Fostering Resilience: The Symbiotic Relationship Between Entrepreneurship and Sustainability

This study explores the intersection of entrepreneurship and sustainability, focusing on how businesses can integrate environmental, social, and cultural considerations into their operations to drive sustainable development. By examining the role of sustainable entrepreneurship, the research highlights the transformative potential of integrating the triple bottom- line framework, which encompasses economic prosperity, environmental stewardship, and social equity. The study utilises qualitative methods, including case studies and theoretical analysis, to investigate how entrepreneurial ventures can achieve competitive advantages through sustainable practices. Key findings reveal that businesses with high entrepreneurial orientation marked by innovation, risk-taking, and proactiveness are more likely to implement sustainable strategies contributing to long- term economic growth and societal well-being. The research underscores the importance of a holistic approach that balances economic, environmental, social, and cultural dimensions, emphasising the need for businesses to align their strategies with sustainable development goals to ensure resilience and relevance in a rapidly changing global landscape.

Authors

Publication Details

Journal
International Journal of Innovative Science and Research Technology (IJISRT)
Published
2024-09-02
DOI
https://doi.org/10.38124/ijisrt/ijisrt24aug516
Citations
5
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
3.66
Controls
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article

Fostering Resilience: The Symbiotic Relationship Between Entrepreneurship and Sustainability

Muhammed Rizwan Ul Haque
5 citations
International Journal of Innovative Science and Research Technology (IJISRT)
Entrepreneurship Studies and Influences
3.66
article

Fostering Resilience: The Symbiotic Relationship Between Entrepreneurship and Sustainability

Muhammed Rizwan Ul Haque
article en
5 citations

Abstract

This study explores the intersection of entrepreneurship and sustainability, focusing on how businesses can integrate environmental, social, and cultural considerations into their operations to drive sustainable development. By examining the role of sustainable entrepreneurship, the research highlights the transformative potential of integrating the triple bottom- line framework, which encompasses economic prosperity, environmental stewardship, and social equity. The study utilises qualitative methods, including case studies and theoretical analysis, to investigate how entrepreneurial ventures can achieve competitive advantages through sustainable practices. Key findings reveal that businesses with high entrepreneurial orientation marked by innovation, risk-taking, and proactiveness are more likely to implement sustainable strategies contributing to long- term economic growth and societal well-being. The research underscores the importance of a holistic approach that balances economic, environmental, social, and cultural dimensions, emphasising the need for businesses to align their strategies with sustainable development goals to ensure resilience and relevance in a rapidly changing global landscape.

International Journal of Innovative Science and Research Technology (IJISRT)
Openalex Percentile: Top 7%
Entrepreneurship Studies and Influences
3.66
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