IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2024i22p9742-d1516658.html

Implications of Innovative Strategies for Sustainable Entrepreneurship—Solutions to Combat Climate Change

Author

Listed:
  • Oana Pricopoaia

    (Faculty of Economics and Business Administration, Dunărea de Jos University of Galati, 800008 Galati, Romania)

  • Adrian Lupașc

    (Faculty of Economics and Business Administration, Dunărea de Jos University of Galati, 800008 Galati, Romania)

  • Iuliana Oana Mihai

    (Faculty of Economics and Business Administration, Dunărea de Jos University of Galati, 800008 Galati, Romania)

Abstract

We face significant challenges related to sustainability and social responsibility, so sustainable entrepreneurship is a key way to help address these issues. How can sustainable entrepreneurship contribute to combating climate change? This is the question from which this research started. The paper proposes important research directions to develop innovative and sustainable solutions tailored to the problem. By investigating the impact of different innovation strategies, the study aims to provide concrete recommendations to all stakeholders. Recognizing that effective climate action requires collaboration among government, businesses, non-governmental organizations, and citizens, the study emphasizes the importance of raising awareness, education, and access to information. Using fsQCA software version 4.1, the research analyzes various innovation strategies to develop tailored, sustainable solutions. The findings offer concrete recommendations for stakeholders, aiming to facilitate the implementation of sustainable practices and foster a supportive framework for green initiatives. Ultimately, this study contributes to efforts aimed at reducing the carbon footprint and promoting a more responsible economic model in Romania. The results not only provide concrete recommendations for relevant actors but also outline a strategic vision on how a more responsible economic model can be promoted in Romania, with the potential to influence sustainable development policies and inspire future initiatives.

Suggested Citation

  • Oana Pricopoaia & Adrian Lupașc & Iuliana Oana Mihai, 2024. "Implications of Innovative Strategies for Sustainable Entrepreneurship—Solutions to Combat Climate Change," Sustainability, MDPI, vol. 16(22), pages 1-25, November.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:22:p:9742-:d:1516658
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/22/9742/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/16/22/9742/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Frank Martin Belz & Julia Katharina Binder, 2017. "Sustainable Entrepreneurship: A Convergent Process Model," Business Strategy and the Environment, Wiley Blackwell, vol. 26(1), pages 1-17, January.
    2. Crecente, Fernando & Sarabia, María & Teresa del Val, María, 2021. "Climate change policy and entrepreneurial opportunities," Technological Forecasting and Social Change, Elsevier, vol. 163(C).
    3. Zahra, Shaker A. & Gedajlovic, Eric & Neubaum, Donald O. & Shulman, Joel M., 2009. "A typology of social entrepreneurs: Motives, search processes and ethical challenges," Journal of Business Venturing, Elsevier, vol. 24(5), pages 519-532, September.
    4. Dev K. Dutta & Mary M. Crossan, 2005. "The Nature of Entrepreneurial Opportunities: Understanding the Process Using the 4I Organizational Learning Framework," Entrepreneurship Theory and Practice, , vol. 29(4), pages 425-449, July.
    5. Zawieska, Jakub & Pieriegud, Jana, 2018. "Smart city as a tool for sustainable mobility and transport decarbonisation," Transport Policy, Elsevier, vol. 63(C), pages 39-50.
    6. Cohen, Boyd & Winn, Monika I., 2007. "Market imperfections, opportunity and sustainable entrepreneurship," Journal of Business Venturing, Elsevier, vol. 22(1), pages 29-49, January.
    7. Kristel Buysse & Alain Verbeke, 2003. "Proactive environmental strategies: a stakeholder management perspective," Strategic Management Journal, Wiley Blackwell, vol. 24(5), pages 453-470, May.
    8. Gillian Rice, 2006. "Pro-environmental Behavior in Egypt: Is there a Role for Islamic Environmental Ethics?," Journal of Business Ethics, Springer, vol. 65(4), pages 373-390, June.
    9. Goodland, Robert, 1997. "Environmental sustainability in agriculture: diet matters," Ecological Economics, Elsevier, vol. 23(3), pages 189-200, December.
    10. Woo-Jin Lee & Rose Mwebaza, 2021. "Digitalization to Achieve Technology Innovation in Climate Technology Transfer," Sustainability, MDPI, vol. 14(1), pages 1-14, December.
    11. Barry Smit & Ian Burton & Richard Klein & J. Wandel, 2000. "An Anatomy of Adaptation to Climate Change and Variability," Climatic Change, Springer, vol. 45(1), pages 223-251, April.
    12. Byrnes, Liam & Brown, Colin & Foster, John & Wagner, Liam D., 2013. "Australian renewable energy policy: Barriers and challenges," Renewable Energy, Elsevier, vol. 60(C), pages 711-721.
    13. Gary S. Becker, 1994. "Summary and Conclusions, Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition, pages 245-256, National Bureau of Economic Research, Inc.
    14. James Austin & Howard Stevenson & Jane Wei–Skillern, 2006. "Social and Commercial Entrepreneurship: Same, Different, or Both?," Entrepreneurship Theory and Practice, , vol. 30(1), pages 1-22, January.
    15. Gary S. Becker, 1994. "Introduction to the First Edition of Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition, pages 11-14, National Bureau of Economic Research, Inc.
    16. Gary S. Becker, 1994. "Introduction to the Second Edition of Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition, pages 3-10, National Bureau of Economic Research, Inc.
    17. Pablo Muñoz & Boyd Cohen, 2018. "Sustainable Entrepreneurship Research: Taking Stock and looking ahead," Business Strategy and the Environment, Wiley Blackwell, vol. 27(3), pages 300-322, March.
    18. Souitaris, Vangelis & Zerbinati, Stefania & Al-Laham, Andreas, 2007. "Do entrepreneurship programmes raise entrepreneurial intention of science and engineering students? The effect of learning, inspiration and resources," Journal of Business Venturing, Elsevier, vol. 22(4), pages 566-591, July.
    19. Stefan Schaltegger & Marcus Wagner, 2011. "Sustainable entrepreneurship and sustainability innovation: categories and interactions," Business Strategy and the Environment, Wiley Blackwell, vol. 20(4), pages 222-237, May.
    20. Gary S. Becker, 1994. "Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition," NBER Books, National Bureau of Economic Research, Inc, number beck94-1, October.
    21. Stefan Seuring, 2004. "Industrial ecology, life cycles, supply chains: differences and interrelations," Business Strategy and the Environment, Wiley Blackwell, vol. 13(5), pages 306-319, September.
    22. Gary S. Becker, 1994. "Appendix A, Sources and Methods, Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition, pages 351-369, National Bureau of Economic Research, Inc.
    23. Marletto, Gerardo, 2019. "Who will drive the transition to self-driving? A socio-technical analysis of the future impact of automated vehicles," Technological Forecasting and Social Change, Elsevier, vol. 139(C), pages 221-234.
    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. Arie Pratama & Nunuy Nur Afiah & Rina Fadhilah Ismail, 2025. "Climate Change Management and Firm Value: Insights from Southeast Asia Markets (A Survey of Public Companies in Indonesia, Malaysia and Thailand for the 2022–2023 Period)," Sustainability, MDPI, vol. 17(11), pages 1-30, May.
    2. Kamer Ilgin Cakiroglu & Korkmaz Yildirim & Tunahan Haciimamoglu & Coskun Erkan, 2025. "From Entrepreneurship to Sustainable Futures: Investigating the Nexus Between New Business Density, Economic Growth, and Carbon Emissions," Sustainability, MDPI, vol. 17(12), pages 1-21, June.
    3. Dimitris Manolopoulos & Michail Xenakis & Panagiota Karvela, 2025. "Paving the Way to Success: Linking the Strategic Ecosystem of Entrepreneurial Start-Ups with Market Performance," Sustainability, MDPI, vol. 17(18), pages 1-25, September.
    4. Xiao-Min Yu, 2025. "How Does Revenue Diversification Affect the Financial Health of Sustainable Entrepreneurship Organizations in China? A Fuzzy Set Qualitative Comparative Analysis," Sustainability, MDPI, vol. 17(10), pages 1-17, May.

    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. Lubica Stiblarova & Anna Tykhonenko, 2025. "Talent vs. Hard Work: On the Heterogeneous Role of Human Capital in FDI Across EU Member States," GREDEG Working Papers 2025-11, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    2. Libh Anthony L. Limama & Glenne B. Lagura & Romalie F. Galleto, 2025. "Employment Trends and Sectoral Integration of Public Administration Graduates: A Tracer Study (2018–2023)," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(3), pages 4980-4996, March.
    3. A. Bhuvaneskumar & Jithin Benedict & Mahalakshmi Sankar, 2024. "Does Financial Inclusion and Human Development Progress Sustainably? Evidence from Emerging Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 171(1), pages 189-213, January.
    4. KonShik Kim, 2024. "Impacts of Early Youth Unemployment Self-Esteem and Quality of Life: Moderating Effects of Career Unemployment," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 19(5), pages 2871-2894, October.
    5. Brunella Arru, 2020. "An integrative model for understanding the sustainable entrepreneurs’ behavioural intentions: an empirical study of the Italian context," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(4), pages 3519-3576, April.
    6. Epie Benjamin NDAPE, PhD, 2025. "Looking Back, Looking Forward: The Future of History Education in Africa Focusing on History Education and the Graduate Employability Equation in Africa, the Case of Cameroon," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(9), pages 1716-1722, September.
    7. Lara Fleck & Melline Somers & Tom Stolp & Wim Groot & Frits Merode & Ralph Vries, 2025. "The Effectiveness of Interventions to Increase Employment in Education and Healthcare: A Systematic Literature Review," De Economist, Springer, vol. 173(1), pages 1-45, March.
    8. Alice Civera & Michele Meoli, 2025. "Sustainability orientation of academic spinoffs: does it pay?," Small Business Economics, Springer, vol. 65(3), pages 1727-1753, October.
    9. Norashida Othman & Siti Norida Wahab & Mohamad Amirul Bakhtiar Jemily & Farah Raihana Ismail & Rosli Atan, 2025. "Humanitarian Aid and Economic Growth: A Panel Data Analysis of ASEAN, China and India," Information Management and Business Review, AMH International, vol. 17(3), pages 47-54.
    10. Bonfanti, Angelo & De Crescenzo, Veronica & Simeoni, Francesca & Loza Adaui, Cristian R., 2024. "Convergences and divergences in sustainable entrepreneurship and social entrepreneurship research: A systematic review and research agenda," Journal of Business Research, Elsevier, vol. 170(C).
    11. Milan van den Heuvel & Jan Ryckebusch & Koen Schoors & Tarik Roukny, 2022. "Financial wealth and early income mobility," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 9(1), pages 1-10, December.
    12. Miaomiao Tao & Marcus Jude P. San Pedro & David Roubaud & Aviral Kumar Tiwari, 2025. "From Digital Clusters to Urban Environmental Sustainability: New Mechanisms and Spillover Effects," Sustainable Development, John Wiley & Sons, Ltd., vol. 33(5), pages 7363-7386, October.
    13. Elias Julio Jorge & Forzani Agustin, 2025. "Innovators and Innovations in the Agricultural Sector in the Province of Santa Fe, Argentina," Asociación Argentina de Economía Política: Working Papers 4797, Asociación Argentina de Economía Política.
    14. James Chowhan & Hossein Samavatyan & Farimah HakemZadeh, 2024. "Life Satisfaction and the Roles of Work, Family, and Social Factors in a Social Production Function Framework," Journal of Happiness Studies, Springer, vol. 25(1), pages 1-24, February.
    15. Charles Mathies & Hannu Karhunen & Stephen L. DesJardins, 2025. "If You Charge Them, Will They Come? The Effect of Levying Tuition Fees on International Students," Research in Higher Education, Springer;Association for Institutional Research, vol. 66(6), pages 1-38, September.
    16. Theodore Tarnanidis & Jason Papathanasiou & Demetres Subeniotis, 2019. "How Far the TBL Concept of Sustainable Entrepreneurship Extends Beyond the Various Sustainability Regulations: Can Greek Food Manufacturing Enterprises Sustain Their Hybrid Nature Over Time?," Journal of Business Ethics, Springer, vol. 154(3), pages 829-846, February.
    17. Elias L Khalil, 2024. "Refined tastes, coarse tastes: Solving the stratification-of-goods enigma," Rationality and Society, , vol. 36(3), pages 373-400, August.
    18. Olatunji A. Shobande & Simplice A. Asongu, 2021. "Has Knowledge Improved Economic Growth? Evidence from Nigeria and South Africa," Working Papers 21/059, European Xtramile Centre of African Studies (EXCAS).
    19. Jip Leendertse & Frank J. van Rijnsoever & Chris P. Eveleens, 2021. "The sustainable start‐up paradox: Predicting the business and climate performance of start‐ups," Business Strategy and the Environment, Wiley Blackwell, vol. 30(2), pages 1019-1036, February.
    20. Pham, Thi Trang & Wong, Pui Hang, 2025. "Internet Access and Youth’s Mental Health and Well-being," MERIT Working Papers 2025-007, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).

    More about this item

    Keywords

    ;
    ;
    ;

    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:gam:jsusta:v:16:y:2024:i:22:p:9742-:d:1516658. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.