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https://doi.org/10.1080/1331677X.2022.2093767

Green entrepreneurship in challenging times: a quantitative approach for European countries

Maria Denisa Vasilescu
Gina Cristina Dimian
Giani Ionel Gradinaru


Puni tekst: engleski pdf 2.563 Kb

str. 1828-1847

preuzimanja: 1.482

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Sažetak

The aim of the study is to deep dive into the potential of green
entrepreneurship and its drivers in a time of multiple challenges
when green growth seeks to reconcile economic and sustainable
development goals. The need for responsible business models has
become evident in recent years, and companies that offer green
products or services are creative, eco-friendly growth incubators
and important economic actors that can change the future of society.
We used a logistic regression model for 7326 companies from
36 European countries to identify what influences the decision to
go green, including supply and demand factors, measures for
resource efficiency and targeted policies. We found that the company’s
age, its financial performance, the country’s level of development,
as well as the incentive measures have a significant potential
of stimulating green entrepreneurship. Our results highlight the
overwhelming importance of financing. Firms in less developed
countries face difficulties in developing green products and services,
so support programs are needed to build green entrepreneurship in
some regions. Many entrepreneurs in less developed countries are
highly educated, creative, and innovative, so they can successfully
run sustainable business models if the transfer of good practices is
accompanied by an infusion of capital

Ključne riječi

Green entrepreneurship; sustainable development; logistic regression; business models; resource efficiency; public policies

Hrčak ID:

304193

URI

https://hrcak.srce.hr/304193

Datum izdavanja:

31.3.2023.

Posjeta: 1.717 *