RESEARCH ARTICLE
Configurations of sustainable development goals that promote
sustainable entrepreneurship over time
Ismael Moya‐Clemente
1
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Gabriela Ribes‐Giner
1
|
Odette Pantoja‐Díaz
2
1
Faculty of Business Administration and
Management, Universitat Politècnica de
València, Valencia, Spain
2
Sistemas de Información, Gestión de la
Tecnología e Innovación (SIGTI‐Research
Group), Escuela Politécnica Nacional, Quito,
Ecuador
Correspondence
Ismael Moya‐Clemente, Faculty of Business
Administration and Management, Universitat
Politècnica de València, Camino de Vera, s/n
46022 Valencia, Spain.
Email: imoya@esp.upv.es
Abstract
This paper examines sustainable entrepreneurship over time by focusing on the iden-
tification of the combinations of environmental factors (clean water and sanitation,
affordable clean energy, urgent action to combat climate change, and life on land)
and economic development factors (decent work and economic growth). Based on
data from 50 countries, it examines the causal configurations behind the manifesta-
tions of these factors using fuzzy‐set qualitative comparison analysis. The variables
and data were derived from the Global Entrepreneurship Monitor and the Sustainable
Development Goals Index. Our key finding is that protecting and sustainably using
terrestrial ecosystems always have a sufficiently positive effect to ensure a high level
of sustainable entrepreneurship. Also, high levels of sustainable use of terrestrial
ecosystems and sustainable growth and decent work, plus good access to affordable
and sustainable energy and clean water are related to promote sustainable
entrepreneurship.
KEYWORDS
economic development factors, environmental factors, fuzzy‐set qualitative comparison analysis,
sustainable development goals, sustainable entrepreneurship over time
1
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INTRODUCTION
In recent years, the connection between entrepreneurship and sustain-
able development has been recognized as an important issue in the
search for possible solutions to achieve sustainability and to resolve
the existing situation (Youssef et al., 2017). Unsustainable business
practices have had a negative impact both socially and environmentally
due to the misuse of natural resources and the nonconservation of the
environment (Gast & Cesinger, 2017; Youssef et al., 2017).
The principal pillar axes of sustainable development are ecology,
society and economy, having principal concerns on people, planet
and profit (Gast & Cesinger, 2017; Hall, Daneke, & Lenox, 2010).
The literature on sustainable entrepreneurship includes the synchroni-
zation between the economic, social, and environmental components
(Muñoz & Cohen, 2017), where the rational use of resources and good
care of the environment are central themes in order to ensure the
well‐being of future generations (Crals & Vereeck, 2005; Hockerts &
Wüstenhagen, 2010; Muñoz & Cohen, 2017). Its focus, whenever pos-
sible, is to restore the equilibrium between society, environment, and
economic exercises (Muñoz & Cohen, 2017; Ras & Vermeulen, 2009).
In this sense, sustainable entrepreneurship remains to be seen
as a possible solution, which tributes to sustainable development
(Lans, Blok, & Wesselink, 2014; Muñoz & Cohen, 2017). On the other
hand, entrepreneurs have detected the existence of noncovered
niches, eager for eco‐friendly products for which a value offer in har-
mony with the environment is highly accepted (Youssef et al., 2017).
Sustainable entrepreneurship applies emerging models that reduce
degradation and deforestation, neutralize climate change, improve
ecosystems, enhance agriculture processes, and support biodiversity,
constituting this type of entrepreneurship a solution to environmental
issue (Patzelt & Shepherd, 2011; Shepherd & Patzelt, 2011; Youssef
et al., 2017). Some of the principal beneficiaries of environmental
entrepreneurship are investors, entrepreneurs, and societies (Shep-
herd & Patzelt, 2011).
Received: 27 June 2019 Revised: 11 September 2019 Accepted: 3 October 2019
DOI: 10.1002/sd.2009
Sustainable Development. 2019;1–13. © 2019 John Wiley & Sons, Ltd and ERP Environment wileyonlinelibrary.com/journal/sd 1