Implications of Innovative Strategies for Sustainable Entrepreneurship—Solutions to Combat Climate Change

Oana Pricopoaia (), Adrian Lupașc and Iuliana Oana Mihai
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Oana Pricopoaia: Faculty of Economics and Business Administration, Dunărea de Jos University of Galati, 800008 Galati, Romania
Adrian Lupașc: Faculty of Economics and Business Administration, Dunărea de Jos University of Galati, 800008 Galati, Romania
Iuliana Oana Mihai: Faculty of Economics and Business Administration, Dunărea de Jos University of Galati, 800008 Galati, Romania

Sustainability, 2024, vol. 16, issue 22, 1-25

Abstract: We face significant challenges related to sustainability and social responsibility, so sustainable entrepreneurship is a key way to help address these issues. How can sustainable entrepreneurship contribute to combating climate change? This is the question from which this research started. The paper proposes important research directions to develop innovative and sustainable solutions tailored to the problem. By investigating the impact of different innovation strategies, the study aims to provide concrete recommendations to all stakeholders. Recognizing that effective climate action requires collaboration among government, businesses, non-governmental organizations, and citizens, the study emphasizes the importance of raising awareness, education, and access to information. Using fsQCA software version 4.1, the research analyzes various innovation strategies to develop tailored, sustainable solutions. The findings offer concrete recommendations for stakeholders, aiming to facilitate the implementation of sustainable practices and foster a supportive framework for green initiatives. Ultimately, this study contributes to efforts aimed at reducing the carbon footprint and promoting a more responsible economic model in Romania. The results not only provide concrete recommendations for relevant actors but also outline a strategic vision on how a more responsible economic model can be promoted in Romania, with the potential to influence sustainable development policies and inspire future initiatives.

Keywords: sustainable entrepreneurship; climate change; innovative strategies (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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