Entrepreneurship Experience and Environmental and Social Sustainability in New Companies

Gilles Grolleau (), Naoufel Mzoughi () and Sanja Pekovic
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Gilles Grolleau: ESSCA School of Management Lyon
Naoufel Mzoughi: ECODEVELOPPEMENT - Ecodéveloppement - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement
Sanja Pekovic: UCG - University of Montenegro

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Abstract: Using survey data on a large sample of European small and medium-sized enterprises (SMEs), we examine the effect of entrepreneurship experience on environmental and social sustainability (ESS) in new companies. Estimations suggest that experienced entrepreneurs are more engaged in environmental and social sustainability compared to those without previous experience. This effect remains robust when considering environmental and social sustainability separately. However, our study reveals that the impact is primarily significant among those with specific types of prior experience, notably entrepreneurs who have previously closed one or more companies. The results highlight the complex relationship between entrepreneurial experience and sustainability orientation. Several managerial and policy implications are discussed.

Keywords: environmental sustainability; new ventures; CSR; SMEs; social sustainability; bankruptcy; business founders; entrepreneurship experience (search for similar items in EconPapers)
Date: 2025
Note: View the original document on HAL open archive server: https://hal.inrae.fr/hal-05162435v1
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Published in Business Strategy and the Environment, inPress

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05162435

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