Social Entrepreneurship and Climate Innovation: The Mediating Effect of Norms and Self-Efficacy

Denis S. Ushakov, Elima A. Israilova, Daria G. Ivanova and Khodor Shatila

Chapter 2 in Climate-Smart Innovation:Social Entrepreneurship and Sustainable Development in the Environmental Economy, 2023, pp 19-33 from World Scientific Publishing Co. Pte. Ltd.

Abstract: There has been a growing interest in identifying the elements that influence economic success in the wake of impact of a recession. One of the most important goals for policymakers is to ensure that the economy grows steadily, increasing employment and ensuring social welfare. Our research significantly contributes to the field by testing the link between social entrepreneurship and sustainable development from an economic growth viewpoint. The research considers several kinds of entrepreneurship (social and traditional). It also provides a model that examines the contribution of social entrepreneurship to sustainable development using two primary dimensions: embryonic and operational social entrepreneurial activity and operational social entrepreneurial activity that contributes to the achievement of social goals. To achieve the goal of sustainable development, this research incorporates latent factors such as social entrepreneurship, innovation, and institutional features. The findings of this research show that it is critical to build methods that encourage long-term sustainability. In this context, identifying the most critical indicators that directly impact long-term growth will be beneficial. Since sustainable development has become one of the most important goals to satisfy current demands without compromising the value of other goals, the decision-makers should concentrate on inspiring sustainable development.

Keywords: Climate-smart Innovation; Social Entrepreneurship; Sustainable Development; Environmental Economy; Green Economy; Environmental Marketing; Green Entrepreneurship Practices; COVID-19; Regional Economy; Natural Territory (search for similar items in EconPapers)
JEL-codes: L26 L31 Q01 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
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