Young and Tilley noted that Crals and Vereeck had defined sustainable entrepreneurship as the “continuing commitment by businesses to behave ethically and contribute to economic development while improving the quality of life for the workforce, their families, the local and global community as well as...
Entrepreneurship is a popular topic for researchers and policymakers around the world and much of the work in the area does not distinguish new businesses by size or strategy. However, it is now widely acknowledged that a sub-class of entrepreneurs, often referred to as “growth-oriented...
Acs and Szerb believed that the GEM project and its focus on the business formation process in a large number countries, while impressive and valuable, fell short due to its failure to incorporate the different impacts of new businesses and its ranking of countries based...
No business is without some sort of risk and overcoming those risks is the key to achieving an acceptable return on investment of capital, technology and human resources. Higher levels of risk drive investors to expect greater risk-adjusted returns in exchanging for providing capital to...
The following list of assessment questions incorporate requirements for and elements of sustainable entrepreneurship proposed in several well-known models and frameworks of corporate sustainability and sustainable entrepreneurship listed as sources below. Leadership and Governance Considerations Have we identified and integrated sustainable value propositions into our business...
Many believe that the first serious reference to geographic concentrations of interconnected companies—“clusters”—appeared in the work of Cambridge economist Alfred Marshall, who described “industrial districts” that arose from an observed tendency of specialized companies to cluster together to form geographic concentrations of expertise and economic...
One of the most important and challenging elements of any business plan is the mission statement, which should be a short and concise pronouncement of the purpose for which the company has been organized and the specific targets and objectives of the company’s business activities. ...
Research is obviously an important part of the process of developing, drafting and implementing a marketing plan. A good deal of research should be completed even before the company turns to settling on its objectives for the marketing campaign since the company will need to...
The suggested analyses of products, competition, financial matters, risks and environmental factors are some of the most important elements of the broader exercise of preparing a business plan for an emerging company. A business plan is the first step toward creating the discipline necessary in...
The International Institute for Sustainable Development (IISD) was established in 1990 as an independent non-profit organization dedicated to promoting human development and environmental sustainability through innovative research, communication and partnerships. The strategic plan for the IISD includes the following programs and core strategic goals: Economic Law and...