articleBusiness Strategy and the EnvironmentFeb 25, 2015GREEN OA

Sustainable Entrepreneurship: A Convergent Process Model

Technical University of Munich

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Abstract

Abstract Sustainable entrepreneurship pursues a triple bottom line approach of economic, social and ecological goals. The main aim of this paper is to add to our understanding of the process of sustainable entrepreneurship. Since the field of sustainable entrepreneurship is in a nascent stage, we conduct a qualitative study. We employ a multiple case study design to build theory. Based on four case studies we develop a model, which describes the process of sustainable entrepreneurship, including six phases: 1) recognizing a social or ecological problem; 2) recognizing a social or ecological opportunity; 3) developing a double bottom line solution; 4) developing a triple bottom line solution; 5) funding and…

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672
total citations
FWCI
54.74
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100%
References
64
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Authors

2

Topics & keywords

Keywords
  • Entrepreneurship
  • Triple bottom line
  • Sustainable development
  • Process (computing)
  • Field (mathematics)
  • Social entrepreneurship
  • Business
  • Sustainable business
UN Sustainable Development Goals
  • Decent work and economic growth
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