Ioannis E. Nikolaou, Konstantinos P. Tsagarakis and Kyriaki Tasopoulou
The purpose of this paper is to address two research questions: which are the key factors that stimulate entrepreneurs to invest in ecopreneurship, and how ecopreneurhsip…
Abstract
Purpose
The purpose of this paper is to address two research questions: which are the key factors that stimulate entrepreneurs to invest in ecopreneurship, and how ecopreneurhsip contributes to environmental sustainability.
Design/methodology/approach
To answer these questions, a framework has been developed to identify the incentives that lead entrepreneurs to invest in firms in the ecopreneurship through institutional and resource-based thinking.
Findings
From a survey of 91 Greek firms from the green service sector, it is shown that some specific institutional and resource-based view factors play a critical role in green entrepreneurs’ decisions, as well as some certain environmental practices that are frequently used by entrepreneurs to address environmental issues.
Research limitations/implications
First, the answer of the second research question through data collected by a questionnaire survey may be faced with skepticism by some authors, as it could be seen that entrepreneurs and managers of firms could have overstated their company's environmental activities. Second, although the sample selection of 91 firms is a representative sample (response rate 12.35 percent) of the total population of Greek green firms (761) and equal to other relative studies, a higher number of firms and a wider variety of green entrepreneurship ventures is necessary in future research.
Practical implications
The findings are useful for scholars, practitioners and policy makers since it provide information regarding the behavior of green entrepreneurs.
Originality/value
The paper analyze the types of green entrepreneurs in relation to the different features and strategies which are emerged from two theories, such as institutional and resource-based theory.
Details
Keywords
Ayoub Derdabi and Ondřej Dvouletý
This literature review paper focuses on funding sustainable entrepreneurship. This paper aims to analyse the main trends in the intersection of these two fields, the current focus…
Abstract
Purpovse
This literature review paper focuses on funding sustainable entrepreneurship. This paper aims to analyse the main trends in the intersection of these two fields, the current focus of the literature and synthesises the main findings.
Design/methodology/approach
The analysis consists of bibliometric literature research and relevant peer-reviewed literature content analysis based on a corpus of 74 papers. The analysis aims to understand how sustainable entrepreneurs can fund their ventures and the main funding sources that could be used. The study also presents the challenges and the strategies to fund sustainable ventures.
Findings
The findings show that the literature in the field is still nascent, even though scholars have shown a growing interest in it in the past five years. The focus of the literature is quite diverse between macro- and micro-level analysis and there are some rising topics such as alternative finance like crowdfunding.
Originality/value
Based on the content analysis, the paper synthesises the main trends of the literature and identifies some potential research gaps, such as post-funding empirical research and the efficiency of regulations supporting the emergence of sustainable entrepreneurship.