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Policy for sustainable entrepreneurship : a crowdsourced framework
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Watson, Rosina, Nielsen, Kristian Roed, Wilson, Hugh N., Macdonald, Emma K., Mera, Christine and Reisch, Lucia (2023) Policy for sustainable entrepreneurship : a crowdsourced framework. Journal of Cleaner Production, 383 . 135234. doi:10.1016/j.jclepro.2022.135234 ISSN 0959-6526.
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Official URL: https://doi.org/10.1016/j.jclepro.2022.135234
Abstract
Sustainable entrepreneurship can contribute to sustainable development by seeking synergies between social, environmental and economic outcomes, turning market failures into commercial opportunities. However, institutional conditions often act to obstruct sustainable entrepreneurs. While policy is instrumental in shaping conditions for entrepreneurship, how policy can best support sustainable ventures specifically is under-researched. This study uses a novel crowdsourcing approach with multiple actors in the sustainable entrepreneurship ecosystem to explore how policy can create conditions conducive to sustainable entrepreneurship. An emergent multi-level policy framework outlines six mechanisms by which this may be achieved: resource prioritisation, competency building, sustainable market creation, networked sharing, collaborative replication, and impact valuation. These mechanisms enable three interconnected policy objectives: enterprise creation, system transformation, and impact reorientation. The study thereby makes four main contributions to literature on sustainable entrepreneurship and policy. First, it reveals the importance of a ‘meso level’ of policy that supports the sustainable entrepreneurship ecosystem, complementing micro-level supply-side and macro-level demand-side policies. Second, it proposes a policy focus not just on enterprises and how they are grown, but on sustainability-oriented innovations and how they are replicated. Third, it identifies the need for ‘impact re-orientation’ policies that track and optimise entrepreneurs' individual and collective triple-bottom-line impacts. Fourth, the study exemplifies a promising crowdsourcing method of co-creating policy.
Item Type: | Journal Article | ||||||||
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Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor |
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Divisions: | Faculty of Social Sciences > Warwick Business School > Marketing Group Faculty of Social Sciences > Warwick Business School |
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SWORD Depositor: | Library Publications Router | ||||||||
Library of Congress Subject Headings (LCSH): | Entrepreneurship, Environmental economics, Industrial management -- Environmental aspects, Social responsibility of business, Sustainable development | ||||||||
Journal or Publication Title: | Journal of Cleaner Production | ||||||||
Publisher: | Elsevier BV | ||||||||
ISSN: | 0959-6526 | ||||||||
Official Date: | 10 January 2023 | ||||||||
Dates: |
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Volume: | 383 | ||||||||
Number of Pages: | 13 | ||||||||
Article Number: | 135234 | ||||||||
DOI: | 10.1016/j.jclepro.2022.135234 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Access rights to Published version: | Open Access (Creative Commons) | ||||||||
Date of first compliant deposit: | 7 February 2023 | ||||||||
Date of first compliant Open Access: | 8 February 2023 | ||||||||
RIOXX Funder/Project Grant: |
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