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Type of Entrepreneurial Activity and Sustainable Development Goals

Ana Venâncio () and Inês Pinto ()
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Inês Pinto: ISEG-Lisbon School of Economics and Management, Universidade de Lisboa, and ADVANCE/CSG, 1200-781 Lisbon, Portugal

Sustainability, 2020, vol. 12, issue 22, 1-25

Abstract: In this study, we conduct an exploratory study with the aim to investigate whether the type of entrepreneurial activity contributes to the achievement of sustainable development goals (SDGs) in its five dimensions (people, prosperity, planet, peace, and partnership). In addition, we evaluate whether foreign direct investment (FDI) strengthens or reduces these relations. To do so, we apply a multivariate analysis to a sample of 67 countries and find that entrepreneurship contributes negatively to the achievement of SDGs. This effect is mostly due to necessity and non-innovative entrepreneurships, and is evident in the people, prosperity, and partnership dimensions. Nonetheless, FDI helps to diminish this negative effect, as it improves the relation between entrepreneurships, particularly necessity entrepreneurships, and SDG achievement. The main dimension which experiences an improvement due to FDI is people.

Keywords: sustainable development goals; opportunity entrepreneurship; necessity entrepreneurship; innovative entrepreneurship; non-innovative entrepreneurship (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
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