Policy for sustainable entrepreneurship: a crowdsourced framework

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dc.contributor.authorWatson, Rosina
dc.contributor.authorNielsen, Kristian Roed
dc.contributor.authorWilson, Hugh N.
dc.contributor.authorMacdonald, Emma K.
dc.contributor.authorMera, Christine
dc.contributor.authorReisch, Lucia
dc.date.accessioned2022-12-15T10:36:03Z
dc.date.available2022-12-15T10:36:03Z
dc.date.issued2022-12-10
dc.description.abstractSustainable entrepreneurship can contribute to sustainable development by seeking synergies between social, environmental and economic outcomes, turning market failures into commercial opportunities. However, institutional conditions often act to obstruct sustainable entrepreneurs. While policy is instrumental in shaping conditions for entrepreneurship, how policy can best support sustainable ventures specifically is under-researched. This study uses a novel crowdsourcing approach with multiple actors in the sustainable entrepreneurship ecosystem to explore how policy can create conditions conducive to sustainable entrepreneurship. An emergent multi-level policy framework outlines six mechanisms by which this may be achieved: resource prioritisation, competency building, sustainable market creation, networked sharing, collaborative replication, and impact valuation. These mechanisms enable three interconnected policy objectives: enterprise creation, system transformation, and impact reorientation. The study thereby makes four main contributions to literature on sustainable entrepreneurship and policy. First, it reveals the importance of a ‘meso level’ of policy that supports the sustainable entrepreneurship ecosystem, complementing micro-level supply-side and macro-level demand-side policies. Second, it proposes a policy focus not just on enterprises and how they are grown, but on sustainability-oriented innovations and how they are replicated. Third, it identifies the need for ‘impact re-orientation’ policies that track and optimise entrepreneurs' individual and collective triple-bottom-line impacts. Fourth, the study exemplifies a promising crowdsourcing method of co-creating policy.en_UK
dc.identifier.citationWatson R, Nielsen KR, Wilson HN, et al., (2023) Policy for sustainable entrepreneurship: a crowdsourced framework. Journal of Cleaner Production, Volume 383, January 2023, Article number 135234en_UK
dc.identifier.issn0959-6526
dc.identifier.urihttps://doi.org/10.1016/j.jclepro.2022.135234
dc.identifier.urihttps://dspace.lib.cranfield.ac.uk/handle/1826/18827
dc.language.isoenen_UK
dc.publisherElsevieren_UK
dc.rightsAttribution 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/*
dc.subjectSustainable entrepreneurshipen_UK
dc.subjectpolicyen_UK
dc.subjectsustainable transitionsen_UK
dc.subjectinstitutional conditionsen_UK
dc.subjectcrowdsourcingen_UK
dc.subjectpolicy entrepreneurshipen_UK
dc.titlePolicy for sustainable entrepreneurship: a crowdsourced frameworken_UK
dc.typeArticleen_UK

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