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The Role Of Firms And Entrepreneurship On Local Development

Author

Listed:
  • Nelson Jorge Ribeiro Duarte

    (ESTGF/IPP/CETRAD, Portugal)

  • Francisco José Lopes de Sousa Diniz

    (DESG/UTAD/CETRAD/ NISTADS/CSIR, Portugal)

Abstract

The present paper considers and analyzes the role of management and entrepreneurship on the firm and region sustainability. This relation was explored in terms of managers’ behaviour related to three aspects of sustainable development, namely, economic, social and environmental.Through a questionnaire survey of 251 micro, small and medium firms in Vale do Sousa region located in the Northern Portugal, it was discovered that, contrary to what most of literature presents, managers are putting in first place the environmental aspect of sustainability, followed by the social aspect, and the economic as the last one. These results lead to a characterization of firms as being sustainable, but with a risk-averse and non innovative behaviour on the part of the firms’ management.

Suggested Citation

  • Nelson Jorge Ribeiro Duarte & Francisco José Lopes de Sousa Diniz, 2011. "The Role Of Firms And Entrepreneurship On Local Development," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 5(1), pages 54-69, JUNE.
    • Handle: RePEc:rrs:journl:v:5:y:2011:i:1:p:54-69
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    References listed on IDEAS

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    Cited by:

    1. Anna ARENT & Matylda BOJAR & Francisco DINIZ & Nelson DUARTE, 2015. "The Role Of Smes In Sustainable Regional Development And Local Business Integration: The Case Of Lublin Region (Poland)," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 23-34, December.
    2. Maria Lúcia Pato & Aurora A.C. Teixeira, 2013. "Twenty years of rural entrepreneurship: a bibliometric survey," FEP Working Papers 516, Universidade do Porto, Faculdade de Economia do Porto.

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    More about this item

    Keywords

    small firms; entrepreneurship; sustainability;
    All these keywords.

    JEL classification:

    • Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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