Empirical Study on Sustainable Opportunities Recognition. A Polyvinyl Chloride (PVC) Joinery Industry Analysis Using Augmented Sustainable Development Process Model

Eduard-Gabriel Ceptureanu, Sebastian-Ion Ceptureanu, Mihai Cristian Orzan, Ovidiu Niculae Bordean and Violeta Radulescu
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Eduard-Gabriel Ceptureanu: Department of Management, The Bucharest University of Economic Studies, Bucharest 010374, Romania
Sebastian-Ion Ceptureanu: Department of Management, The Bucharest University of Economic Studies, Bucharest 010374, Romania
Mihai Cristian Orzan: Department of Marketing, The Bucharest University of Economic Studies, Bucharest 010374, Romania
Ovidiu Niculae Bordean: Department of Management, Babeş-Bolyai University, Cluj-Napoca 400591, Romania
Violeta Radulescu: Department of Marketing, The Bucharest University of Economic Studies, Bucharest 010374, Romania
Authors registered in the RePEc Author Service: Sebastian Ion Ceptureanu ()

Sustainability, 2017, vol. 9, issue 10, 1-36

Abstract: This paper analyzes factors influencing recognition of sustainable opportunities by using an augmented sustainability process model. The conceptual model used two main factors, Knowledge and Motivation, and one moderating variable, Social embeddedness. We investigated entrepreneurs from PVC joinery industry and concluded that while market orientation and sustainable entrepreneurial orientation definitely and positively influence sustainable opportunity recognition, others variables like knowledge of the natural/communal environment, awareness of sustainable development or focus on success have less support. Among all variables analyzed, perception of the threat of the natural/communal environment and altruism toward others have the poorest impact on opportunity recognition. Finally, we concluded that social embeddedness has a moderating effect on sustainable opportunity recognition, even though the results were mixed.

Keywords: opportunity recognition; sustainable opportunity; sustainable entrepreneurship; augmented sustainable development process model (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:9:y:2017:i:10:p:1779-:d:113860

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