Importance of Green Investment and Entrepreneurship for Economic Development

Gordana Djukic and Biljana Ilic

Chapter 8 in Contemporary Entrepreneurship Issues in International Business, 2021, pp 195-220 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Nowadays, many banks in Europe, as well as many financial institutions in general, have realised the need to change their business activities, and must pay attention to “how to invest”. A new approach to investing money is green investments. Green investments are part of the green economy that contributes to the sustainable development concept. This study provides a detailed description of the terms of green investments, green finance and green bonds. This is used to compare countries at different levels of sustainable development. Malaysia is a country that is much more on the road to economic sustainability, and it will be compared to Serbia, North Macedonia, and Bosnia and Herzegovina, as countries that are in the process of transition. We aim to present the best practices of green investment in developed countries and provide suggestions for these practices to be adopted and the actions required to implement them in less developed economies.

Keywords: Entrepreneurship; International Entrepreneurship; International Business; Early Internationalizing Firms; Multinational Enterprises; New Ventures; Start-Ups; Social Entrepreneurship; Intrapreneurship; Institutional Environment; Non-Market Strategies (search for similar items in EconPapers)
JEL-codes: F23 L26 L31 M1 M16 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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