Innovation and Entrepreneurship: Opportunities, Societal Challenges, and Sustainability

A special issue of Administrative Sciences (ISSN 2076-3387). This special issue belongs to the section "International Entrepreneurship".

Deadline for manuscript submissions: closed (30 September 2023) | Viewed by 18071

Special Issue Editors


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Guest Editor
CEG-IST, Centre for Management Studies of IST, University of Lisbon, 1649-004 Lisbon, Portugal
Interests: entrepreneurship; open innovation; patents; technology transfer; academic spinoffs
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
1. Law Department, Università di Torino, Torino, Italy
2. Coordinator of the Startup Creation Lab, Università di Torino, Torino, Italy
3. Coordinator of the Master Program in Administrative Sciences for Public and Private Organizations, Università di Torino, Torino, Italy
Interests: economics of innovation; entrepreneurship

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Guest Editor
1. Faculty of Human and Social Sciences, University of Beira Interior, Estrada do Sineiro, 6200 209 Covilhã, Portugal
2. NECE-UBI—Research Centre for Business Sciences, University of Beira Interior, 6200 209 Covilhã, Portugal
Interests: entrepreneurship; innovation; public policy; sustainable development
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Recently, there has been renewed interest in sustainable development, especially targeted at emergent research topics such as environmental impacts, climate change, food scarcity and security, health impacts, well-being, and social inclusion, reshaping new tendencies for entrepreneurial ventures creation and eco-innovation generation focused on answering such societal challenges.

Sustainable entrepreneurship and eco-innovation mixes the generic concept of entrepreneurship and innovation with sustainability, leading various parties to tackle the UN Sustainable Development Goals. Other connected fields come into action to address such societal challenges, namely technological developments, strategic competition and environmental/ecological problems as sources for entrepreneurial opportunities.

Sustainable entrepreneurship appears as a new trend of venture creation and innovation generation challenges focused on a long-term perspective and social and environmental values.

In this line of reasoning, there is a need to address sustainable entrepreneurship and innovation from a multidisciplinary lens crossing the entrepreneurship and innovation focused on sustainability, ensuring economic benefit and business growth. New research is welcome to advance knowledge about the societal and sustainable requirements for entrepreneurial ventures and innovation generation, the development of adequate business models to guide exploration, the set of challenges and opportunities, or the digitalization processes targeted at sustainable development, and this Special Issue will give us the possibility to look inside this emergent field.

Prof. Dr. Dina Batista Pereira
Dr. Dario Peirone
Dr. João Carlos Correia Leitão 
Guest Editors

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Keywords

  • circular business models
  • eco-innovation
  • green entrepreneurship
  • societal challenges
  • sustainable development goals
  • sustainable entrepreneurship

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Published Papers (4 papers)

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Research

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21 pages, 3422 KiB  
Article
The Role of the Agglomeration Economy and Innovation Ecosystem in the Process of Competency Development and Growth of Small and Medium-Sized Enterprises
by Dario Peirone, Dina Batista Pereira, João Leitão and Olha Nezghoda
Adm. Sci. 2024, 14(9), 222; https://doi.org/10.3390/admsci14090222 - 14 Sep 2024
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Abstract
In our paper, we examine the simultaneous impact of the agglomeration economy (AE) and the innovation ecosystem (IE) on the competency development of SMEs in the Piemonte region in three high-tech sectors: aerospace, mechatronics, and automotive. This study focuses on the critical challenge [...] Read more.
In our paper, we examine the simultaneous impact of the agglomeration economy (AE) and the innovation ecosystem (IE) on the competency development of SMEs in the Piemonte region in three high-tech sectors: aerospace, mechatronics, and automotive. This study focuses on the critical challenge for SMEs: survival and market position expansion amidst rapidly changing external environments. We used the capability approach, which includes identifying and assessing a company’s competencies through the capability matrix, as a tool to analyse a company’s competitiveness in the industry based on structural changes; we determined the key insights from managerial practices of SMEs that help to comprehend the behaviour of high-performing, sustainable-performing, and low-performing companies in the development of competencies. The key finding is that SMEs’ sustainability in the context of structural changes in the external environment is primarily influenced by factors such as investment in the development of company competencies, industrial cooperation, strategic planning, cross-fertilisation, and the impact of company age and size on the availability of resources, along with the level of internationalisation. This study also identifies the main challenges these SMEs face, particularly the lack of highly skilled human resources to meet the sector’s specific needs, as well as the difficulties companies face in adapting to changes in consumer behaviour and forecasting future business strategies. In addition, this study introduces the AE and IE variables as strategic tools to enable company representatives to improve their development strategies. Full article
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17 pages, 1031 KiB  
Article
Examining the Relationship between Green Mindfulness, Spiritual Intelligence, and Environmental Self Identity: Unveiling the Path to Green Entrepreneurial Intention
by Ali Saleh Alshebami, Mossab Saud Alholiby, Ibrahim A. Elshaer, Abu Elnasr E. Sobaih and Salem Handhal Al Marri
Adm. Sci. 2023, 13(10), 226; https://doi.org/10.3390/admsci13100226 - 19 Oct 2023
Cited by 10 | Viewed by 3001
Abstract
As inculcating green intention and behaviour among individuals, particularly potential entrepreneurs (students), has recently become a hot topic of discussion, it is essential to contribute to this debate by offering empirical evidence. Accordingly, the objective of this study is to examine how green [...] Read more.
As inculcating green intention and behaviour among individuals, particularly potential entrepreneurs (students), has recently become a hot topic of discussion, it is essential to contribute to this debate by offering empirical evidence. Accordingly, the objective of this study is to examine how green mindfulness (GM) and spiritual intelligence (SPI) enhance environmental self-identity (ESI). This study also examined the role of GM and SPI in developing green entrepreneurial intention (GEI). The study investigated whether ESI could mediate the relationship between GM, SPI, and GEI. The study gathered information from 202 students at King Faisal University’s Business Administration and Applied Colleges in Saudi Arabia using a self-administered questionnaire for these objectives. The study employed partial least-squares structural equation modeling to analyse the data. The study revealed some interesting findings. It was discovered that GM has a direct and significant positive association with ESI and GEI. Furthermore, it was also reported that SPI has a positive and significant connection with ESI, but no positive relationship with GEI. ESI revealed the existence of a meaningful positive relationship with GEI. Finally, when examining the mediating role played by the ESI, the study reported the inability of the ESI to mediate the relationship between GM and GEI. At the same time, it was able to fully mediate between SPI and GEI. The study provides a set of recommendations for policymakers and other stakeholders. The study is considered one of few studies investigating the key factors influencing GEI among students. Full article
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20 pages, 726 KiB  
Article
The Influence of Economic and Entrepreneurial Education on Perception and Attitudes towards Entrepreneurship
by Garofița Loredana Ilieș, Iulia Cristina Mureșan, Iulia Diana Arion and Felix H. Arion
Adm. Sci. 2023, 13(10), 212; https://doi.org/10.3390/admsci13100212 - 22 Sep 2023
Cited by 2 | Viewed by 2673
Abstract
The entrepreneurial behavior of individuals is a result of a complex assembly of factors, and education is one of them. The article is aiming to address the scientific gap in the relation between education and the intention and attitudes in entrepreneurship by focusing [...] Read more.
The entrepreneurial behavior of individuals is a result of a complex assembly of factors, and education is one of them. The article is aiming to address the scientific gap in the relation between education and the intention and attitudes in entrepreneurship by focusing on the analysis of the economic and entrepreneurial background as a determinant factor. Besides that, the study looked for the factors that influence entrepreneurial intention and intended to find out if there are significant differences between economic and non-economic backgrounds and entrepreneurial intentions of individuals. A survey with 582 validated respondents was employed in the north-west and the west part of Romania to determine the entrepreneurial intention of the residents. For investigating the results, descriptive statistics were used to analyze the socio-demographic characteristics of the respondents, and principal component analysis with varimax rotation was conducted to reduce the number of items used to analyze the entrepreneurial intention of the respondents. The study demonstrated the significance of entrepreneurial education for entrepreneurs and the entrepreneurial process: the higher variance is given by entrepreneurial intention (58.75%) for those with economic studies and by entrepreneurial capacity (58.39%) for those without economic studies. It concludes that entrepreneurial education policies should concentrate on the increase of opportunities for entrepreneurs and on creating a culture of entrepreneurship. Regression analysis revealed that entrepreneurial capacity, personal attraction, social valuation, and entrepreneurial education/economic background significantly predict entrepreneurial intention. Full article
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Review

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31 pages, 2561 KiB  
Review
Addressing Poverty through Social Entrepreneurship for Sustainable Development: A Comprehensive Bibliometric Analysis
by Md. Tota Miah, Zoltán Lakner and Mária Fekete-Farkas
Adm. Sci. 2024, 14(1), 16; https://doi.org/10.3390/admsci14010016 - 17 Jan 2024
Cited by 1 | Viewed by 9249
Abstract
The increasing social and environmental challenges, particularly poverty, have brought social entrepreneurship, a highly researched domain, to the attention of academicians. It has emerged as a critical issue in the context of economic development and societal well-being. The current study presents a comprehensive [...] Read more.
The increasing social and environmental challenges, particularly poverty, have brought social entrepreneurship, a highly researched domain, to the attention of academicians. It has emerged as a critical issue in the context of economic development and societal well-being. The current study presents a comprehensive bibliometric analysis in the field of social entrepreneurship and poverty alleviation to explain the current state, geographical performance, and future research agenda. Utilizing VOS viewer (version 1.6.20) and R Studio software (version 4.3.2), 461 final articles were examined and extracted from the Web of Science database, covering the period from 1998 to 2022. The findings reveal a significant increase in research activity in this field since 2009, indicating a growing demand for it as a solution to social challenges. Notably, the years 2021–2022 witnessed a remarkable 55% surge in research output. The Sustainability Journal ranks first as the most productive source, followed by the Journal of Cleaner Production. The most prolific authors are Nina Kolleck from Germany, David Littlewood, and Diane Holt from the UK. Additionally, this study assesses the geographic distribution of research contributions, highlighting regions with relatively lower research performance, such as South Asian and African countries. Leading in this domain are the UK, Spain, the USA, and European institutions. Co-citation patterns reveal four thematic clusters: (1) dynamics of social entrepreneurship; (2) sustainable entrepreneurial ecosystem; (3) social entrepreneurship for social innovation; and (4) integrated sustainable entrepreneurship, shedding light on critical aspects and the intellectual structure of this domain. Finally, keyword co-occurrence analysis identifies emerging research areas, e.g., entrepreneurial development, the role of higher education, enterprise collaboration, inclusive growth, and socio-economic empowerment. This research provides valuable insights for policymakers, researchers, and practitioners committed to achieving sustainable social change. Full article
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