Sustainability Entrepreneurship and the Importance of International Policies in Sustainable Development

Abstract

In the world of today, despite economic developments, there is an increase in negative social and environmental conditions. Sustainable development is to improve a better quality of life for current and future generations. Sustainable entrepreneurs develop products and services that are suitable for society and the environment instead of using traditional business processes and systems. Sustainable development and providing a liveable life for future generations depend on these entrepreneurs' use of innovation in their business processes and the effects of this situation on society. The aim of this study is to conceptually address the importance of international policies in sustainability entrepreneurship within the framework of the European Union's climate change and environmental sustainability policies, considering the social, environmental, and economic dimensions of sustainable development. Literature review methodology provides the advancement of knowledge by scoping and analysing previous research on the study. A literature review will be conducted regarding the research method, and determinations and suggestions will be presented within the framework of the purpose of the study. The data is collected from European Commission and Eurostat database. Entrepreneurship plays an important role in the transformation of countries towards a more sustainable future by protecting the environment and in harmonizing social, economic, and ecological goals. Climate change is one of the most important challenges of the 21st century. As climate change becomes more evident, the European Union's environmental policy has also evolved. The EU's policies on climate change and environmental sustainability create opportunities for technological development and sustainable entrepreneurship.

Keywords: Welfare economics, Sustainability entrepreneurship, Sustainable development,

Sürdürülebilirlik Girişimciliği ve Sürdürülebilir Kalkınmada Uluslararası Politikaların Önemi

Özet

Günümüzde ekonomik gelişmelerle birlikte olumsuz sosyal ve çevresel koşullarda artışlar görülmektedir. Sürdürülebilir kalkınma, mevcut ve gelecek nesiller için daha iyi bir hayat kalitesi sağlamaktır. Sürdürülebilirlik girişimciliği ise, geleneksel iş süreçlerini, sistemlerini kullanmak yerine topluma ve çevreye uygun ürün ve hizmetler geliştirmektedir. Sürdürülebilir kalkınma ve gelecek nesillere yaşanılabilir bir yaşam sağlamak, bu girişimcilerin inovasyonu iş süreçlerinde kullanmalarına ve bu durumun toplum üzerindeki etkilerine bağlıdır. Bu çalışmanın amacı, sürdürülebilir kalkınmanın sosyal, çevresel ve ekonomik boyutlarını kavramsal olarak ele alarak, Avrupa Birliği’nin iklim değişikliği ve çevresel sürdürülebilirlik politikaları çerçevesinde sürdürülebilirlik girişimciliğinde uluslararası politikaların önemini kavramsal olarak ele almaktır. Literatür tarama metodolojisi, kapsam belirleme, ve çalışmayla ilgili daha önce yapılmış araştırmaları analiz ederek bilginin ilerlemesini sağlamaktadır. Çalışmanın yöntemine yönelik literatür araştırması yapılarak, çalışmanın amacı çerçevesinde tespitler ve öneriler sunulacaktır. Veriler, Avrupa Komisyonu ve Eurostat veri tabanından toplanmıştır. Girişimcilik, ülkelerin çevreyi koruyarak, daha sürdürülebilir bir geleceğe doğru dönüşümlerinde ve sosyal, ekonomik ve ekolojik hedeflerin uyumlaştırılmasında önemli rol oynamaktadır. İklim değişikliği, 21. yüzyılın en önemli zorluklarından biridir. Avrupa Birliği'nin çevre politikası, iklim değişikliğinin belirgin hale gelmesiyle gelişme göstermiştir. Avrupa Birliği'nin iklim değişikliği ve çevresel sürdürülebilirlik konularındaki politikaları teknolojik gelişme ve sürdürülebilir girişimcilik için fırsat yaratmaktadır.

Anahtar kelimeler: Refah ekonomisi, sürdürülebilir girişimcilik, Sürdürülebilir kalkınma,

Asst. Prof. Dr. İlkay Erarslan (Beykent University, Istanbul, Türkiye)
0000-0002-1550-3693 ilkaye@beykent.edu.tr

Submitted on: 2023-10-01 Accepted on: 2024-01-18

Year:2024 - Volume:3 Issue:1 Pages: 32-41

DOI: https://doi.org/10.36880/J03.1.0123

Download as PDF

APA style citation: Erarslan, İ. (2024). Sustainability Entrepreneurship and the Importance of International Policies in Sustainable Development. Journal of Eurasian Economies, 3(1), 32-41.

References

  • Arslan, A., Al Kharusi, S., Hussain, S.M. & Alo, O. (2023). Sustainable entrepreneurship development in Oman: a multi-stakeholder qualitative study. International Journal of Organizational Analysis, 31(8), p. 35-59. https://doi.org/10.1108/IJOA-11-2022-3497
  • Aslan, T. (2018). Conceptual Model for Sustainable Development: An Explorative Study on Social Entrepreneurship in Turkey. Bahçeşehir University, Ph.D. Thesis.
  • Balcerzak, A.P., & Pietrzak, M.B. (2016). Application of TOPSIS Method for Analysis of Sustainable Development in European Union Countries. Institute of Economic Research Working Papers, 22(2016), p.2-12.
  • Brodny, J. & Tutak, M. (2022). Digitalization of Small and Medium-Sized Enterprises and Economic Growth: Evidence for the EU-27 Countries. Journal of Open Innovation Technology Market and Complexity 2022, 8 (67), p.1-31, https://doi.org/10.3390/ joitmc8020067
  • Calvo-Gallardo, E., Arranz, N. & Fernández de Arroyabe, J. C. (2022). Innovation systems’ response to changes in the institutional impulse: Analysis of the evolution of the European energy innovation system from FP7 to H2020. Journal of Cleaner Production, 340 (2022) 130810, p.1-17. https://doi.org/10.1016/j.jclepro.2022.130810
  • Calvo-Gallardo, E., Arranz, N. and Fernández de Arroyabe, J. C. (2021). Analysis of the European energy innovation system: Contribution of the Framework Programmes to the EU policy objectives, Journal of Cleaner Production, 298 (2021), p. 1-16
  • Crescenzi, R., Giua, M. & Sonzogno, G.V, (2021). Mind the Covid-19 Crisis: An evidence-based implementation of next generation EU). Journal of Policy Modelling, 2021(43), p. 278–297. https://doi.org/10.1016/j.jpolmod.2021.03.002
  • Cronin, E., Fieldsend, A., Rogge, E. & Block, T. (2022). Multi-actor Horizon 2020 projects in agriculture, forestry and related sectors: A Multi-level Innovation System framework (MINOS) for identifying multi-level system failures. Agricultural Systems, 196(103349), p. 1-13. https://doi.org/10.1016/j.agsy.2021.103349
  • Diesendorf, M. (1999). Sustainability and Sustainable Development. In Dunphy, D, Benveniste, J, Griffiths, A. and Sutton, P. (eds) Sustainability: The corporate challenge of the 21st century, Sydney: Allen & Unwin, p.19-37.
  • Dresner, S. (2008). The Principles of Sustainability. Earthscan, London, UK.
  • EUR-Lex (2010). https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=LEGISSUM:i23022 (07.06.2023)
  • Ehrenberg, J.P., Utzinger, J., Fontes, G., Mauricio da Rocha, E.M., Ehrenberg, N., Zhou, X.N. & Steinmann, P. (2021). Efforts to mitigate the economic impact of the COVID-19 pandemic: potential entry points for neglected tropical diseases. Ehrenberg et al. Infect Dis Poverty, 10(2), p. 4-13, https://doi.org/10.1186/s40249-020-00790-4
  • Eikeland, P.O & Skjærseth, J.B. (2021). The politics of low-carbon innovation: Implementing the European Union’s strategic energy technology plan. Energy Research & Social Science, 76(2021), p. 1-8. https://doi.org/10.1016/j.erss.2021.102043
  • European Commission (2014). Strategic Energy Technology Plan Study on Energy Education and Training in Europe: Assessment Reports of the Expert Working Groups. Publications Office of the European Union, ISBN 978-92-79-39145-3
  • European Commission (2016). https://ec.europa.eu/commission/presscorner/detail/de/MEMO_16_146 (05.06.2023)
  • European Commission (2021). The EU’s 2021-2027 long-term budget and NextGenerationEU: Facts and Figures. Publications Office of the European Union. ISBN 978-92-76-30627-6. https://doi.org/10.2761/808559
  • European Commission (2022). Report From The Commission to The European Parliament and The Council on the implementation of the Recovery and Resilience Facility, Brussels. https://commission.europa.eu/system/files/2022-03/com_2022_75_1_en.pdf (07.06.2023)
  • European Commission Horizon (2020). https://research-and-innovation.ec.europa.eu/funding/funding-opportunities/funding-programmes-and-open-calls/horizon-2020_en (07.06.2023).
  • European Commission Horizon Europe (2021). The EU Research& Innovation Programme 2021-27. https://research-and-innovation.ec.europa.eu/document/9224c3b4-f529-4b48-b21b-879c442002a2_en (07.06.2023).
  • European Commission NextGenerationEU (2023). https://commission.europa.eu/strategy-and-policy/eu-budget/eu-borrower-investor-relations/nextgenerationeu_en (07.06.2023).
  • European Commission NextGenerationEU (2023). https://commission.europa.eu/strategy-and-policy/eu-budget/eu-borrower-investor-relations/nextgenerationeu_en#:~:text=NextGenerationEU%20is%20the%20EU's%20%E2%82%AC,digital%20and%20more%20resilient%20future. (07.06.2023)
  • European Commission Spain’s recovery and resilience plan (2021). https://commission.europa.eu/business-economy-euro/economic-recovery/recovery-and-resilience-facility/spains-recovery-and-resilience-plan_en
  • European Commission, Horizon Europe (2020). https://research-and-innovation.ec.europa.eu/funding/funding-opportunities/funding-programmes-and-open-calls/horizon-europe_en (07.06.2023).
  • European Union (2023). Recovery and Resilience Facility. https://next-generation-eu.europa.eu/recovery-and-resilience-facility_en (04.06.2023)
  • European Union (2023). https://european-union.europa.eu/principles-countries-history/principles-and-values/founding-agreements_en (08.06.2023).
  • Eurostat (2021). Environmental protection expenditure https://ec.europa.eu/eurostat/databrowser/view/env_ac_exp1r2/default/table?lang=en (14.04.2023)
  • Eurostat (2022). Environmental protection expenditure accounts, https://ec.europa.eu/eurostat/statisticsexplained/index.php?title=Environmental_protection_expenditure_accounts (14.04.2023)
  • Fair, N., Modafferi, S., Nizamis, A. & Wajid, U. (2023). Effective project management of 3rd party funding in European Union Horizon Industry4.0 projects: sharing experiences from two use cases. Procedia Computer Science 219 (2023), p. 1985–1993. https://doi.org/10.1016/j.procs.2023.01.499
  • Gibbs, D. (2006). Sustainability Entrepreneurs, Ecopreneurs and the Development of a Sustainable Economy. Greener Management International, No. 55, Sustainability Entrepreneurship Research (Autumn 2006), p. 63-78. https://www.jstor.org/stable/10.2307/greemanainte.55.63
  • González-Serrano, M.H., Añó Sanz, V. & González-García, R.J. (2020). Sustainable Sport Entrepreneurship and Innovation: A Bibliometric Analysis of This Emerging Field of Research. Sustainability, 12(5209), p. 2-26. https://doi.org/10.3390/su12125209
  • Gupta, J. & Vegelin, C. (2016). Sustainable development goals and inclusive development. Int. Environ. Agreements, 16 (2016), p.433–448. https://doi.org/10.1007/s10784-016-9323-z
  • Harris, J.M. (2003). Sustainability and Sustainable Development. International Society for Ecological Economics Internet Encyclopaedia of Ecological Economics, February 2003. https://isecoeco.org/pdf/susdev.pdf (02.06.2023).
  • Harvey, M., Kiessling, T. & Moeller, M. (2010). A view of entrepreneurship and innovation from the economist for all seasons Joseph S. Schumpeter, Journal of Management History, 16(4) 2010, p. 527-531, https://doi.org/10. 1108/17511341011074004
  • Husiev, O., Arrien, O.U. & Enciso-Santocildes, M. (2023). What does Horizon 2020 contribute to? Analysing and visualising the community practices of Europe’s largest research and innovation programme. Energy Research & Social Science, 95(102879), p.1-13. https://doi.org/10.1016/j.erss.2022.102879
  • Janssen, L.G.J, Arántegui, R.L., Brøndsted, P., Gimondo, P., Klimpel, A., Johansen, B.B. & Thibaux, P. (2012). Scientific Assessment in support of the materials Roadmap enabling Low Carbon Energy Technologies Wind Energy, Publications Office of the European Union, ISBN 978-92-79-22936-7
  • Kesner-Škreb, M. (2009). 7th Framework Programme for Research and Technological Development, FP7. Financial Theory and Practice, 33(3), p.363-364.
  • Ketchen, D.J., Jr., Ireland, R.D. & Snow, C.C. (2007). Strategic entrepreneurship, collaborative innovation, and wealth creation. Strategic Entrepreneurship J., 1, p. 371-385. https://doi.org/10.1002/sej.20
  • Kim, J. & Yoo, J., 2019. Science and Technology Policy Research in the EU: From Framework Programme to HORIZON 2020. Social Sciences, 8(153), p.1-10. https://doi.org/10.3390/socsci8050153
  • Llombart-Estopiñán, A., Jimenez, I.M. and Gallardo, E.C. (2011). The Strategic Energy Technology Plan: Financial Instruments. International Conference on Renewable Energies and Power Quality, 1(9), p.15-22.  https://doi.org/10.24084/repqj09.006
  • Meglio, O. & Di Paola, N. (2021). Innovation and Entrepreneurship for Well-Being and Sustainability. Sustainability, 13(9154), p.2-6. https://doi.org/10.3390/su13169154
  • Moallemi, E.A., Eker, S., Gao, L., Hadjikakou, M., Liu, Q, Kwakkel, J., Reed, P.M., Obersteiner, M., Guo, Z. & Bryan, A. B. (2022). Early Systems Change Necessary for Catalyzing Long-term Sustainability in a Post-2030 Agenda, One Earth. Vol: 5, p. 792–811.
  • Next Generation EU (2022). Recovery and Resilience Scoreboard: Thematic analysis digital skills and education. European Commission. https://ec.europa.eu/economy_finance/recovery-and-resilience-scoreboard/assets/thematic_analysis/scoreboard_thematic_analysis_digital_skills.pdf. (04.06.2023)
  • Pinkse, J. & Groot, K. (2015). Sustainable entrepreneurship and corporate political activity: overcoming market barriers in the clean energy sector, Entrepreneurship Theory and Practice, 39(3), p. 633-654
  • Rosato, P. F., Caputo, A., Valente, D. & Pizzi, S. (2021). 2030 Agenda and sustainable business models in tourism: A bibliometric analysis. Ecological Indicators. 121 (2021), p. 1-10
  • Ruester, S., Schwenen, S., Finger, M. & Glachant, J.M. (2014). A post-2020 EU energy technology policy: Revisiting the strategic energy technology plan, Energy Policy, 66 (2014), p.209-217. https://doi.org/10.1016/j.enpol.2013.11.044.
  • Soriano, F. H. & Mulatero, F. (2011). EU Research and Innovation (R&I) in renewable energies: The role of the Strategic Energy Technology Plan (SET-Plan). Energy Policy, 39(2011), p.3582-3590. https://doi.org/10.1016/j.enpol.2011.03.059
  • Tilley, F. & Young, W. (2006). Sustainability Entrepreneurs: Could They Be the True Wealth Generators of the Future? Greener Management International, No: 55, Sustainability Entrepreneurship Research (Autumn 2006), p. 79-92
  • Wiesenthal, T., Mercier, A., Schade, B., Petrič, H. & Szabó, L. (2010). Quantitative Assessment of the Impact of the Strategic Energy Technology Plan on the European Power Sector. Publications Office of the European Union. ISBN 978-92-79-17205-2