Entrepreneurs are an organisations who have an ability to take risk and their minds are full of creation with innovative for starting a business (Reddy and Feston 2012, 124). There is a newly entrepreneurs who has obtained the pioneer spirits which merge with awareness for environmentalism and growing their business towards a community of ecological (Reddy and Feston 2012, 124). They are considered as eco-entrepreneurs. Eco-entrepreneurship is a newly entrepreneurial way in the globe (Reddy and Feston 2012, 125). It can also be defined as green entrepreneurship, environmental entrepreneurship, ecologic entrepreneurship or others (Reddy and Feston 2012, 125). Eco-entrepreneurship can be recognized into four major types of entrepreneurs which …show more content…
This type of eco entrepreneurship is defined as weak structural effects and value driven in sustainable positioning and encouragement (Gibbs 2009). Ethical maverick type of ecoentrepreneurs usually affected by their peers, previous experiences and networks instead of perform as visionary champion to reform the globe (Walley and Taylor 2002). Ethical mavericks preferred different styles of business situation than dominant trend of business strategy. For example, founder in Hawthorne Vegetarian Restaurant, Mark Hawthorne has used these features of eco entrepreneurship to operate his business (Walley and Taylor 2002). The business operated in partnership and core business focused on green and moral value. Soon, it operated in co-operative business(Walley and Taylor 2002).
In conclusion, these four types of eco-entrepreneurship has been developed in same purpose which is safe towards the environment. Eco-entrepreneurship which operated has been decreased pollutions and creates green society (Robinson and Stubberud 2013, 55). And these four types of eco-entrepreneurship have been classified by influences and encouragement by eco entrepreneurs. The characters of these types of eco-entrepreneurs are merited to have further more research towards interative relationship between community and business, and also environment (Robinson and Stubberud 2013,
The agent-of-society view holds that corporate managers are prima facie obligated to consider the interests of everyone who is likely to be affected by what managers decide to do. With this view in mind, Michael Hoffman states, “Corporate managers should be held morally responsible for going beyond considerations of profits, law, and market morality to try to do what they can to help solve our most pressing environmental problems.” In his article, Hoffman argues that business must creatively find ways to become part of the solution, instead of the problem. Business should try to become more environmentally friendly and think of ways to help mitigate the many environmental problems we have. Consumers argue they have no control over or say in whether business provides environmentally friendly products or not. They argue that it’s not up to them “how the products are made, how the services are provided, or how the legislation is enacted.” Although, some businesses have tried to come up with environmentally friendly products but they find that consumers are unwilling to pay extra for them. He thinks corporations can and must develop a conscience, including an environmental conscience. Like the owner of the paper company, business should think of ways to stop the pollution and harm to the environment and take action quickly so that they can set an example for other businesses to follow.
Recently, many organisations and countries are trying to prevent the pollution and its bad impacts to human. In order to make that project be more realistic and effective, the European Union has offered a prize called ‘European Green Capital Award’. The main purpose of this award is to find a true green economy model and encourage other cities to improve the quality better. Bristol has received this recognition for 2015 due to its project to protect the environment and investment suitably. The project is based on both people’ consideration and the successful implication of Triple bottom line. However, the small and medium enterprises in Bristol also play an important role in contributing to the prize of this city. Therefore, Bearpit Social - a small coffee shop, which has been applied the business concept to have a suitable development plan as well as help Bristol develop more comprehensively. This report was written to help organisations understand more clearly about the Triple bottom line and how to implicate to improve the business operation in the most effective way.
Government policies related to industry and economy are guided by environment considerations in numerous ways. We have seen billions of dollars of investments stuck because of environmental issues. Sustainable environmental management can help the society, industry and environment to co-exist. I intend to continue my study of the subject of sustainable environmental management and contribute towards academic activities by way of research and teaching
There has been a large amount of attention paid to the subject of entrepreneurship in the last few years; mainly because most people have chosen to go from working for somebody else, to be their own bosses and work for their dreams. Nevertheless, many still wonder what is entrepreneurship and what is that sets entrepreneurs apart from other regular business owners. At first, it seems both concepts do not differ much from each other since they both start up and run businesses and assume risks to pursue opportunities; however, there are certain traits that difference them.
In conclusion, I have to say that there is a solid invisible relationship between impacts of businesses on environments, profitability of sustainable business, and responsibility of business. When one of these ones changes, it will effect to others. When a business adapts efficient and sustainable system, it will reduce negative externalities and increase positive externalities to environment. Once the business adapted efficient business model, it will reduce cost and maximize its profits. Obviously, the sustainable and efficient business model will make the business social more responsible to environments.
Corporate Entrepreneurship can be seen as the process whereby an individual or a group creates a new venture within an existing organization, revitalizes and renews an organization ,or innovates. Zahra’s(1986) definition of corporate entrepreneurship suggests a formal or informal activity aimed at creating new businesses in established firms through product and process innovations and market developments,whereas sathe(1985) defines corporate entrepreneurship as a process of organizational renewal. Corporate Entrepreneurship has emerged as a much needed ingredient contributing towards the growth of any organization under a changing business environment.
Entrepreneurship incorporates unconstrained imagination and a readiness to settle on choices without strong information. The entrepreneur may be driven by a need to make something new or assemble something unmistakable. As new ventures have low achievement rates, the business person should have impressive tirelessness. Because of this, the entrepreneur may have the best risk of achievement by concentrating on a business sector corner either too little or too new to have been commanded by built up organizations.
Ecopsychology is a field of study involving the study of how the environmental factors (both physical and biological) interact with the physiology of the surrounding living organisms. This includes the effects of weather, climate, and nutrients on the biological processes in both animals and plants. This interrelationship is necessary for the formation of a complete ecosystem. Plants are modified by external (environmental factors). Ecopsychology is concerned on how plants respond to environmental changes such as drought or cold.
Entrepreneurship - a special kind of activity. Its constant conditions are limited resources, competition and uncertainty of the situation. The main tools of the entrepreneur are: thrift, cooperation and innovation. Consequently, enterprise is the independent economic entity, with rights of a legal entity, which is based on the use of labor collective property produces and sells products, works, and provides services.
Nowadays, entrepreneurship becomes most popular career, where our government encourages our graduated student to involve in business so that unemployment will not happen in our country. Policymakers, academics, and researcher agree that entrepreneurship is a vital route to economic advancement for both developed and developing economics (Zelealem et al., 2004). Entrepreneurship has many types for example small business and others. Today small business, particularly the new ones, is the main vehicle for entrepreneurship, contributing not just to employment, social and political stability, but also to innovation and competitive power (Thurik & Wennekers, 2004).
It can be concluded that entrepreneurship cannot exist in the absence of innovation. Innovative entrepreneurship is the key to a successful business leading to economic development. Entrepreneurs are very prominent figures of society and therefore their actions and decisions have a significant impact on the welfare of stakeholder groups. Sustainability plays a vital role in this relationship in that it provides a solid foundation upon which a business can expand with more temerity and assuredness.
According to Deakins and Freel (1998), the literature on entrepreneurship process has attempted to dichotomies into two approaches, which is from the nature of entrepreneurs and their role in econo...
Entrepreneurship is an important aspect of social, economic and community life. It can be viewed as a critical factor to economic growth as well as a way of addressing unemployment (Nolan, 2003).Entrepreneurs are people who are persistently focused on identifying opportunities, they seek to create something worthwhile while taking into account foreseeable risk and rewards associated with the efforts (Nolan, 2003). Furthermore, entrepreneurs are frequently understood to be individuals who discover market needs and establish new business to meet those identified opportunities. The following assignment will firstly discuss the types of entrepreneurship, secondly it will discuss the reasons people become entrepreneurs, and thirdly it will discuss the importance of entrepreneurship.
It is true that most entrepreneurs typically have a flair for the creative and a lot of energy. They are born with it. But having these characteris...
An entrepreneur is someone with the capacity to lead a business to success and is willing to take the risks in order to accomplish their goals. (Dollonger, 2002). Starting a new business is an example of entrepreneurship. Entrepreneurs are very important in order for any business to succeed, however, only some entrepreneurs will succeed in life. Here are some of the characteristics of successful entrepreneurs.