Special Issue "Business, Management, Entrepreneurship and Innovation for Sustainable Development"

A special issue of Sustainability (ISSN 2071-1050).

Deadline for manuscript submissions: closed (31 May 2020).

Special Issue Editors

Prof. Alex Maritz
Website
Guest Editor
Department of Entrepreneurship, Innovation and Marketing, La Trobe Business School, Melbourne, Australia. Vice President: International Association of Organizational Innovation
Interests: entrepreneurship; innovation; entrepreneurship education; entrepreneurship ecosystems
Dr. Aron Perenyi
Website
Guest Editor
Department of Business Technology and Entrepreneurship, Swinburne University of Technology, Melbourne, Australia
Interests: international entrepreneurship; firm internationalization; economic development
Dr. Gerrit de Waal
Website
Guest Editor
College of Business, RMIT University, Melbourne, Australia
Interests: innovation; emergence of new industries; frugal innovation; new product development

Special Issue Information

Dear Colleagues,

Global society faces a range of environmental, economic, and social sustainability challenges. Sustainable development is influenced by the interaction between the key actors of the socioeconomic system. The role of businesses in this system, by means of management, entrepreneurship, and innovation is an important issue of current sustainability debates. The quest for businesses, entrepreneurs, innovators, and society is no longer to aim for more than just economic value creation. It is also necessary to integrate multiple forms of value creation, with respect to business, environmental, and social challenges. This shift in meaning and focus of value creation brings forth possible changes in existing business models, the ultimate necessity of paradigm changes, and new approaches to sustainable development in business, management, entrepreneurship, and innovation.

In this context, this Special Issue of Sustainability aims to bring together multidisciplinary knowledge and value creation initiatives from a wide range of business disciplines to address global sustainable development. We welcome conceptual and scientific studies that address sustainable development in business, management, entrepreneurship, and innovation within (but not limited to) the following parameters:

  1. Multidisciplinary business and management related sustainable development;
  2. Product- and service-related innovation and development;
  3. Entrepreneurship as catalyst for sustainable development;
  4. Entrepreneurship ecosystems, education, and accelerators;
  5. Business model design and development;
  6. Interdisciplinary approaches to value creation;
  7. Sustainable logistics and supply chain initiatives;
  8. Environmental management;
  9. Organizational innovation and human resources;
  10. Business technology and digitalization;
  11. Social and/or corporate responsibility;
  12. Management and marketing in the context of sustainable development;
  13. Other related sustainability initiatives related to the context of business.

We believe that this Special Issue may allow further debate on cross-disciplinary and multidisciplinary knowledge in sustainable development from perspectives of business, management, entrepreneurship and innovation. We particularly welcome selected papers from the 13th International Conference of Organizational Innovation (2019 ICOI), to be held on 20–22 July 2019 at the University of Ulsan, South Korea. See: http://www.iaoiusa.org/icoi/

Prof. Alex Maritz
Dr. Aron Perenyi
Dr. Gerrit de Waal
Guest Editors

Manuscript Submission Information

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Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • sustainable development
  • business, management
  • entrepreneurship
  • innovation
  • value creation

Published Papers (18 papers)

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Open AccessArticle
Entrepreneurship Through Open Data: An Opportunity for Sustainable Development
Sustainability 2020, 12(12), 5148; https://doi.org/10.3390/su12125148 - 24 Jun 2020
Cited by 1
Abstract
Entrepreneurship and open data are key elements in the sustainable development field, improving economic, social, and environmental dimensions. However, entrepreneurship and open data are barely studied together in the literature from a theoretical perspective. Therefore, this study identifies the main themes in the [...] Read more.
Entrepreneurship and open data are key elements in the sustainable development field, improving economic, social, and environmental dimensions. However, entrepreneurship and open data are barely studied together in the literature from a theoretical perspective. Therefore, this study identifies the main themes in the previous studies and proposes a conceptual model for analyzing entrepreneurship through open data. For this purpose, a descriptive analysis and a co-word analysis were performed. Results show that the subject is multidisciplinary, and the main theme of study is how different agents reuse information released by public administrations to generate new entrepreneurial initiatives, especially novel business models associated with new mobile applications. Open data sources, innovation, and business models are studied as critical factors for analyzing entrepreneurship through open data. Likewise, a conceptual model is presented and emerging themes for future research are proposed. Among them, the importance of encouraging collaboration between different agents in the open data ecosystem for service development and improvement is emphasized. Our study identifies an emerging theme that is still in an early phase: The study of sustainable entrepreneurship through open data as a value creation initiative to address global sustainable development. Full article
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Open AccessArticle
Business Models’ Innovations to Overcome Hybridity-Related Tensions in Sustainable Entrepreneurship
Sustainability 2020, 12(11), 4503; https://doi.org/10.3390/su12114503 - 02 Jun 2020
Abstract
This paper aims to investigate how sustainable entrepreneurs innovate in business models to overcome their hybridity-related tensions to achieve environmental, social, and financial goals. A case study was conducted on 12 organizations in seven countries from October 2018 to June 2019 through observation [...] Read more.
This paper aims to investigate how sustainable entrepreneurs innovate in business models to overcome their hybridity-related tensions to achieve environmental, social, and financial goals. A case study was conducted on 12 organizations in seven countries from October 2018 to June 2019 through observation visits, interviews, and secondary data collection. To analyze the data, a content analysis was applied with the help of NVivo Software. The analysis category is based on the definition of the pillars of business models: (1) Value proposition, (2) value creation/delivery, and (3) value capture. Concerning value proposition, organizations engage various stakeholders on developing emotions related to sustainable behaviors. They use the idea of community to promote it, fostering the sharing of intangible values. Associated with these actions, organizations offer more convenience accessing these products or services, home deliveries, facilitating access by geo-location, price reduction, and promoting consumers’ education. Regarding value creation/delivery, companies promote partnerships with other stakeholders as part of the main business strategy. They run the business while promoting a social movement. One is dependent on the other. In their engagement in sustainability discussion forums and practical activities, they put together consumers, suppliers, and also other agents outside their vertical supply chain. Operations of all companies are highly internet-based. Social media and transparency are also relevant to their operations. The main characteristic of value capture is that organizations integrate sustainability into their strategy in a way that, just by doing business, they fulfill their social, environmental, and economic missions. Therefore, through innovation in business models, these organizations overcome hybridity-related tensions and achieve financial stability while positively impacting society. The contribution to the literature was achieved by identifying business model innovations in sustainable entrepreneurship, analyzing their characteristics and mechanisms to overcome hybridity-related tensions, and providing empirical evidence about how business models can create and capture different and multiple forms of value. Full article
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Open AccessArticle
Creative Enough to Become an Entrepreneur: A Multi-Wave Study of Creative Personality, Education, Entrepreneurial Identity, and Innovation
Sustainability 2020, 12(10), 4043; https://doi.org/10.3390/su12104043 - 14 May 2020
Cited by 1
Abstract
In order to sustain an innovative working style, entrepreneurs need to build unique identities. However, relatively few studies have investigated what types of individuals are more likely to construct an entrepreneurial identity. In the current study, drawing upon identity construction theory, we proposed [...] Read more.
In order to sustain an innovative working style, entrepreneurs need to build unique identities. However, relatively few studies have investigated what types of individuals are more likely to construct an entrepreneurial identity. In the current study, drawing upon identity construction theory, we proposed that an important individual difference, creative personality, would have a positive impact on the construction of an entrepreneurial identity, which in turn would facilitate individuals’ work-related innovations. Education was proposed to moderate this mediating effect, in that individuals with a higher level of education would have a higher possibility of constructing an entrepreneurial identity and producing sustainable innovations. We suggested that with considerable education, creative individuals would become entrepreneurs during their career progression and harvest more work-related innovations. A multi-wave sample of 12,686 participants from the National Longitudinal Survey of Youth (1979) was used to test our hypotheses. The results indicated that creative personality, along with education, interactively predicted an individual’s entrepreneurial identity, which in turn predicted innovation. Education significantly moderated the mediating effect of entrepreneurial identity. The theoretical and practical implications were also discussed. Full article
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Open AccessArticle
Exploring Ethical Business in Central Europe: Leaders’ Values and Perspectives on Good Practices
Sustainability 2020, 12(2), 670; https://doi.org/10.3390/su12020670 - 16 Jan 2020
Abstract
Weaknesses in the institutional environment of Central Europe challenge the sustainability of economic development. Institutional theory stipulates that institutions drive economic development, and institutions are configured by individual values and practices. The World Governance Indicators, the Corruption Perception Index, and the Doing Business [...] Read more.
Weaknesses in the institutional environment of Central Europe challenge the sustainability of economic development. Institutional theory stipulates that institutions drive economic development, and institutions are configured by individual values and practices. The World Governance Indicators, the Corruption Perception Index, and the Doing Business Indicators indicate weaknesses in the institutional environments of the Visegrád countries. This paper explores the micro level perspective of institutions, focusing on values and practices, in terms of leadership and ethics. A survey of 868 private and public sector managers from Czech Republic, Hungary, Poland, and Slovakia provides evidence that leadership practices and ethical values are congruent, suggesting a positive influence on the institutional environment. The results also provide evidence for the presence of the gap, spanning between the micro and the macro level factors affecting sustainable economic development. These results imply that a bottom-up view of sustainable economic development is more suitable to the Central European context, and promotion of sustainable economic development needs to focus on the micro level factors. Full article
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Open AccessArticle
Meta-Responsibility in Corporate Research and Innovation: A Bioeconomic Case Study
Sustainability 2020, 12(1), 38; https://doi.org/10.3390/su12010038 - 19 Dec 2019
Abstract
The term “responsibility” embodies many meanings, also in the context of corporate research and innovation (R&I). The approach of Responsible Research and Innovation (RRI) has emerged as a promoter for responsible conduct of innovation but so far lacks a systematic framework for describing, [...] Read more.
The term “responsibility” embodies many meanings, also in the context of corporate research and innovation (R&I). The approach of Responsible Research and Innovation (RRI) has emerged as a promoter for responsible conduct of innovation but so far lacks a systematic framework for describing, inventorying, and eventually managing different responsibilities that R&I units hold in companies and further in society. In this paper we take forward the idea of developing RRI into a “meta-responsibility” approach, for orchestrating responsibilities in corporate R&I. First, we introduce a frame for defining responsibility, which is inclusive of four elements (care, liability, accountability, and responsiveness), and is attentive to the intrinsic uncertainty of the R&I setting. Drawing on empirical data from interviews, we then examine how these responsibility elements become operationalised in an actual R&I project. As a result, we develop a meta-responsibility map for corporate R&I, bringing various and sometimes contradicting principles, expectations and obligations under the common terminology of responsibility. We suggest that such integrative outlook on responsibilities increases theoretical solidity and practical applicability of RRI as an innovation management approach. Regarding R&I practices, we conclude that the meta-responsibility map can support R&I units in exploring their co-existing and sometimes conflicting responsibilities, and in managing those responsibilities in the highly uncertain R&I setting. In particular, meta-responsibility shows applicability in (i) balancing risk and precaution, (ii) exposing and addressing concerns about the goals and impacts of innovation, and (iii) accelerating sectoral transition whilst securing one’s own competitive advantage in it. Full article
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Open AccessArticle
Sustainability Entrepreneurship: From Consumer Concern Towards Entrepreneurial Commitment
Sustainability 2019, 11(24), 7076; https://doi.org/10.3390/su11247076 - 10 Dec 2019
Cited by 3
Abstract
Sustainability is a multidimensional concept that goes beyond environmental protection to economic development and social equity. This change drives entrepreneurs introducing new sustainability-derived products and services to help sustain nature and communities. Entrepreneurship is increasingly being cited as a significant conduit for bringing [...] Read more.
Sustainability is a multidimensional concept that goes beyond environmental protection to economic development and social equity. This change drives entrepreneurs introducing new sustainability-derived products and services to help sustain nature and communities. Entrepreneurship is increasingly being cited as a significant conduit for bringing about a transformation to sustainable products and processes. This research uses the term sustainability entrepreneurs for those who introduce innovative sustainability-derived products, processes, and services for gain, where gain includes economic and non-economic gains to individuals, the economy, and society. The research design was a qualitative exploratory study. The study focuses on a sample of sustainability entrepreneurs as the target respondents who take a commitment to sustainability via sustainability entrepreneurship. Interviews were based around open-ended questions prompting the respondents to engage in a storytelling approach to describe their journey from consumer concern to sustainability entrepreneurship. The data were analyzed using thematic analysis. A set of themes emerged after analysis, reflecting experience as sustainability entrepreneurs. The themes were: Concern as a consumer for sustainability living; Entrepreneurship is not just for money or identity fulfilment but also for altruism; Values underpinning sustainability entrepreneurship: Fairness, responsibility, altruism, and integrity; and Collaboration not competition. This research contributes to an understanding of sustainability entrepreneurs as those who emerge from consumer concern to introduce innovative sustainability derived products, processes, and services for gain, where gain includes economic and non-economic gain to individuals, the economy, and society. Full article
Open AccessArticle
Analysis of Social Sustainability Information in a Global Context According to the New Global Reporting Initiative 400 Social Standards
Sustainability 2019, 11(24), 7073; https://doi.org/10.3390/su11247073 - 10 Dec 2019
Cited by 1
Abstract
Interest is increasing in what information companies disclose regarding the social aspects of their operations. This research therefore develops an index to analyze the social disclosure of companies from various countries and geographical regions including Latin America, Europe, Africa, Asia, and the United [...] Read more.
Interest is increasing in what information companies disclose regarding the social aspects of their operations. This research therefore develops an index to analyze the social disclosure of companies from various countries and geographical regions including Latin America, Europe, Africa, Asia, and the United States. Using categorical principal component analysis and partial triadic analysis, we build a numerical value for a specific social individual index by firm. Then, we analyze the extent to which this disclosure follows the Global Reporting Initiative 400 social standards, which became effective on 1 July 2018. In addition to considering geographical aspects, we also analyze social disclosure based on industry, which facilitates firms’ decision-making and policy formation in social disclosure. Full article
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Open AccessArticle
Paternalistic Leadership and Employees’ Sustained Work Behavior: A Perspective of Playfulness
Sustainability 2019, 11(23), 6650; https://doi.org/10.3390/su11236650 - 25 Nov 2019
Abstract
The frontline employees of the service industry are the first connection between enterprises and consumers. Therefore, their performance often represents the image of the company. This study intended to discuss employees’ sustained work behavior through the perceived organizational climate, from the point of [...] Read more.
The frontline employees of the service industry are the first connection between enterprises and consumers. Therefore, their performance often represents the image of the company. This study intended to discuss employees’ sustained work behavior through the perceived organizational climate, from the point of view of direct supervisors’ leadership. Employees of chain convenience stores in Taiwan were used as the research samples for the questionnaire survey. A total of 473 valid questionnaires were considered using structural equation analyses. The results showed that authoritarian leadership and employees’ turnover intentions had a significant positive relationship; moreover, there were negative relations between moral leadership, benevolent leadership, and employees’ turnover intention. Thus, employees’ perceived playfulness can decrease turnover intention when under paternalistic leadership. This study provides valuable insights for managers to understand the work value of playfulness. Full article
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Open AccessArticle
Product Newness, Low Competition, Recent Technology, and Export Orientation as Predictors for Entrepreneurial Growth Aspirations
Sustainability 2019, 11(20), 5818; https://doi.org/10.3390/su11205818 - 20 Oct 2019
Cited by 1
Abstract
This study examines the contribution of how product newness, low competition, recent technology, and export orientation affect entrepreneurial growth aspirations moderated by financial capital. Based on a Global Entrepreneurship Monitor (GEM) sample of 512 Mexican new entrepreneurs, we use a hierarchical regression model [...] Read more.
This study examines the contribution of how product newness, low competition, recent technology, and export orientation affect entrepreneurial growth aspirations moderated by financial capital. Based on a Global Entrepreneurship Monitor (GEM) sample of 512 Mexican new entrepreneurs, we use a hierarchical regression model to study the independent and interaction effects between these variables, and we apply a Chow breakpoint test and a CUSUMSQ (cumulative sum of squares of recursive residuals) test to analyze structural change and robustness. Our results suggest that achieving higher educational levels, acquiring recent technology, and product newness slightly increase the entrepreneurial growth ambition of the firm, and that financial capital positively moderates the impact of product newness and recent technology on growth aspirations. Besides this, we show that the interaction effect of financial capital with low competition and export activity on their growth aspirations is not crucial, and business angles tend to finance, primarily when the firm exports new products and services are facing a reduced number of competitors. Full article
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Open AccessArticle
Assisting Sustainable Entrepreneurial Activities Through the Analysis of Mobile IT Services’ Success and Failure Factors
Sustainability 2019, 11(20), 5694; https://doi.org/10.3390/su11205694 - 15 Oct 2019
Cited by 1
Abstract
With information technology (IT) now showing advanced capabilities, many new services are being introduced to consumers of smartphones through the various available app stores. Moreover, the recent proliferation of such services related to information and communications technology has seen a momentous rise. Despite [...] Read more.
With information technology (IT) now showing advanced capabilities, many new services are being introduced to consumers of smartphones through the various available app stores. Moreover, the recent proliferation of such services related to information and communications technology has seen a momentous rise. Despite this trend, the ever-changing landscape of mobile IT services is creating a serious problem for businesses who are already experiencing fierce market conditions. Thus, in order to maintain the sustainability of an enterprise, it is necessary to make an adequate analysis of the success and failure factors of IT services in order to create a sustained competitive advantage. Considering 22 real IT service cases based on two platform models (merchant model and two-sided model) and through surveys submitted to 11 experienced entrepreneurs in IT services, we conducted a t-test analysis in order to first assess the success and failure factors of the IT service cases. Next, we performed a logistic regression analysis in order to find underlying relationships of our hypothesized model. The results showed that the participants identified 141 success and 101 failure factors in total with the t-tests, confirming that the distinction between success and failure of each IT service assessed was significant. Next, the results from the logistic regression showed which relationships were the best on the basis of the given platform model. Overall, this study was able to identify the main factors that have an influence on the success and failure of IT services based on two identified platform models. In doing so, this paper can help to inform future IT service entrepreneurs and researchers involved in developing new apps based on IT services by providing a guide to what factors need to be considered before going to market. Full article
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Open AccessArticle
Current Status, Emerging Challenges, and Future Prospects of Industrial Symbiosis in Portugal
Sustainability 2019, 11(19), 5497; https://doi.org/10.3390/su11195497 - 04 Oct 2019
Cited by 5
Abstract
Industrial symbiosis has proven to be an important tool for improving business sustainability with numerous environmental, economic, and social benefits. The literature on this subject has been provided with countless case studies of the application of this practice in different geographical locations. However, [...] Read more.
Industrial symbiosis has proven to be an important tool for improving business sustainability with numerous environmental, economic, and social benefits. The literature on this subject has been provided with countless case studies of the application of this practice in different geographical locations. However, studies concerning Portugal in this area are still scarce. Thus, this article aims to map and analyze the existing cases of industrial symbiosis in Portugal, as well as the current state and the legislative context regarding this practice. It also aims to analyze the main barriers to the growth of synergy relations and outline new paths for the development of industrial symbiosis in Portugal. From the analysis to the case studies, it was possible to conclude that most industrial symbiosis networks have few actors, and networks with two and three are common. However, owing to strategic plans, the type of existing economic activities, and the waste generated, there is much potential for industrial symbiosis networks to be established and to contribute to emission reductions, more efficient use of resources, and reduced external dependence. However, in order to increase industrial symbiosis, concerted action must be taken at various levels to encourage companies to develop synergy relations. Changing the legislative framework, making funds available, the role of local governments, the existence of a facilitator, and the use of some industries as anchor tenants are some of the aspects that can contribute to the increase of industrial symbiosis in Portugal. Full article
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Open AccessArticle
How Does Information Transmission Influence the Value Creation Capability of a Digital Ecosystem? An Empirical Study of the Crypto-Digital Ecosystem Ethereum
Sustainability 2019, 11(19), 5345; https://doi.org/10.3390/su11195345 - 27 Sep 2019
Cited by 1
Abstract
With the advancement of digitization, digital ecosystems are playing an increasingly important role in value creation. The mechanism by which digital ecosystems create value, however, has been generally deemed to be a mixed effect due to various factors. On the basis of signaling [...] Read more.
With the advancement of digitization, digital ecosystems are playing an increasingly important role in value creation. The mechanism by which digital ecosystems create value, however, has been generally deemed to be a mixed effect due to various factors. On the basis of signaling theory, this paper explores the effect of information transmission on the value creation capability of a digital ecosystem from two dimensions: the scale and sustainability of value creation. Taking a sample of weekly transaction data from Ethereum during August 2015–August 2018, our research proposes an integrated framework of information transmission in value creating, and discusses the diffusion process of the network effect within the digital ecosystem. As a generally accepted exchange medium, digital currency traffic acts as an observable proxy of information flow in a crypto-digital ecosystem, where the effects of heterogeneity in transaction attributes are filtered. Empirical results show that information transmission positively influences the scale and sustainability of value creation activities in a digital ecosystem by affecting user number and transaction frequency. Further research reveals that user number is the initial driving force of the network effect and a critical factor for the overall ecosystem market capitalization. This research provides a new insight into the design of sustainable value creation mechanisms under digital circumstances. Full article
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Open AccessArticle
Academic Collaboration in Entrepreneurship Research from 2009 to 2018: A Multilevel Collaboration Network Analysis
Sustainability 2019, 11(19), 5172; https://doi.org/10.3390/su11195172 - 20 Sep 2019
Cited by 4
Abstract
Entrepreneurship research is widely regarded as an important basis for competitive advantage in a rapidly changing international business environment, enhancing capacities for sustainable business growth, economic activity, and the wealth of nations. In recent years, international cooperation has been considered to be one [...] Read more.
Entrepreneurship research is widely regarded as an important basis for competitive advantage in a rapidly changing international business environment, enhancing capacities for sustainable business growth, economic activity, and the wealth of nations. In recent years, international cooperation has been considered to be one of the key factors promoting the sustainable development of entrepreneurial research. However, the evolution of the cooperative network of entrepreneurial research and the relationship between international cooperation and entrepreneurial research performance has not received the attention of most researchers. Therefore, we used a multilevel collaborative analysis method, i.e., country, city, institution and scholar, analyzing 2037 studies in this area from 2009 to 2018 from the Business Source Complete database by collaboration network analysis and bibliometric analysis. Our study tracked the evolution and cooperation trends in entrepreneurship research and detailed characteristics of international academic cooperation over the past decade, and we found the following: (1) The four types of cooperative networks have evolved over time, and generally conform to the distribution characteristics of the core periphery; cities, institutions, and researchers from central countries such as the United States, the United Kingdom, Canada, France and Germany occupy central positions in cooperation; they are scale-free networks and subject to the principle of priority connection. (2) The evolution of cooperative networks at different levels are non-conformal, there is a subtle relationship between micro-networks that can explain the distribution and changes in macro-networks. (3) International academic cooperation can promote the performance of entrepreneurial research, and cooperation has become the main theme of entrepreneurial research. These findings can help researchers to better study cooperative relationships in entrepreneurship research. Moreover, they can provide entrepreneurial decision support for national and local governments and contribute to the sustainable development of entrepreneurial research. Full article
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Open AccessArticle
Sustainability Initiatives in Emerging Economies: A Socio-Cultural Perspective
Sustainability 2019, 11(18), 4893; https://doi.org/10.3390/su11184893 - 06 Sep 2019
Cited by 4
Abstract
This paper explains how and why sustainable supply chain management (SSCM) is different in an emerging economy by investigating sustainability initiatives in the United Arab Emirates. This exploratory qualitative study uses activity theory (AT) as a framework of analyses to investigate the sustainable [...] Read more.
This paper explains how and why sustainable supply chain management (SSCM) is different in an emerging economy by investigating sustainability initiatives in the United Arab Emirates. This exploratory qualitative study uses activity theory (AT) as a framework of analyses to investigate the sustainable supply chain practices in the context of emerging economies. AT’s hierarchical breakdown structure allows complex and dynamic activities to be broken down across multiple levels providing a simplified explanation of the triple bottom line initiatives across 16 participant organizations. Our findings corroborate with some of the sustainability initiatives in developed countries, such as the contribution of suppliers and the importance of employee engagement to the sustainable efforts of the focal firm; however, there were significant differences too. Customer and investor pressure was the top driver toward sustainability in developed economies, but our research identifies government pressure as the principal motive for sustainability. Similarly, we observe a narrow perspective on sustainability from the studied organizations as sustainability measures were seen as “costly”. We attribute this to a lack of accounting for the costs associated with being “unsustainable”. We contribute to the literature by developing four propositions that identify the key contributors to successful sustainability outcomes in the context of emerging economies: (a) the dynamic influence of governments on the adoption and implementation of SSCM; (b) accounting for the costs associated with the “unsustainable” measures, which enables a strategic perspective on sustainability; (c) the inclusion of sustainability as an “order qualifier” for the suppliers; and (d) the employees’ transition from compliance to taking ownership of sustainability initiatives. Full article
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Open AccessArticle
Business Sustainability of Start-Ups Based on Government Support: An Empirical Study of Korean Start-Ups
Sustainability 2019, 11(18), 4851; https://doi.org/10.3390/su11184851 - 05 Sep 2019
Cited by 2
Abstract
Since the mid-2000s, start-ups have increasingly become the driving force of new jobs and growth engines for advanced countries, and emerging nations are striving to vitalize start-ups through active government support policies. However, approximately 30% of start-ups shut down within two years of [...] Read more.
Since the mid-2000s, start-ups have increasingly become the driving force of new jobs and growth engines for advanced countries, and emerging nations are striving to vitalize start-ups through active government support policies. However, approximately 30% of start-ups shut down within two years of their foundation. Accordingly, this study determines the factors affecting the business sustainability of start-ups as based on available government support and provides suggestions to increase the effectiveness of the government-supported projects. This study conducted a survey of 273 start-ups in Korea, and empirically analyzed whether factors such as entrepreneurship, market orientation, and network affected business sustainability by using flow experience and entrepreneurial satisfaction as mediators. The results found that entrepreneurship affected business sustainability with flow experience and entrepreneurial satisfaction as the mediators, while market orientation affected business sustainability using flow experience as the mediator, and network affected business sustainability with entrepreneurial satisfaction as the mediator. Full article
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Open AccessArticle
Entrepreneurial Intention of Engineering Students: The Role of Social Norms and Entrepreneurial Self-Efficacy
Sustainability 2019, 11(16), 4314; https://doi.org/10.3390/su11164314 - 09 Aug 2019
Cited by 9
Abstract
This paper examines the impact of entrepreneurial education on intention to undertake entrepreneurial activity in the future. The study is based on a sample of 208 engineering students. Specifically, we explore the contingent effect of social norms on the relationship between entrepreneurial education [...] Read more.
This paper examines the impact of entrepreneurial education on intention to undertake entrepreneurial activity in the future. The study is based on a sample of 208 engineering students. Specifically, we explore the contingent effect of social norms on the relationship between entrepreneurial education and intention to undertake entrepreneurial activity, as well as the role of social norms on the association between entrepreneurial self-efficacy and entrepreneurial intention. We utilize a comprehensive questionnaire distributed among engineering students. Our findings indicate that entrepreneurial education is positively associated with the intention to undertake entrepreneurial activity, in addition to demonstrating a positive moderation effect role of social norms on the relationship between entrepreneurial self-efficacy and entrepreneurial intention. The study provides empirical support to devise new educational initiatives that can further support students and young entrepreneurs in their current or future entrepreneurial projects Full article
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Open AccessArticle
Improving Enterprises’ Cross-Border M&A Sustainability in the Globalization Age—Research on Acquisition and Application of the Foreign Experience
Sustainability 2019, 11(11), 3180; https://doi.org/10.3390/su11113180 - 06 Jun 2019
Cited by 2
Abstract
The advancement of globalization has encouraged an increasing number of enterprises to go abroad and take cross-border mergers and acquisitions (M&A) to expand their overseas market and improve core competitiveness, although many acquirers fail to gain value from post-acquisition integration. On the basis [...] Read more.
The advancement of globalization has encouraged an increasing number of enterprises to go abroad and take cross-border mergers and acquisitions (M&A) to expand their overseas market and improve core competitiveness, although many acquirers fail to gain value from post-acquisition integration. On the basis of organizational learning theory, this paper explores the effect of executives’ foreign experience on cross-border M&A sustainability, and examines how the externally acquired knowledge can be effectively applied to cross-border M&A practice. Taking a sample of Chinese listed companies that have completed cross-border M&As during 2008–2016, our research proposes an integrated framework of foreign experiential knowledge, and discusses the process of acquisition and application of this experiential knowledge into cross-border M&As. Empirical research findings show that, compared with the general foreign experience, the specific foreign experience based on target country significantly improves cross-border M&A sustainability, and executives with host-specific work experience plays a more important role than that of education experience. Further research found that long-tenured executives positively moderate the effect of foreign experiential knowledge on cross-border M&A sustainability, while the pay gap for executives, which hampers internal coherence, plays a negative moderating role. This research provides a new insight into the promotion of the sustainable development of enterprise cross-border M&A in the globalization age. Full article
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Open AccessFeature PaperCommentary
Entrepreneurship as the Unsung Hero during the Current COVID-19 Economic Crisis: Australian Perspectives
Sustainability 2020, 12(11), 4612; https://doi.org/10.3390/su12114612 - 05 Jun 2020
Cited by 3
Abstract
The COVID-19 pandemic has not only had a significant and catastrophic effect on business and economies globally, but has identified the external and internal enablement of new venture creation. This paper aims to provide entrepreneurship insights, implementations and dynamics to demonstrate the role [...] Read more.
The COVID-19 pandemic has not only had a significant and catastrophic effect on business and economies globally, but has identified the external and internal enablement of new venture creation. This paper aims to provide entrepreneurship insights, implementations and dynamics to demonstrate the role of entrepreneurship in times of such adversity within an Australian context. We provide emergent enquiry narratives from leading Australian scholars, identifying entrepreneurial initiatives as a catalyst to new venture creation and growth. Narratives include insights associated with the entrepreneurial mindset, the multidimensional effects of resilience and entrepreneurship, entrepreneurship education, entrepreneurship enablers and the entrepreneurial ecosystem. Opportunities for further research are identified, particularly regarding context and empirical outcomes. We postulate that entrepreneurship may well be the unsung hero during the current COVID-19 economic crisis. Full article
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