Paper Title
ENTREPRENEURSHIP & INNOVATION WITH SUSTAINABILITY - A QUEST
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Registration ID: IJNRD_192676
Published ID: IJNRD2304558
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Keywords
Entrepreneurship, sustainability, Environmental, innovation and motivations
Abstract
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.
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How To Cite (APA)
SHIKHA NAGAR (April-2023). ENTREPRENEURSHIP & INNOVATION WITH SUSTAINABILITY - A QUEST. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(4), f498-f505. https://ijnrd.org/papers/IJNRD2304558.pdf
Issue
Volume 8 Issue 4, April-2023
Pages : f498-f505
Other Publication Details
Paper Reg. ID: IJNRD_192676
Published Paper Id: IJNRD2304558
Research Area: Social Science and Humanitiesรย
Author Type: Indian Author
Country: FARIDABAD, HARYANA, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2304558.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2304558
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