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Type of Entrepreneurial Activity and Sustainable Development Goals

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  • Ana Venâncio

    (ISEG-Lisbon School of Economics and Management, Universidade de Lisboa, and ADVANCE/CSG, 1200-781 Lisbon, Portugal)

  • Inês Pinto

    (ISEG-Lisbon School of Economics and Management, Universidade de Lisboa, and ADVANCE/CSG, 1200-781 Lisbon, Portugal)

Abstract

In this study, we conduct an exploratory study with the aim to investigate whether the type of entrepreneurial activity contributes to the achievement of sustainable development goals (SDGs) in its five dimensions (people, prosperity, planet, peace, and partnership). In addition, we evaluate whether foreign direct investment (FDI) strengthens or reduces these relations. To do so, we apply a multivariate analysis to a sample of 67 countries and find that entrepreneurship contributes negatively to the achievement of SDGs. This effect is mostly due to necessity and non-innovative entrepreneurships, and is evident in the people, prosperity, and partnership dimensions. Nonetheless, FDI helps to diminish this negative effect, as it improves the relation between entrepreneurships, particularly necessity entrepreneurships, and SDG achievement. The main dimension which experiences an improvement due to FDI is people.

Suggested Citation

  • Ana Venâncio & Inês Pinto, 2020. "Type of Entrepreneurial Activity and Sustainable Development Goals," Sustainability, MDPI, vol. 12(22), pages 1-25, November.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:22:p:9368-:d:443312
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    2. Francesca Ricciardi & Cecilia Rossignoli & Alessandro Zardini, 2021. "Grand challenges and entrepreneurship: Emerging issues, research streams, and theoretical landscape," International Entrepreneurship and Management Journal, Springer, vol. 17(4), pages 1673-1705, December.
    3. Lina Karabetyan, 2023. "Impact of Entrepreneurial Activity and ICT Development on Sustainable Development: Evidence from High-Income Countries," Sustainability, MDPI, vol. 15(6), pages 1-14, March.
    4. El Houssain Bouichou & Tahirou Abdoulaye & Khalil Allali & Abdelghani Bouayad & Aziz Fadlaoui, 2021. "Entrepreneurial Intention among Rural Youth in Moroccan Agricultural Cooperatives: The Future of Rural Entrepreneurship," Sustainability, MDPI, vol. 13(16), pages 1-20, August.

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