Economic Prosperity and the Implementation of Sustainable Development Models Among SMEs in European Countries: Correlational Analysis and Incentive System

Michael Gerlich, Marko Milojevic and Liudmila Tsvetkova

Corporate Social Responsibility and Environmental Management, 2025, vol. 32, issue 6, 8499-8510

Abstract: Sustainable entrepreneurship remains a pivotal driver in the transition toward inclusive and environmentally responsible economic development across Europe. This study investigates the influence of economic prosperity and policy frameworks on sustainable entrepreneurial activities among 30 European countries from 2018 to 2023. Employing a mixed‐methods approach, quantitative analyses including descriptive statistics, correlational, and regression models were complemented by qualitative policy evaluations. Results reveal a significant positive relationship between GDP per capita and sustainable entrepreneurship (r = 0.64, p

Date: 2025
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https://doi.org/10.1002/csr.70135

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Persistent link: https://EconPapers.repec.org/RePEc:wly:corsem:v:32:y:2025:i:6:p:8499-8510

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