TY - JOUR
T1 - The influence of green entrepreneurship on sustainable development in Saudi Arabia
T2 - The role of formal institutions
AU - Alwakid, Wafa
AU - Aparicio, Sebastian
AU - Urbano, David
N1 - Funding Information:
Acknowledgments: Wafa Alwakid acknowledges Jouf University for financial support for Ph.D. studies. Sebastian Aparicio acknowledges Durham University Business School for their constant support. Additionally, Sebastian acknowledges COLCIENCIAS Ph.D. programme (617/2013), as well as Sapiencia-Enlaza Mundos (Municipio de Medellín) for the financial support during Ph.D. studies. Finally, David Urbano acknowledges the financial support from project ECO2017-87885-P (Spanish Ministry of Economy & Competitiveness), 2017-SGR-1056 (Economy & Knowledge Department, Catalan Government) and ICREA under the ICREA Academia programme.
Funding Information:
Wafa Alwakid acknowledges Jouf University for financial support for Ph.D. studies. Sebastian Aparicio acknowledges Durham University Business School for their constant support. Additionally, Sebastian acknowledges COLCIENCIAS Ph.D. programme (617/2013), as well as Sapiencia-Enlaza Mundos (Municipio de Medell?n) for the financial support during Ph.D. studies. Finally, David Urbano acknowledges the financial support from project ECO2017-87885-P (Spanish Ministry of Economy & Competitiveness), 2017-SGR-1056 (Economy & Knowledge Department, Catalan Government) and ICREA under the ICREA Academia programme.
Publisher Copyright:
© 2021 by the authors. Licensee MDPI, Basel, Switzerland.
PY - 2021/5/19
Y1 - 2021/5/19
N2 - This study explores the influence of green entrepreneurial activity on sustainable devel-opment, using institutional economics as a theoretical framework. Also, the role of entrepreneurship policy is analysed in the context of Saudi Arabia. Using information from the General Authority for Statistics from 13 Saudi Arabian cities, the main findings show that green entrepreneurship posi-tively contributes to the economic, social, and environmental components of sustainable development during the period 2012–2017. These results demonstrate a measurable indication of sustainable development outcomes, whereby Saudi Arabian institutions align entrepreneurial activities with a positive triple bottom line effect. Accordingly, these findings contribute new evidence to justify government commitment to supporting green entrepreneurship in Saudi Arabia and encour-age future domestic policies.
AB - This study explores the influence of green entrepreneurial activity on sustainable devel-opment, using institutional economics as a theoretical framework. Also, the role of entrepreneurship policy is analysed in the context of Saudi Arabia. Using information from the General Authority for Statistics from 13 Saudi Arabian cities, the main findings show that green entrepreneurship posi-tively contributes to the economic, social, and environmental components of sustainable development during the period 2012–2017. These results demonstrate a measurable indication of sustainable development outcomes, whereby Saudi Arabian institutions align entrepreneurial activities with a positive triple bottom line effect. Accordingly, these findings contribute new evidence to justify government commitment to supporting green entrepreneurship in Saudi Arabia and encour-age future domestic policies.
KW - Entrepreneurship policy
KW - Formal institutions
KW - Green entrepreneurship
KW - Saudi Arabia
KW - Sustainable development
UR - http://www.scopus.com/inward/record.url?scp=85105999673&partnerID=8YFLogxK
U2 - 10.3390/ijerph18105433
DO - 10.3390/ijerph18105433
M3 - Article
C2 - 34069588
AN - SCOPUS:85105999673
VL - 18
IS - 10
M1 - 5433
ER -
