INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
The purpose of this paper is to propose a framework to position sustainable entrepreneurship in relation to sustainability innovation. There is an increasing interest in how sustainable entrepreneurship can balance people development, profit generation and planet protection to create better social, economic and environmental outcomes. Firms need to develop sustainable business processes, stakeholder engagement and sustainable innovations to achieve venture success. This probe will use literature review and Primary research on textile industry and the evaluation of secondary sources to bring more depth to the cases. This framework will build sustainable entrepreneurship, develops it by including social and institutional entrepreneurship, i.e. the application of the entrepreneurial approach towards meeting societal goals and towards changing market contexts, and relates it to sustainability innovation. The framework provides a reference for managers to introduce sustainability innovation and to pursue sustainable entrepreneurship. The degree of environmental or social responsibility orientation in the company is assessed on the basis of environmental and social goals and policies, the organization of environmental and social management in the company and the communication of environmental and social issues. The paper finds conditions under which sustainable entrepreneurship and sustainability innovation emerge spontaneously. The paper makes a contribution in showing that extant research needs to be expanded with regard to motivations for innovation and that earlier models of sustainable entrepreneurship need to be refined.
Keywords:
Entrepreneurship, sustainability, Environmental, innovation and motivations
Cite Article:
"ENTREPRENEURSHIP & INNOVATION WITH SUSTAINABILITY - A QUEST", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 4, page no.f498-f505, April-2023, Available :http://www.ijnrd.org/papers/IJNRD2304558.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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