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Factors Affecting Entrepreneurship and Business Sustainability

Ana Tur-Porcar (), Norat Roig-Tierno () and Anna Llorca Mestre ()
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Ana Tur-Porcar: Department of Basic Psychology, Universitat de València, 46021 València, Spain
Norat Roig-Tierno: Business Department, ESIC Business & Marketing School, 46021 Valencia, Spain
Anna Llorca Mestre: Département of Basic Psychology, Universitat de València, 46021 València, Spain

Sustainability, 2018, vol. 10, issue 2, 1-12

Abstract: Sustainability is becoming increasingly important for society, and the creation of business ventures is one area where sustainability is critical. We examined the factors affecting actions that are designed to foster business sustainability. These factors are related to the environment, behavior, human relations, and business activity. Based on questionnaire responses from experts, the Analytic Hierarchy Process (AHP) method was used to rank sustainable business criteria according to their importance for entrepreneurs starting sustainable businesses. The results indicate that the most important drivers of sustainable entrepreneurship are behavioral factors and business factors. Ethical principles and values, together with competitive intelligence, are crucial for undertaking actions that lead to sustainability.

Keywords: entrepreneurship; sustainability; behavior; environment; human relations (search for similar items in EconPapers)
JEL-codes: Q Q0 Q2 Q3 Q5 Q56 O13 (search for similar items in EconPapers)
Date: 2018
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