JOURNAL ARTICLEAyansola Ayandibu
International Journal of Research in Business and Social Science · 2024
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Sustainable innovation and entrepreneurship have emerged as pivotal drivers of positive change in today's dynamic world, where environmental, social, and economic challenges intersect. This paper explores the nexus between sustainable innovation, entrepreneurship, and societal impact, examining the evolution, principles, and case studies that exemplify the transformative potential of sustainable ventures. Through an analysis of leading exemplars across industries, including Tesla, Patagonia, and Unilever, key lessons learned and best practices are identified, highlighting the importance of stakeholder collaboration, transparency, and long-term commitment to sustainability. Moreover, the paper assesses the impact of sustainable innovation on society, emphasizing economic growth, environmental conservation, and social equity as critical outcomes. Looking ahead, emerging trends in sustainable innovation and entrepreneurship present opportunities for future ventures, yet challenges such as regulatory complexity and resource scarcity must be addressed. Recommendations for encouraging a culture of sustainable innovation and entrepreneurship globally include promoting collaboration, incentivizing sustainable practices, and investing in education and research. By embracing sustainability as a guiding principle, businesses can drive positive change, foster innovation, and contribute to a more resilient, equitable, and environmentally sustainable future.
DOI 10.20525/ijrbs.v13i9.37673 Crossref citations3 OpenAlex citations
JOURNAL ARTICLEPelin Vardarlier · Rana Cakir
International Journal of Research in Business and Social Science · 2015
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Innovation is the only way of solution to achieve sustainable growth, social welfare and employment in a country. This study principally focuses on the relationship between growth and innovation in the light of information derived from a general literature review about definition, sources and risks of innovation, and measurement of innovation performance. Then, the contributions of innovative capability on economic growth and employment as well as innovation systems on a country basis have been discussed, and accordingly, actions to be taken, including a shift in paradigm, for a growth-innovation-national innovation system and its sustainability have been addressed. In addition, current innovation performance indicators of Turkey have been discussed in the light of a scope which is outlined in the initial sections of the study, and the change in such performance indicators between 1998 and 2009 has been examined. After analysis of the above mentioned criteria and comparisons against practices in developed countries and communities, suggestions have been made about the activities to be carried out in order to make Turkey’s current innovation system “sustainable”, to support and improve innovation. In the study, a research application has been conducted using the content analysis method on the “President’s Message” letters of 158 state and foundation universities that are located in Turkey and that have a website, and the importance accorded to innovation by the universities has been determined.
DOI 10.20525/ijrbs.v4i4.162 Crossref citations2 OpenAlex citations