IDEAS home Printed from https://ideas.repec.org/a/eee/jbrese/v123y2021icp613-624.html
   My bibliography  Save this article

An empirical study on the impact of sustainable entrepreneurship: Based on the environmental Kuznets model

Author

Listed:
  • Gu, Wentao
  • Zheng, Xiaoyan

Abstract

The economy and environment are closely related and inseparable. This paper attempts to reinterpret the environmental Kuznets model from an entrepreneurial perspective. Therefore, in this paper, the panel regression model is used to test the relationship between entrepreneurship, economic development and environmental pollution under micro data, and a moderated mediation model is constructed to analyze the relationship between entrepreneurship and the three environmental effects. In addition, in this paper, the environmental Kuznets curve and entrepreneurial influences under different regions, industrial properties and property rights are considered from the perspective of enterprise heterogeneity. The results show that China’s listed polluting enterprises display an N-type environmental Kuznets curve. The direct effect of entrepreneurship promotes environmental pollution, but entrepreneurship exerts an adverse effect on the environment through environmental technological effects, scale effects and structural effects. At the same time, environmental regulation reverses the positive effect of the moderated effect on environmental pollution and then alleviates environmental pressure.

Suggested Citation

  • Gu, Wentao & Zheng, Xiaoyan, 2021. "An empirical study on the impact of sustainable entrepreneurship: Based on the environmental Kuznets model," Journal of Business Research, Elsevier, vol. 123(C), pages 613-624.
    • Handle: RePEc:eee:jbrese:v:123:y:2021:i:c:p:613-624
    DOI: 10.1016/j.jbusres.2020.10.011
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0148296320306597
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jbusres.2020.10.011?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Sinha, Avik & Shahbaz, Muhammad & Balsalobre, Daniel, 2017. "Exploring the Relationship between Energy Usage Segregation and Environmental Degradation in N-11 Countries," MPRA Paper 81212, University Library of Munich, Germany, revised 07 Sep 2017.
    2. Grossman, G.M & Krueger, A.B., 1991. "Environmental Impacts of a North American Free Trade Agreement," Papers 158, Princeton, Woodrow Wilson School - Public and International Affairs.
    3. Ben Youssef, Adel & Boubaker, Sabri & Omri, Anis, 2018. "Entrepreneurship and sustainability: The need for innovative and institutional solutions," Technological Forecasting and Social Change, Elsevier, vol. 129(C), pages 232-241.
    4. Selden Thomas M. & Song Daqing, 1994. "Environmental Quality and Development: Is There a Kuznets Curve for Air Pollution Emissions?," Journal of Environmental Economics and Management, Elsevier, vol. 27(2), pages 147-162, September.
    5. Cohen, Boyd & Winn, Monika I., 2007. "Market imperfections, opportunity and sustainable entrepreneurship," Journal of Business Venturing, Elsevier, vol. 22(1), pages 29-49, January.
    6. William Brock & M. Taylor, 2010. "The Green Solow model," Journal of Economic Growth, Springer, vol. 15(2), pages 127-153, June.
    7. Dhahri, Sabrine & Omri, Anis, 2018. "Entrepreneurship contribution to the three pillars of sustainable development: What does the evidence really say?," World Development, Elsevier, vol. 106(C), pages 64-77.
    8. Gene M. Grossman & Alan B. Krueger, 1995. "Economic Growth and the Environment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(2), pages 353-377.
    9. Wentao Gu & Xuzheng Qian & Junpeng Lu, 2018. "Venture capital and entrepreneurship: a conceptual model and research suggestions," International Entrepreneurship and Management Journal, Springer, vol. 14(1), pages 35-50, March.
    10. Buehn, Andreas & Farzanegan, Mohammad Reza, 2013. "Hold your breath: A new index of air pollution," Energy Economics, Elsevier, vol. 37(C), pages 104-113.
    11. Stokey, Nancy L, 1998. "Are There Limits to Growth?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(1), pages 1-31, February.
    12. Song, Tao & Zheng, Tingguo & Tong, Lianjun, 2008. "An empirical test of the environmental Kuznets curve in China: A panel cointegration approach," China Economic Review, Elsevier, vol. 19(3), pages 381-392, September.
    13. Stern, David I. & Common, Michael S. & Barbier, Edward B., 1996. "Economic growth and environmental degradation: The environmental Kuznets curve and sustainable development," World Development, Elsevier, vol. 24(7), pages 1151-1160, July.
    14. Dasgupta, Susmita & Hettige, Hemamala & Wheeler, David, 2000. "What Improves Environmental Compliance? Evidence from Mexican Industry," Journal of Environmental Economics and Management, Elsevier, vol. 39(1), pages 39-66, January.
    15. Cropper, Maureen L & Oates, Wallace E, 1992. "Environmental Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 30(2), pages 675-740, June.
    16. York, Jeffrey G. & Venkataraman, S., 2010. "The entrepreneur-environment nexus: Uncertainty, innovation, and allocation," Journal of Business Venturing, Elsevier, vol. 25(5), pages 449-463, September.
    17. Culas, Richard J., 2007. "Deforestation and the environmental Kuznets curve: An institutional perspective," Ecological Economics, Elsevier, vol. 61(2-3), pages 429-437, March.
    18. Dean, Thomas J. & McMullen, Jeffery S., 2007. "Toward a theory of sustainable entrepreneurship: Reducing environmental degradation through entrepreneurial action," Journal of Business Venturing, Elsevier, vol. 22(1), pages 50-76, January.
    19. Francis M. Bator, 1958. "The Anatomy of Market Failure," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 72(3), pages 351-379.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nosheena Yasir & Muhammad Babar & Hafiz Shakir Mehmood & Ruyu Xie & Guanke Guo, 2023. "The Environmental Values Play a Role in the Development of Green Entrepreneurship to Achieve Sustainable Entrepreneurial Intention," Sustainability, MDPI, vol. 15(8), pages 1-27, April.
    2. Medase, S. Kehinde & Ahali, Aaron Yaw & Belitski, Maksim, 2023. "Natural resources, quality of institutions and entrepreneurship activity," Resources Policy, Elsevier, vol. 83(C).
    3. Wided Ragmoun, 2024. "The impact of environmental entrepreneurship and anti-corruption on environmental degradation," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 14(1), pages 1-14, December.
    4. Bonfanti, Angelo & De Crescenzo, Veronica & Simeoni, Francesca & Loza Adaui, Cristian R., 2024. "Convergences and divergences in sustainable entrepreneurship and social entrepreneurship research: A systematic review and research agenda," Journal of Business Research, Elsevier, vol. 170(C).
    5. Udemba, Edmund Ntom & Philip, Lucy Davou & Emir, Firat, 2022. "Performance and sustainability of environment under entrepreneurial activities, urbanization and renewable energy policies: A dual study of Malaysian climate goal," Renewable Energy, Elsevier, vol. 189(C), pages 734-743.
    6. Gu, Wentao & Wang, Jiayi, 2022. "Research on index construction of sustainable entrepreneurship and its impact on economic growth," Journal of Business Research, Elsevier, vol. 142(C), pages 266-276.
    7. Gupta, Brij B. & Gaurav, Akshat & Panigrahi, Prabin Kumar & Arya, Varsha, 2023. "Analysis of artificial intelligence-based technologies and approaches on sustainable entrepreneurship," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gupta, Brij B. & Gaurav, Akshat & Panigrahi, Prabin Kumar & Arya, Varsha, 2023. "Analysis of artificial intelligence-based technologies and approaches on sustainable entrepreneurship," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).
    2. Sabuj Kumar Mandal & Devleena Chakravarty, 2017. "Role of energy in estimating turning point of Environmental Kuznets Curve: an econometric analysis of the existing studies," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 19(2), pages 387-401, October.
    3. Stern, David I., 2014. "The Environmental Kuznets Curve: A Primer," Working Papers 249424, Australian National University, Centre for Climate Economics & Policy.
    4. Muhammad Bilal Khan & Hummera Saleem & Malik Shahzad Shabbir & Xie Huobao, 2022. "The effects of globalization, energy consumption and economic growth on carbon dioxide emissions in South Asian countries," Energy & Environment, , vol. 33(1), pages 107-134, February.
    5. Neophyta Empora, 2017. "Air pollution spillovers and U.S. state productivity growth," University of Cyprus Working Papers in Economics 06-2017, University of Cyprus Department of Economics.
    6. Matthew A. Cole & Andrea Lucchesi, 2014. "Economic growth and the environment," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 16, pages 252-266, Edward Elgar Publishing.
    7. Wentao Gu & Jiaye Wang & Xiyuan Hua & Zhongdi Liu, 2021. "Entrepreneurship and high-quality economic development: based on the triple bottom line of sustainable development," International Entrepreneurship and Management Journal, Springer, vol. 17(1), pages 1-27, March.
    8. Cunha, Barbara & Mani, Muthukumara, 2011. "DR-CAFTA and the environment," Policy Research Working Paper Series 5826, The World Bank.
    9. Wentao Gu & Jiaye Wang & Xiyuan Hua & Zhongdi Liu, 0. "Entrepreneurship and high-quality economic development: based on the triple bottom line of sustainable development," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-27.
    10. David I. Stern, 2017. "The environmental Kuznets curve after 25 years," Journal of Bioeconomics, Springer, vol. 19(1), pages 7-28, April.
    11. Wang, Sophie Xuefei & Fu, Yu Benjamin & Zhang, Zhe George, 2015. "Population growth and the environmental Kuznets curve," China Economic Review, Elsevier, vol. 36(C), pages 146-165.
    12. Matias Piaggio & Emilio Padilla & Carolina Roman, 2015. "The long-run relationshiop between C02 emissions and economic activity in a small open economy: Uruguay 1882-2010," Working Papers wpdea1506, Department of Applied Economics at Universitat Autonoma of Barcelona.
    13. Balsalobre-Lorente, Daniel & Shahbaz, Muhammad & Roubaud, David & Farhani, Sahbi, 2018. "How economic growth, renewable electricity and natural resources contribute to CO2 emissions?," Energy Policy, Elsevier, vol. 113(C), pages 356-367.
    14. Anelí Bongers, 2020. "The Environmental Kuznets Curve and the Energy Mix: A Structural Estimation," Energies, MDPI, vol. 13(10), pages 1-21, May.
    15. Bi Goli Jean Jacques Iritie, 2015. "Economic Growth and Biodiversity: An Overview Conservation Policies in Africa," Journal of Sustainable Development, Canadian Center of Science and Education, vol. 8(2), pages 196-196, February.
    16. Kangyin Dong & Xiucheng Dong & Qingzhe Jiang, 2020. "How renewable energy consumption lower global CO2 emissions? Evidence from countries with different income levels," The World Economy, Wiley Blackwell, vol. 43(6), pages 1665-1698, June.
    17. Pascalau, Razvan & Qirjo, Dhimitri, 2017. "TTIP and the Environmental Kuznets Curve," MPRA Paper 80192, University Library of Munich, Germany.
    18. Xiaoping He & Xin Yao, 2017. "Foreign Direct Investments and the Environmental Kuznets Curve: New Evidence from Chinese Provinces," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 53(1), pages 12-25, January.
    19. Amjad Ali & Marc Audi & Ismail Senturk & Yannick Roussel, 2022. "Do Sectoral Growth Promote CO2 Emissions in Pakistan? Time Series Analysis in Presence of Structural Break," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 410-425, March.
    20. Brajer, Victor & Mead, Robert W. & Xiao, Feng, 2011. "Searching for an Environmental Kuznets Curve in China's air pollution," China Economic Review, Elsevier, vol. 22(3), pages 383-397, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jbrese:v:123:y:2021:i:c:p:613-624. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jbusres .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.