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Article

The Influence of Green Entrepreneurship on Sustainable Development in Saudi Arabia: The Role of Formal Institutions

1
Department of Business, Universitat Autònoma de Barcelona, Edifici B Campus UAB, Bellaterra (Cerdanyola del Vallès), 08193 Barcelona, Spain
2
Department of Business Administration, Jouf University, Al Jouf 75471, Saudi Arabia
3
Durham University Business School, Durham University, Mill Hill Lane, Durham DH1 3LB, UK
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Fundación ECSIM, Medellin 050010, Colombia
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Department of Business and Centre for Entrepreneurship and Social Innovation Research (CREIS), Universitat Autònoma de Barcelona, Edifici B Campus UAB, Bellaterra (Cerdanyola del Vallès), 08193 Barcelona, Spain
*
Author to whom correspondence should be addressed.
Academic Editor: Paul B. Tchounwou
Int. J. Environ. Res. Public Health 2021, 18(10), 5433; https://doi.org/10.3390/ijerph18105433
Received: 7 April 2021 / Revised: 14 May 2021 / Accepted: 17 May 2021 / Published: 19 May 2021
This study explores the influence of green entrepreneurial activity on sustainable development, using institutional economics as a theoretical framework. Also, the role of entrepreneurship policy is analysed in the context of Saudi Arabia. Using information from the General Authority for Statistics from 13 Saudi Arabian cities, the main findings show that green entrepreneurship positively contributes to the economic, social, and environmental components of sustainable development during the period 2012–2017. These results demonstrate a measurable indication of sustainable development outcomes, whereby Saudi Arabian institutions align entrepreneurial activities with a positive triple bottom line effect. Accordingly, these findings contribute new evidence to justify government commitment to supporting green entrepreneurship in Saudi Arabia and encourage future domestic policies. View Full-Text
Keywords: green entrepreneurship; sustainable development; entrepreneurship policy; formal institutions; Saudi Arabia green entrepreneurship; sustainable development; entrepreneurship policy; formal institutions; Saudi Arabia
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MDPI and ACS Style

Alwakid, W.; Aparicio, S.; Urbano, D. The Influence of Green Entrepreneurship on Sustainable Development in Saudi Arabia: The Role of Formal Institutions. Int. J. Environ. Res. Public Health 2021, 18, 5433. https://doi.org/10.3390/ijerph18105433

AMA Style

Alwakid W, Aparicio S, Urbano D. The Influence of Green Entrepreneurship on Sustainable Development in Saudi Arabia: The Role of Formal Institutions. International Journal of Environmental Research and Public Health. 2021; 18(10):5433. https://doi.org/10.3390/ijerph18105433

Chicago/Turabian Style

Alwakid, Wafa, Sebastian Aparicio, and David Urbano. 2021. "The Influence of Green Entrepreneurship on Sustainable Development in Saudi Arabia: The Role of Formal Institutions" International Journal of Environmental Research and Public Health 18, no. 10: 5433. https://doi.org/10.3390/ijerph18105433

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