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Climate change policy and entrepreneurial opportunities

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  • Crecente, Fernando
  • Sarabia, María
  • Teresa del Val, María

Abstract

In the current era, the new climate change policy -based on the Sustainable Development Goals (SDGs)- is the inspiration for many types of entrepreneurship which combine value creation with conservation and social protection. In order to obtain a radiography of the European entrepreneurship associated to climate change policy, this paper proposes a study of 22 European countries between the years 2014 and 2017. This sample is obtained from two worthy databases -Eurostat and Global Entrepreneurship Monitor (GEM)- and some variables as contribution to the international 100bn USD commitment on climate related expending, eco-innovation ratio and total entrepreneurial activity (TEA) are used for identifying this kind of sustainable entrepreneurship. Logit modeling is the methodology used for relating the impact of circular economy to entrepreneurial opportunities. This paper concludes that: sustainable entrepreneurship in Europe does not follow a unique model due to the opportunities of Climate change are not taken advance of the same way.

Suggested Citation

  • Crecente, Fernando & Sarabia, María & Teresa del Val, María, 2021. "Climate change policy and entrepreneurial opportunities," Technological Forecasting and Social Change, Elsevier, vol. 163(C).
    • Handle: RePEc:eee:tefoso:v:163:y:2021:i:c:s0040162520312725
    DOI: 10.1016/j.techfore.2020.120446
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