Abstract
The interconnection between innovation, entrepreneurship, and sustainable development is a subject of immense concern these days, as society considers answers leading to sustainable development. Further, Social Innovations play a significant role in the development of Sustainopreneurship in the context of sustainable development. Given this context; this study investigates the barriers in developing the Social Innovation and Sustainopreneurship barriers in Sri Lanka. The study used the multiple case study method, and data were collected via in-depth interviews with fifteen Sustainopreneurs in Sri Lanka. The study's findings reveal several barriers in developing Social Innovations and Sustainopreneurship as; a) competition arises from non-sustainable businesses, b) lack of government support, c) high prices, and d) people’s attitude towards Social Innovations and Sustainopreneurship. Due to the dearth of research conducted on this area, this study contributes to the Social Innovations and Sustainopreneurship literature. The recommendations provide useful information for future strategic developments to practitioners and policymakers.
Highlights
In recent years, scholars and practitioners have been more interested in the subject of sustainability
Because Sustainopreneurship research is still in its early stages, it is being undertaken as a qualitative study with a multiple case study method
Referring to the research objective “to explore the barriers in developing Social Innovations and Sustainopreneurship in Sri Lanka,” several questions were made and answers of respondents were evaluated considering the below four themes; Competition Arise from Non-Sustainable Businesses
Summary
Scholars and practitioners have been more interested in the subject of sustainability. Much of the early work on the subject came from the fields of spirituality, environmental science, and philosophy. The management world has begun to embrace sustainability research. Hawken (1994) has received massive support for the Ecology of Commerce: A Declaration of Sustainability book, which was widely influential for his vision for a restorative economy. Other prominent publishers, such as Walley and Whitehead (1994) and Biddle (1993), have attempted to link commercial goals with the environmental concern of being ‘‘green’’
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