IDEAS home Printed from https://ideas.repec.org/a/rrs/journl/v5y2011i1p54-69.html
   My bibliography  Save this article

The Role Of Firms And Entrepreneurship On Local Development

Author

Listed:
  • Nelson Jorge Ribeiro Duarte

    () (ESTGF/IPP/CETRAD, Portugal)

  • Francisco José Lopes de Sousa Diniz

    () (DESG/UTAD/CETRAD/ NISTADS/CSIR, Portugal)

Abstract

The present paper considers and analyzes the role of management and entrepreneurship on the firm and region sustainability. This relation was explored in terms of managers’ behaviour related to three aspects of sustainable development, namely, economic, social and environmental.Through a questionnaire survey of 251 micro, small and medium firms in Vale do Sousa region located in the Northern Portugal, it was discovered that, contrary to what most of literature presents, managers are putting in first place the environmental aspect of sustainability, followed by the social aspect, and the economic as the last one. These results lead to a characterization of firms as being sustainable, but with a risk-averse and non innovative behaviour on the part of the firms’ management.

Suggested Citation

  • Nelson Jorge Ribeiro Duarte & Francisco José Lopes de Sousa Diniz, 2011. "The Role Of Firms And Entrepreneurship On Local Development," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 5(1), pages 54-69, JUNE.
  • Handle: RePEc:rrs:journl:v:5:y:2011:i:1:p:54-69
    as

    Download full text from publisher

    File URL: http://www.rrsa.ro/rjrs/V514.DUARTE.PDF
    Download Restriction: no

    References listed on IDEAS

    as
    1. Antoncic, Bostjan & Hisrich, Robert D., 2001. "Intrapreneurship: Construct refinement and cross-cultural validation," Journal of Business Venturing, Elsevier, vol. 16(5), pages 495-527, September.
    2. Paul Cheshire & Edward Malecki, 2003. "Growth, development, and innovation: A look backward and forward," Papers in Regional Science, Springer;Regional Science Association International, pages 249-267.
    3. Arvanitidis, Paschalis & Petrakos, George & Pavleas, Sotiris, 2007. "Determinants of economic growth: the experts’ view," Papers DYNREG20, Economic and Social Research Institute (ESRI).
    4. Greve, Arent, 1995. "Networks and entrepreneurship -- an analysis of social relations, occupational background, and use of contacts during the establishment process," Scandinavian Journal of Management, Elsevier, pages 1-24.
    5. Narula, Rajneesh, 2001. "R&D Collaboration by SMEs: new opportunities and limitations in the face of globalisation," Research Memorandum 011, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
    6. Lee, Sang M. & Peterson, Suzanne J., 2000. "Culture, entrepreneurial orientation, and global competitiveness," Journal of World Business, Elsevier, pages 401-416.
    7. Espinosa, A. & Harnden, R. & Walker, J., 2008. "A complexity approach to sustainability - Stafford Beer revisited," European Journal of Operational Research, Elsevier, vol. 187(2), pages 636-651, June.
    8. Philip Mccann, 2006. "On the supply-side determinants of regional growth," Construction Management and Economics, Taylor & Francis Journals, pages 681-693.
    9. Boari, Cristina & Odorici, Vincenza & Zamarian, Marco, 2003. "Clusters and rivalry: does localization really matter?," Scandinavian Journal of Management, Elsevier, pages 467-489.
    10. Venkataraman, Sankaran, 2004. "Regional transformation through technological entrepreneurship," Journal of Business Venturing, Elsevier, vol. 19(1), pages 153-167, January.
    11. Jack, Sarah L. & Anderson, Alistair R., 2002. "The effects of embeddedness on the entrepreneurial process," Journal of Business Venturing, Elsevier, vol. 17(5), pages 467-487, September.
    12. Bob Giddings & Bill Hopwood & Geoff O'Brien, 2002. "Environment, economy and society: fitting them together into sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 10(4), pages 187-196.
    13. Claudia María Vargas, 2000. "Community development and micro-enterprises: fostering sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 8(1), pages 11-26.
    14. Paul Cheshire & Edward Malecki, 2003. "Growth, development, and innovation: A look backward and forward," Economics of Governance, Springer, pages 249-267.
    15. Islam, Sardar M. N. & Munasinghe, Mohan & Clarke, Matthew, 2003. "Making long-term economic growth more sustainable: evaluating the costs and benefits," Ecological Economics, Elsevier, vol. 47(2-3), pages 149-166, December.
    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. Rainald Borck & Matthias Wrede, 2015. "Spatial and Social Mobility," CESifo Working Paper Series 5675, CESifo Group Munich.
    2. Anna ARENT & Matylda BOJAR & Francisco DINIZ & Nelson DUARTE, 2015. "The Role Of Smes In Sustainable Regional Development And Local Business Integration: The Case Of Lublin Region (Poland)," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 23-34, December.
    3. Maria Lúcia Pato & Aurora A.C. Teixeira, 2013. "Twenty years of rural entrepreneurship: a bibliometric survey," FEP Working Papers 516, Universidade do Porto, Faculdade de Economia do Porto.

    More about this item

    Keywords

    small firms; entrepreneurship; sustainability;

    JEL classification:

    • Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

    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:rrs:journl:v:5:y:2011:i:1:p:54-69. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bogdan-Vasile Ileanu). General contact details of provider: http://www.rrsa.ro .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.