Navigating The Future Of Entrepreneurship And Sustainability: The Global Paradigm
Sr No:
2
Page No:
7-13
Language:
English
Authors:
Edwin Ihechituru Edwin*
Published Date:
2025-04-24
Abstract:
The paper which focuses on “Navigating the Future of Entrepreneurship and Sustainability: The Global Paradigm” argues that the world is at a critical juncture, where the pursuit of economic growth and innovation must be reconciled with the imperative of environmental sustainability and social responsibility. As the global paradigm shifts towards a more sustainable and equitable future, entrepreneurs and business leaders are faced with both challenges and opportunities. This research explores the intersection of entrepreneurship and sustainability, examining the key drivers, trends, and strategies that are shaping the future of business and society. From secular economic models and sustainable innovation to social entrepreneurship and impact investing, the study identified the most promising approaches and practices that are enabling entrepreneurs and organizations to thrive while creating positive impact. Methodologically, data for this study were collected from primary and secondary sources. The primary source is interview. To support the findings of this study, the researchers made use of documentary sources which is also known as “Secondary Sources” from related literature on the subject matter. The study among others found out that the adoption of sustainable business practices among entrepreneurs and small businesses in developing countries can lead to improved economic outcomes, including increased revenue and profitability. The study found out among others that government should provide targeted support to entrepreneurs and small businesses in developing countries, including access to finance and technology, to help them adopt sustainable business practices. The paper thus, concludes that the adoption of sustainable business practices among entrepreneurs and small businesses in developing countries is crucial for achieving sustainable development.
Keywords:
Entrepreneurship, Sustainability. Innovation, Global, Paradigm.