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Methodology Features of green business development


  • Shumska, Svitlana
  • Stepanenko-Lypovyk, Bohdana


A transition from the extensive type of economic development to sustainable should provide the minimization of the non-renewable natural resources use and effective use of renewable ones, improvement of environmental quality and increase of the state’s ecological security and lead to stable economy growth. Such transition supposes to form new kinds of economic activity that make profit and have positive influence on environment. One of such activity is ‘green business’. The article defining this notion and describes theoretical and methodological principles of functioning of this type of activity. Also the basic aspects and main development stages of green business are marked out and the classification of green business enterprise is shown.

Suggested Citation

  • Shumska, Svitlana & Stepanenko-Lypovyk, Bohdana, 2012. "Methodology Features of green business development," MPRA Paper 41616, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:41616

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    green business; sustainable development; environmental goods and services;

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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