Abstract
This study analyses the impact of environmental and economic factors consolidation on sustainable entrepreneurship over time. A model is proposed that analyses the relations between these factors and sustainable entrepreneurship over time with sustainable development goals performances and the continuation of the businesses index as variables. Using data from 50 countries, a quantitative method based on partial least squares was applied to validate the proposed model. Our findings showed positive and significant relations between environmental and economic factors with sustainable entrepreneurship over time. This implies that the countries which invest more efforts to consolidate their economic and environmental factors obtain higher durability rates for their sustainable entrepreneurship.
Highlights
Nowadays, problems related to environmental, social and economic issues arise worldwide, including issues like global warming, hunger and unemployment [1]
The objective of this work was to create a model in which the environmental and economic factors included in sustainable development goals (SDG) are related to sustainable entrepreneurship over time, to a business created by an entrepreneur lasting
One general outcome of our research is that those countries which invest in, and make more efforts, to consolidate their environmental and economic factors tend to show long-lasting rates for their sustainable entrepreneurship over time
Summary
Problems related to environmental, social and economic issues arise worldwide, including issues like global warming, hunger and unemployment [1]. As an alternative to such problems, sustainable development arises, which focuses on searching for alternatives that satisfy current existing needs without compromising the ability of future generations to satisfy their own needs [2]. It has been proven that entrepreneurships constitute effective mechanisms for generating wealth, and are considered drivers of change, innovation and economic growth [3,4]. When faced with the relevance of sustainable development and the importance of its adequate implementation, entrepreneurship is seen to have objectives that go beyond economic benefits [5,6].
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