IDEAS home Printed from https://ideas.repec.org/a/bla/bstrat/v34y2025i3p3796-3826.html

Framing Entrepreneurial Ideas for Sustainability: How Do Purpose‐Driven Startups Include the Sustainable Development Goals in Their Pitches?

Author

Listed:
  • Ulla A. Saari
  • Annabeth Aagaard
  • Leona Achtenhagen
  • Saku J. Mäkinen

Abstract

This paper investigates how entrepreneurs frame the sustainability of their business ventures when pitching their business prospects and sustainability approaches to investors. Drawing on framing theory, this research explores the classification and application of sustainability‐related frames employed in business pitches. A qualitative multiple case study methodology is applied to collect and analyze data from startup pitches presented at the startup event Slush, which is held annually in Finland. The sample consists of active startups and those that did not survive following the pitching event. The Need–Approach–Benefit–Competition (NABC) pitching model and the UN's Sustainable Development Goals serve as frameworks for systematically analyzing the content of the verbal pitch presentations. We disentangle how entrepreneurs formulate business ideas within frames related to sustainability themes on the micro, meso, and macro levels using cognitive, strategic, technological, and institutional frames. The resulting model distinguishes between different combinations of sustainability framing elements applied in startup pitches.

Suggested Citation

  • Ulla A. Saari & Annabeth Aagaard & Leona Achtenhagen & Saku J. Mäkinen, 2025. "Framing Entrepreneurial Ideas for Sustainability: How Do Purpose‐Driven Startups Include the Sustainable Development Goals in Their Pitches?," Business Strategy and the Environment, Wiley Blackwell, vol. 34(3), pages 3796-3826, March.
  • Handle: RePEc:bla:bstrat:v:34:y:2025:i:3:p:3796-3826
    DOI: 10.1002/bse.4164
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/bse.4164
    Download Restriction: no

    File URL: https://libkey.io/10.1002/bse.4164?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. repec:eme:aaaj00:aaaj-03-2018-3432 is not listed on IDEAS
    2. Pilar Arroyo & Lorena Carrete, 2019. "Motivational drivers for the adoption of green energy," Management Research Review, Emerald Group Publishing Limited, vol. 42(5), pages 542-567, January.
    3. Yuliya Snihur & Llewellyn D. W. Thomas & Raghu Garud & Nelson Phillips, 2022. "Entrepreneurial Framing: A Literature Review and Future Research Directions," Entrepreneurship Theory and Practice, , vol. 46(3), pages 578-606, May.
    4. Denise Falchetti & Gino Cattani & Simone Ferriani, 2022. "Start with “Why,” but only if you have to: The strategic framing of novel ideas across different audiences," Strategic Management Journal, Wiley Blackwell, vol. 43(1), pages 130-159, January.
    5. Geoffrey Desa & Suresh Kotha, 2006. "Ownership, Mission and Environment: An Exploratory Analysis into the Evolution of a Technology Social Venture," Palgrave Macmillan Books, in: Johanna Mair & Jeffrey Robinson & Kai Hockerts (ed.), Social Entrepreneurship, chapter 11, pages 155-179, Palgrave Macmillan.
    6. Johanna Mair & Ignasi Marti, 2006. "Social Entrepreneurship Research: A Source of Explanation, Prediction, and Delight," Post-Print hal-02311880, HAL.
    7. Parhankangas, Annaleena & Renko, Maija, 2017. "Linguistic style and crowdfunding success among social and commercial entrepreneurs," Journal of Business Venturing, Elsevier, vol. 32(2), pages 215-236.
    8. Michael Spence, 2002. "Signaling in Retrospect and the Informational Structure of Markets," American Economic Review, American Economic Association, vol. 92(3), pages 434-459, June.
    9. Michael Lounsbury & Mary Ann Glynn, 2001. "Cultural entrepreneurship: stories, legitimacy, and the acquisition of resources," Strategic Management Journal, Wiley Blackwell, vol. 22(6‐7), pages 545-564, June.
    10. Matthew P. Johnson & Stefan Schaltegger, 2020. "Entrepreneurship for Sustainable Development: A Review and Multilevel Causal Mechanism Framework," Entrepreneurship Theory and Practice, , vol. 44(6), pages 1141-1173, November.
    11. Maria Figueroa-Armijos & John P. Berns, 2022. "Vulnerable Populations and Individual Social Responsibility in Prosocial Crowdfunding: Does the Framing Matter for Female and Rural Entrepreneurs?," Journal of Business Ethics, Springer, vol. 177(2), pages 377-394, May.
    12. Huang, Jin & Sena, Vania & Li, Jun & Ozdemir, Sena, 2021. "Message framing in P2P lending relationships," Journal of Business Research, Elsevier, vol. 122(C), pages 761-773.
    13. McKnight, Brent & Zietsma, Charlene, 2018. "Finding the threshold: A configurational approach to optimal distinctiveness," Journal of Business Venturing, Elsevier, vol. 33(4), pages 493-512.
    14. C. Bhattacharya & Daniel Korschun & Sankar Sen, 2009. "Strengthening Stakeholder–Company Relationships Through Mutually Beneficial Corporate Social Responsibility Initiatives," Journal of Business Ethics, Springer, vol. 85(2), pages 257-272, April.
    15. David Barberá-Tomás & Itziar Castelló & Frank de Bakker & Charlene Zietsma, 2019. "Energizing through Visuals: How Social Entrepreneurs Use Emotion-Symbolic Work for Social Change," Post-Print hal-02511088, HAL.
    16. Pilar Arroyo & Lorena Carrete, 2019. "Motivational drivers for the adoption of green energy," Management Research Review, Emerald Group Publishing Limited, vol. 42(5), pages 542-567, January.
    17. Katherina Glac, 2009. "Understanding Socially Responsible Investing: The Effect of Decision Frames and Trade-off Options," Journal of Business Ethics, Springer, vol. 87(1), pages 41-55, April.
    18. Lockett, Andy & Murray, Gordon & Wright, Mike, 2002. "Do UK venture capitalists still have a bias against investment in new technology firms," Research Policy, Elsevier, vol. 31(6), pages 1009-1030, August.
    19. Ulrika Harlin & Martina Berglund, 2021. "Designing for sustainable work during industrial startups—the case of a high-growth entrepreneurial firm," Small Business Economics, Springer, vol. 57(2), pages 807-819, August.
    20. Darlene Himick & Kate Ruff, 2019. "Counter accounts of profit: outrage to action through “just” calculation," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 33(4), pages 699-726, July.
    21. David Clingingsmith & Scott Shane, 2018. "Training Aspiring Entrepreneurs to Pitch Experienced Investors: Evidence from a Field Experiment in the United States," Management Science, INFORMS, vol. 64(11), pages 5164-5179, November.
    22. Stroe, Silvia & Sirén, Charlotta & Parida, Vinit & Wincent, Joakim, 2022. "Framing ideas for new venture resources acquisition in crises: An fsQCA analysis," Journal of Business Venturing Insights, Elsevier, vol. 17(C).
    23. Mair, Johanna & Martí, Ignasi, 2006. "Social entrepreneurship research: A source of explanation, prediction, and delight," Journal of World Business, Elsevier, vol. 41(1), pages 36-44, February.
    24. Dubois, Anna & Gadde, Lars-Erik, 2002. "Systematic combining: an abductive approach to case research," Journal of Business Research, Elsevier, vol. 55(7), pages 553-560, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Corina Joseph & Azura Ahmad & Mariam Rahmat & Saifulrizan Norizan & Taufiq Arifin, 2025. "Perception of Readiness among Malaysian and Indonesian Accounting Students in the Sustainable Development Goal (SDG) No. 13 Pitching Video Competition," Information Management and Business Review, AMH International, vol. 17(3), pages 14-28.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shu-Chen Chang & Hua-Wei Hung, 2026. "Ethos-Based Entrepreneurial Framing: The Case Study of Alibaba’s Jack Ma," International Entrepreneurship and Management Journal, Springer, vol. 22(1), pages 1-26, March.
    2. Leitão, Maria Eugénia & Amaral, Miguel & Carvalho, Ana, 2024. "Reconceptualizing socio-tech entrepreneurship: A systematic literature review and research agenda," Technovation, Elsevier, vol. 134(C).
    3. Karin Kreutzer, 2022. "On the Discursive Construction of Social Entrepreneurship in Pitch Situations: The Intertextual Reproduction of Business and Social Discourse by Presenters and Their Audience," Journal of Business Ethics, Springer, vol. 179(4), pages 1071-1090, September.
    4. Erik Lundmark & Anna Krzeminska & Hana Milanov, 2025. "“The Odd Ones Out†: How Root Metaphors From Management Studies are Used in Mainstream Entrepreneurship Research," Entrepreneurship Theory and Practice, , vol. 49(6), pages 1597-1632, November.
    5. Ruebottom, Trish, 2013. "The microstructures of rhetorical strategy in social entrepreneurship: Building legitimacy through heroes and villains," Journal of Business Venturing, Elsevier, vol. 28(1), pages 98-116.
    6. Krlev, Gorgi, 2026. "Social entrepreneurship mechanisms for systems change: A structuration approach," Journal of Business Venturing, Elsevier, vol. 41(2).
    7. Aikaterini Argyrou & Nicolas Chevrollier & Andre Nijhof, 2023. "The versatile role of sustainable market entrepreneurs in market transformation: An intervention framework for institutional change," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 259-273, January.
    8. Vossen, Alexander & Ihl, Christoph, 2020. "More than words! How narrative anchoring and enrichment help to balance differentiation and conformity of entrepreneurial products," Journal of Business Venturing, Elsevier, vol. 35(6).
    9. Guillaume Dumont, 2024. "Evaluating the Credibility of Entrepreneurs’ Impact Promises in Early-Stage Impact Investing," Entrepreneurship Theory and Practice, , vol. 48(6), pages 1525-1555, November.
    10. Brandon H. Lee & Panayiotis Panikos Georgallis & Jeroen Struben, 2022. "Sustainable entrepreneurship under market uncertainty," Post-Print hal-04325583, HAL.
    11. Jorge S. Rodriguez-Garcia, 2022. "Implications of research on social entrepreneurship in times of COVID-19: a business management approach," Scientia et PRAXIS, AMIDI Editorial, vol. 2(4), pages 38-58, July-Dece.
    12. Karina Cagarman & Jan Kratzer & Laura Helen von Arnim & Kristina Fajga & Michaela Jacqueline Gieseke, 2020. "Social Entrepreneurship on Its Way to Significance: The Case of Germany," Sustainability, MDPI, vol. 12(21), pages 1-13, October.
    13. Wagenschwanz, Anna M. & Grimes, Matthew G., 2021. "Navigating compromise: How founder authenticity affects venture identification amidst organizational hybridity," Journal of Business Venturing, Elsevier, vol. 36(2).
    14. Chi Nguyen Nghia, 2023. "An Exploratory Study of the Process Model of Social Problem-Solving in Social Entrepreneurship Research," Business & Entrepreneurship Journal, SCIENPRESS Ltd, vol. 12(2), pages 1-5.
    15. Xing Li & Niels Bosma, 2025. "Institutional Theory in Social Entrepreneurship: A Review and Consideration of Ethics," Journal of Business Ethics, Springer, vol. 200(3), pages 529-556, September.
    16. Garud, Raghu & Phillips, Nelson & Snihur, Yuliya & Thomas, Llewellyn D.W. & Zietsma, Charlene, 2026. "Hype in entrepreneurial settings," Journal of Business Venturing, Elsevier, vol. 41(2).
    17. Lortie, Jason & Cox, Kevin C. & Roundy, Philip T., 2022. "Social impact models, legitimacy perceptions, and consumer responses to social ventures," Journal of Business Research, Elsevier, vol. 144(C), pages 312-321.
    18. Sahasranamam, Sreevas & Nandakumar, M.K., 2020. "Individual capital and social entrepreneurship: Role of formal institutions," Journal of Business Research, Elsevier, vol. 107(C), pages 104-117.
    19. Niklas Fernqvist & Mats Lundqvist, 2021. "Entrepreneurial Sustainability Engagement of Insiders Initiating Energy System Transition," Sustainability, MDPI, vol. 13(2), pages 1-16, January.
    20. Mair, Johanna & Gegenhuber, Thomas & Thäter, Laura & Lührsen, René, 2023. "Pathways and mechanisms for catalyzing social impact through Orchestration: Insights from an open social innovation project," Journal of Business Venturing Insights, Elsevier, vol. 19(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:bstrat:v:34:y:2025:i:3:p:3796-3826. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-0836 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.