and policy.

The concept of sustainable entrepreneurship
Rated 4/5 based on 12 review