The Triple Bottom Line of Sustainable Entrepreneurship and Economic Policy Uncertainty: An Empirical Evidence from 22 Countries

Wentao Gu, Hairui Pan, Zimin Hu and Zhongdi Liu
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Wentao Gu: Department of Statistics, Zhejiang Gongshang University, Hangzhou 311121, China
Hairui Pan: Department of Statistics, Zhejiang Gongshang University, Hangzhou 311121, China
Zimin Hu: Department of Statistics, Zhejiang Gongshang University, Hangzhou 311121, China
Zhongdi Liu: Department of Statistics, Zhejiang Gongshang University, Hangzhou 311121, China

IJERPH, 2022, vol. 19, issue 13, 1-18

Abstract: Based on the data of 22 different countries from 2005 to 2018, this paper mainly studies the influence of entrepreneurship on sustainability, and further explores the influence of Economic Policy Uncertainty (EPU) and the interaction effect between EPU and entrepreneurship on sustainability. The results show that EPU can promote economic, environmental, and social development, the interaction between EPU and green entrepreneurship is beneficial to social development, and the interaction between EPU and non-green entrepreneurship inhibits social development. For the heterogeneity analysis, 22 countries are grouped by high and low Human Development Index (HDI). The empirical results find that EPU has a better performance in low HDI countries than that in high HDI countries. In high HDI countries, the interaction between EPU and green entrepreneurship will weaken the positive effects of green entrepreneurship on the environment.

Keywords: entrepreneurship; sustainability; sustainable entrepreneurship; Economic Policy Uncertainty; Human Development Index (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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