Entrepreneurial barriers in achieving sustainable business and cultivation of innovation: a resource-based view theory perspective

Agrawal, Rohit; Samadhiya, Ashutosh; Banaitis, Audrius; Kumar, Anil

doi:10.1108/md-11-2023-2032

Cited by 8 publications

(1 citation statement)

References 89 publications

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“…Using the resource-based view theory, Agrawal (2024) explored the entrepreneurial barriers hindering sustainable business and innovation. This theoretical approach offers a structured way to identify and analyze the resources and capabilities required to overcome these barriers.…”

Section: Future Research Agendamentioning

confidence: 99%

Guest editorial: Sustainable entrepreneurship: a new approach in Latin America and the Caribbean

Amorós,

Bonomo-Odizzio,

Sosa-Varela

2024

MRJIAM

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Section: Future Research Agendamentioning

confidence: 99%

Guest editorial: Sustainable entrepreneurship: a new approach in Latin America and the Caribbean

Amorós,

Bonomo-Odizzio,

Sosa-Varela

2024

MRJIAM

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Examining the impact of green entrepreneurship drivers on sustainable development in the context of emerging country

Mondal,

Singh,

Gupta

2024

BIJ

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PurposeGreen entrepreneurship (GE) is a novel concept in business and enhances environmentally friendly production and operation activities for “sustainable development” (SD). The aim of this study is to determine the drivers that contribute to the growth and success of “micro, small, and medium enterprises” (MSMEs) in the manufacturing sector in India. The study also examines the mutual and cause-and-effect relationships among these identified drivers.Design/methodology/approachThe study used integrated research methodology and identified nine key drivers of GE (GEDs) through extensive literature reviews, theoretical perspectives (i.e. “resource-based view” (RBV), “natural resource-based view” (NRBV) and “critical success factor theory” (CSFT)), and expert opinions. Further, “total interpretive structural modeling” (TISM) and “matrice d'impacts croisés multiplication appliquée á un classment” (MICMAC) analysis are used here to develop a hierarchical model and cluster the drivers, and fuzzy “decision-making trial and evaluation laboratory” (fuzzy-DEMATEL) is used to develop causal relationships among the drivers. Further, a sensitivity analysis is conducted to ensure the robustness of the results.FindingsResults indicated that green manufacturing and operation capability development, green business process management and attitudes toward developing sustainable business models significantly impacted GE and SD. The findings of this study help managers, policymakers, and practitioners gain an in-depth understanding of the drivers of GE.Research limitations/implicationsThe study considers a limited number of drivers and is specific to Indian manufacturing MSMEs only. Further, a limited number of experts from different enterprises are considered for data analysis. This study is also based on interrelationships and their relative importance based on multicriteria decision-making techniques. This study aids government decision-making, policy formulation and strategic decision-making for manufacturing businesses in achieving SD goals. In addition, this research also encourages green entrepreneurs to start eco-driven companies and facilitate the use of environmentally friendly goods to offset environmental challenges and accomplish sustainable development goals.Originality/valueThis study proposes an integrated methodology that will benefit managers, practitioners and others in developing strategies and innovations to improve and develop green practices. This study further helps with responsive, sustainable business development in various manufacturing MSMEs.

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Understanding the challenges of entrepreneurship in emerging economies: a grey systems-based study with entrepreneurs in Brazil

Abreu,

Sigahi,

Rampasso

et al. 2024

JM2

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Purpose This research aims to understand the primary challenges encountered by entrepreneurs operating in emerging economies, where entrepreneurship plays a vital role. The study places a particular emphasis on entrepreneurs in Brazil. Design/methodology/approach The research methodology involved the analysis of data obtained from interviews, using both content analysis and Grey Relational Analysis techniques. Findings The analysis revealed several prominent difficulties that entrepreneurs face in these domains. These challenges encompassed issues such as grappling with intricate taxation systems and the associated tax burden, navigating government bureaucracy, securing access to essential financing and initial investments, contending with the absence of supportive government programs and addressing the dynamic nature of market conditions. The findings on the most critical barriers reveal potential pathways for entrepreneurs, policymakers and universities to act in developing the entrepreneurial ecosystem in emerging economies. Originality/value The insights garnered from this research have the potential to inform the formulation of robust public policies aimed at fostering entrepreneurship and innovation in emerging countries. Furthermore, these findings can serve as a valuable resource for planning initiatives designed to train engineers to become successful entrepreneurs.

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Entrepreneurial barriers in achieving sustainable business and cultivation of innovation: a resource-based view theory perspective

Cited by 8 publications

References 89 publications

Guest editorial: Sustainable entrepreneurship: a new approach in Latin America and the Caribbean

Guest editorial: Sustainable entrepreneurship: a new approach in Latin America and the Caribbean

Examining the impact of green entrepreneurship drivers on sustainable development in the context of emerging country

Understanding the challenges of entrepreneurship in emerging economies: a grey systems-based study with entrepreneurs in Brazil

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