IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v15y2022i3p849-d732483.html
   My bibliography  Save this article

Sustainable Entrepreneurship for Business Opportunity Recognition: Analysis of an Awareness Questionnaire among Organisations

Author

Listed:
  • Helena Fidlerová

    (Faculty of Materials Science and Technology in Trnava, Slovak University of Technology in Bratislava, Jána Bottu 2781/25, 917 24 Trnava, Slovakia)

  • Augustín Stareček

    (Faculty of Materials Science and Technology in Trnava, Slovak University of Technology in Bratislava, Jána Bottu 2781/25, 917 24 Trnava, Slovakia)

  • Natália Vraňaková

    (Faculty of Materials Science and Technology in Trnava, Slovak University of Technology in Bratislava, Jána Bottu 2781/25, 917 24 Trnava, Slovakia)

  • Cagri Bulut

    (Faculty of Business, Yasar University, Üniversite Caddesi 37-39, Bornova Izmir 35100, Turkey)

  • Michael Keaney

    (School of Business, Metropolia University of Applied Sciences, Leiritie 1, 01600 Vantaa, Finland)

Abstract

An important challenge for the future is focusing on sustainability in life and business. The three elements of sustainability (economic, environmental, and social), defined in 17 factors by the United Nations (UN) as the Sustainable Development Goals (SDGs), may, therefore, be the main drivers of business competitiveness and opportunity recognition. The main aim of the article is to identify the awareness level of sustainability and sustainable development goals in the context of business opportunity areas by analysing the results of a survey of organisations in six countries (Finland, Slovakia, Italy, Austria, Spain, and Turkey). A multilingual questionnaire, administered in six participating countries, was used as a collection tool to determine the organisation’s level of awareness regarding the SDGs. A research questionnaire was filled in by 238 respondents, providing a cross-cultural view of their attitudes, knowledge, and future interest in sustainability and the SDGs. The obtained results indicate differences in the approach to sustainability issues, the scope of knowledge, interest, competencies in sustainable development and SDGs, and the content of implementation of sustainability and SDGs in organisations in different sectors, regions and countries. Further statistical evaluation of the research hypotheses states the significant relationship between the two variables: sustainable strategy and the designation of a responsible employee in each organisation rs = 0.677 (α = 0.05). It is essential to eliminate the gap in the cross-cultural approach and knowledge in engaging with sustainable strategy and its implementation in current and future organisation activities in the context of sustainability and SDGs, in order to enhance opportunities for the growth of sustainability-focused entrepreneurship across different sectors and countries.

Suggested Citation

  • Helena Fidlerová & Augustín Stareček & Natália Vraňaková & Cagri Bulut & Michael Keaney, 2022. "Sustainable Entrepreneurship for Business Opportunity Recognition: Analysis of an Awareness Questionnaire among Organisations," Energies, MDPI, vol. 15(3), pages 1-15, January.
    • Handle: RePEc:gam:jeners:v:15:y:2022:i:3:p:849-:d:732483
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/15/3/849/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/15/3/849/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Frank Martin Belz & Julia Katharina Binder, 2017. "Sustainable Entrepreneurship: A Convergent Process Model," Business Strategy and the Environment, Wiley Blackwell, vol. 26(1), pages 1-17, January.
    2. Dhahri, Sabrine & Omri, Anis, 2020. "Foreign capital towards SDGs 1 & 2—Ending Poverty and hunger: The role of agricultural production," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 208-221.
    3. Katarzyna Huk & Mateusz Kurowski, 2021. "The Environmental Aspect in the Concept of Corporate Social Responsibility in the Energy Industry and Sustainable Development of the Economy," Energies, MDPI, vol. 14(18), pages 1-17, September.
    4. M.T. Magombeyi & N.M. Odhiambo, 2017. "Causal relationship between FDI and poverty reduction in South Africa," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1357901-135, January.
    5. Aurelia Rybak & Aleksandra Rybak & Spas D. Kolev, 2021. "Analysis of the EU-27 Countries Energy Markets Integration in Terms of the Sustainable Development SDG7 Implementation," Energies, MDPI, vol. 14(21), pages 1-22, October.
    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. Miroslav Kelemen & Beata Gavurova & Volodymyr Polishchuk, 2022. "A Complex Hybrid Model for Evaluating Projects to Improve the Sustainability and Health of Regions and Cities," IJERPH, MDPI, vol. 19(13), pages 1-26, July.
    2. Alena Pauliková & Jana Chovancová & Jarmila Blahová, 2022. "Cluster Modeling of Environmental and Occupational Health and Safety Management Systems for Integration Support," IJERPH, MDPI, vol. 19(11), pages 1-23, May.
    3. Ángel Acevedo-Duque & Gonzalo R. Llanos-Herrera & Elizabeth Emperatriz García-Salirrosas & Selene Simón-Isidoro & Agustín Pablo Álvarez-Herranz & Rina Álvarez-Becerra & Lisette C. Sánchez Díaz, 2022. "Scientometric Analysis of Hiking Tourism and Its Relevance for Wellbeing and Knowledge Management," IJERPH, MDPI, vol. 19(14), pages 1-21, July.
    4. Tancredi Pascucci & Giuseppina Maria Cardella & Brizeida Hernàndez-Sànchez & Jose Carlos Sànchez-Garcìa, 2022. "Environmental Sensitivity to Form a Sustainable Entrepreneurial Intention," Sustainability, MDPI, vol. 14(16), pages 1-17, August.
    5. Patrik Richnák, 2022. "Current Trend of Industry 4.0 in Logistics and Transformation of Logistics Processes Using Digital Technologies: An Empirical Study in the Slovak Republic," Logistics, MDPI, vol. 6(4), pages 1-21, November.
    6. Patrik Richnák & Helena Fidlerová, 2022. "Impact and Potential of Sustainable Development Goals in Dimension of the Technological Revolution Industry 4.0 within the Analysis of Industrial Enterprises," Energies, MDPI, vol. 15(10), pages 1-20, May.
    7. Cristina Nicolau & Eliza Nichifor & Daniel Munteanu & Oana Bărbulescu, 2022. "Decoding Business Potential for Digital Sustainable Entrepreneurship: What Romanian Entrepreneurs Think and Do for the Future," Sustainability, MDPI, vol. 14(20), pages 1-21, October.
    8. Letycja Sołoducho-Pelc & Adam Sulich, 2022. "Natural Environment Protection Strategies and Green Management Style: Literature Review," Sustainability, MDPI, vol. 14(17), pages 1-25, August.

    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. Patrik Richnák & Helena Fidlerová, 2022. "Impact and Potential of Sustainable Development Goals in Dimension of the Technological Revolution Industry 4.0 within the Analysis of Industrial Enterprises," Energies, MDPI, vol. 15(10), pages 1-20, May.
    2. Muhammad Farooq Islam & Ozge Can, 2024. "Integrating digital and sustainable entrepreneurship through business models: a bibliometric analysis," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 14(1), pages 1-18, December.
    3. Manpreet Rajpal & Bindu Singh, 2024. "How to drive sustainable entrepreneurial intentions: Unraveling the nexus of entrepreneurship education ecosystem, attitude and orientation," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(3), pages 1705-1721, May.
    4. Jim Andersén, 2023. "Green resource orchestration: A critical appraisal of the use of resource orchestration in environmental management research, and a research agenda for future study," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5506-5520, December.
    5. Vanessa da Silva Mariotto Onody & Ana Catarina Gandra de Carvalho & Eduardo Polloni-Silva & Guilherme Augusto Roiz & Enzo Barberio Mariano & Daisy Aparecida Nascimento Rebelatto & Herick Fernando Mora, 2022. "Corruption and FDI in Brazil: Contesting the “Sand” or “Grease” Hypotheses," Sustainability, MDPI, vol. 14(10), pages 1-18, May.
    6. Folorunsho M. Ajide & James T. Dada, 2023. "Poverty, entrepreneurship, and economic growth in Africa," Poverty & Public Policy, John Wiley & Sons, vol. 15(2), pages 199-226, June.
    7. Felipe Hernández-Perlines & Manuel Alejandro Ibarra Cisneros, 2018. "The Role of Environment in Sustainable Entrepreneurial Orientation. The Case of Family Firms," Sustainability, MDPI, vol. 10(6), pages 1-16, June.
    8. Yan Jin & Liyun Zhang & Lu Feng, 2022. "Success Factors of Cross-Border Agricultural Investments for Opium Poppy Alternative Project under China’s Belt and Road Initiative," Sustainability, MDPI, vol. 14(23), pages 1-16, November.
    9. Cordelia Onyinyechi Omodero & Joy Limaro Yado, 2024. "Effects of Foreign Direct Investment and Trade Openness on Tax Earnings: A Study of Selected Sub-Saharan African Economies," Economies, MDPI, vol. 12(12), pages 1-17, December.
    10. Chaudhary, Sanjay & Kaur, Puneet & Ferraris, Alberto & Bresciani, Stefano & Dhir, Amandeep, 2024. "Connecting entrepreneurial ecosystem and innovation. Grasping at straws or hitting a home run?," Technovation, Elsevier, vol. 130(C).
    11. Lang, Le Dang & Tiwari, Aviral Kumar & Hieu, Hoang Ngoc & Ha, Nguyen Minh & Gaur, Jighyasu, 2023. "The role of structural social capital in driving social-oriented sustainable agricultural entrepreneurship," Energy Economics, Elsevier, vol. 124(C).
    12. Régis Y. Chenavaz & Alexandra Couston & Stéphanie Heichelbech & Isabelle Pignatel & Stanko Dimitrov, 2023. "Corporate Social Responsibility and Entrepreneurial Ventures: A Conceptual Framework and Research Agenda," Sustainability, MDPI, vol. 15(11), pages 1-30, May.
    13. Temilola Osinubi, Tolulope, 2020. "The Role Of Income Inequality In The Globalisation-Poverty Nexus: Empirical Evidence From Mint Countries," Ilorin Journal of Economic Policy, Department of Economics, University of Ilorin, vol. 7(2), pages 67-89, June.
    14. Joacim Rosenlund, 2021. "The Environmental Concerns of Food Ecopreneurs," Sustainability, MDPI, vol. 13(11), pages 1-7, May.
    15. Kouam, Jean & Asongu, Simplice, 2022. "Effects of Taxation on Social Innovation and Implications for Achieving Sustainable Development Goals in Developing Countries: A Literature Review," MPRA Paper 114061, University Library of Munich, Germany.
    16. Gian Seloni & Sri Kusrohmaniah & Galang Lufityanto, 2023. "The perils of acting rashly: Risk-taking propensity impeding emotion-based learning in entrepreneurs [Les dangers de l’audace: La propension à prendre des risques entrave l’apprentissage basé sur l," Journal of International Entrepreneurship, Springer, vol. 21(1), pages 89-110, March.
    17. Aikaterini Argyrou & Nicolas Chevrollier & Andre Nijhof, 2023. "The versatile role of sustainable market entrepreneurs in market transformation: An intervention framework for institutional change," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 259-273, January.
    18. Renata Dana Nițu-Antonie & Emőke-Szidónia Feder & Vladimir Nițu-Antonie & Róbert-Károly György, 2023. "Predicting Sustainable Entrepreneurial Intentions among Romanian Students: A Mediated and Moderated Application of the Entrepreneurial Event Model," Sustainability, MDPI, vol. 15(6), pages 1-22, March.
    19. Morgan X. Yang & Ji Li & Irina Y. Yu & Kevin J. Zeng & Jian‐Min (James) Sun, 2019. "Environmentally sustainable or economically sustainable? The effect of Chinese manufacturing firms' corporate sustainable strategy on their green performances," Business Strategy and the Environment, Wiley Blackwell, vol. 28(6), pages 989-997, September.
    20. Butticè, Vincenzo & Colombo, Massimo G. & Fumagalli, Elena & Orsenigo, Carlotta, 2019. "Green oriented crowdfunding campaigns: Their characteristics and diffusion in different institutional settings," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 85-97.

    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:gam:jeners:v:15:y:2022:i:3:p:849-:d:732483. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.