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Sustainable Development in the Digital Age of Entrepreneurship

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  • Ewa Stawicka

    (Management Institute, Warsaw University of Life Sciences (WULS), 02-787 Warszawa, Poland)

Abstract

The purpose of this article is to present a research model that examines dependencies of how aspects of corporate social responsibility (CSR)—specifically, communication with stakeholders, knowledge management, and strategy—influence the building of a sustainable development model in enterprises. An instrument with four constructs (CSR-communication with stakeholders, CSR-knowledge management, CSR-strategy, and sustainable development) was prepared and served to entities from medium-sized enterprises. The collected data was analyzed by modeling the partial least squares structural equations using the least squares method. The results showed that all three constructs (CSR-communication with stakeholders, CSR-knowledge management, CSR-strategy) were positively and strongly associated with sustainable development model building in enterprises. The practical implications were intended to provide an understanding of behavior related to the development of business models oriented towards sustainable development in the small business sector. Research can help companies identify the advantages and disadvantages of retaining existing users and attracting new users by communicating with stakeholders, managing knowledge, and creating responsible strategies. This study enriches the literature by contributing to general knowledge about creating a model of sustainable development. Social reports on actions for sustainable development are of particular importance, and this topic is also important for the small and medium sized enterprises (SME) sector.

Suggested Citation

  • Ewa Stawicka, 2021. "Sustainable Development in the Digital Age of Entrepreneurship," Sustainability, MDPI, vol. 13(8), pages 1-11, April.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:8:p:4429-:d:536968
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    References listed on IDEAS

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    Cited by:

    1. Olena Oliinyk & Halyna Mishchuk & Laszlo Vasa & Katalin Kozma, 2023. "Social Responsibility: Opportunities for Integral Assessment and Analysis of Connections with Business Innovation," Sustainability, MDPI, vol. 15(6), pages 1-17, March.
    2. Gloria Macassa & Mamunur Rashid & Brita Backlund Rambaree & Ehsanul Huda Chowdhury, 2022. "Corporate Social Responsibility Reporting for Stakeholders’ Health and Wellbeing in the Food and Beverage Industry: A Case Study of a Multinational Company," Sustainability, MDPI, vol. 14(9), pages 1-10, April.
    3. Ralph Sonntag & Gerard J. Lewis & Andrzej Raszkowski, 2022. "The Importance of Implementing SDGs by Small and Medium Size Enterprises: Evidence from Germany and Poland," Sustainability, MDPI, vol. 14(24), pages 1-14, December.
    4. Guangping Xu & Guangyuan Hou & Jinshan Zhang, 2022. "Digital Sustainable Entrepreneurship: A Digital Capability Perspective through Digital Innovation Orientation for Social and Environmental Value Creation," Sustainability, MDPI, vol. 14(18), pages 1-24, September.
    5. Ewa Stawicka, 2021. "Sustainable Business Strategies as an Element Influencing Diffusion on Innovative Solutions in the Field of Renewable Energy Sources," Energies, MDPI, vol. 14(17), pages 1-13, September.
    6. Andreja Mihailović & Julija Cerović Smolović & Ivan Radević & Neli Rašović & Nikola Martinović, 2021. "COVID-19 and Beyond: Employee Perceptions of the Efficiency of Teleworking and Its Cybersecurity Implications," Sustainability, MDPI, vol. 13(12), pages 1-26, June.
    7. Sebastjan Lazar & Vojko Potočan & Dorota Klimecka-Tatar & Matevz Obrecht, 2022. "Boosting Sustainable Operations with Sustainable Supply Chain Modeling: A Case of Organizational Culture and Normative Commitment," IJERPH, MDPI, vol. 19(17), pages 1-23, September.
    8. Régis Y. Chenavaz & Alexandra Couston & Stéphanie Heichelbech & Isabelle Pignatel & Stanko Dimitrov, 2023. "Corporate Social Responsibility and Entrepreneurial Ventures: A Conceptual Framework and Research Agenda," Sustainability, MDPI, vol. 15(11), pages 1-30, May.

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