ROLE OF GREEN ENTREPRENEURSHIP IN RAISING THE EFFECT OF GREEN VALUE TOWARD SUSTAINABLE DEVELOPMENT
##plugins.themes.bootstrap3.article.sidebar##
Full Text (PDF)
##plugins.themes.bootstrap3.article.main##
Abstract
In line with circular economic, the role of green entrepreneurship (GE) should be useful in preserving environmental sustainability. However, so many people are less aware of the importance of sustainability and green behavior in business activities. Therefore, the goal of the study is to explore a linkage of green value, GE, and sustainable development that is perceived by entrepreneurship students in Jakarta, Indonesia. 180 students were involved as respondents resulting in significant impacts. By using Smart-PLS proves significant relationships and finds a mediating effect of GE which links green value to sustainable development at the level of 5 percent. It forms a green triangle approach in promoting sustainability education for university students so that this linkage signs a good perception of students in expressing green value toward GE and sustainability issues. It is an early stage in promoting the triple bottom line so that the learning system could collaborate with stakeholders for enhancing the sustainability system in entrepreneurial education.
Download Statistics
##plugins.themes.bootstrap3.article.details##
Green value, green entrepreneurship, sustainable development.
Ajzen, I. (1991) ‘The Theory of Planned Behavior’, Organizational Behavior and Human Decision Processes, 50, pp. 179–211.
Amartha, M. Y., Hamzah, U. S. and Herdiansyah, H. (2019) ‘Application of Environmental Awareness and Environmental Management System towards Behavior at Palm Cooking Oil Company, Bekasi City’, Journal of Physics: Conference Series, 1424, p. 12051. doi: 10.1088/1742-6596/1424/1/012051.
Atav, E., Altunoğlu, B. D. and Sönmez, S. (2015) ‘The Determination of the Environmental Attitudes of Secondary Education Students’, Procedia - Social and Behavioral Sciences, 174, pp. 1391–1396. doi: 10.1016/j.sbspro.2015.01.765.
Chaudhary, R. and Bisai, S. (2018) ‘Factors Influencing Green Purchase Behavior of Millennials in India’, Management of Environmental Quality: An International Journal, 29(5), pp. 798–812. doi: 10.1108/MEQ-02-2018-0023.
Dean, T. J. and McMullen, J. S. (2007) ‘Toward a Theory of Sustainable Entrepreneurship: Reducing Environmental Degradation Through Entrepreneurial Action’, Journal of Business Venturing, 22, pp. 50–76. doi: 10.1016/j.jbusvent.2005.09.003.
Dong, Y. and Hauschild, M. Z. (2017) ‘Indicators for Environmental Sustainability’, Procedia CIRP. Elsevier B.V., 61, pp. 697–702. doi: 10.1016/j.procir.2016.11.173.
Farinelli, F. et al. (2011) ‘Green Entrepreneurship: The Missing Link towards a Greener Economy’, ATDF Journal, 8(3/4), pp. 42–48.
Henseler, J., Ringle, C. M. and Sarstedt, M. (2012) ‘Using Partial Least Squares Path Modeling in International Advertising Research: Basic Concepts and Recent Issues’, in Okzaki, S. (ed.) Handbook of Partial Least Squares: Concepts, Methods, and Applications in Marketing and Related Fields. Berlin: Springer, pp. 252–274.
Kainrath, D. (2009) Ecopreneurship in Theory and Practice - A Proposed Emerging Framework for Ecopreneurship, Umeå School of Business.
Kirkwood, J. and Walton, S. (2010) ‘What Motivates Ecopreneurs to Start Businesses?’, International Journal of Entrepreneurial Behavior & Research, 16(3), pp. 204–228. doi: 10.1108/13552551011042799.
Kotchen, M. J. (2009) ‘Some Microeconomics of Eco-Entrepreneurship’, in Libecap, G. D. (ed.) Frontiers in Eco-Entrepreneurship Research. 20th edn. Emerald Books, pp. 25–37.
Lahti, T., Wincent, J. and Parida, V. (2018) ‘A Definition and Theoretical Review of the Circular Economy, Value Creation, and Sustainable Business Models: Where Are We Now and Where Should Research Move in the Future?’, Sustainability, 10(2799), pp. 1–19. doi: 10.3390/su10082799.
Lotfi, M., Yousefi, A. and Jafari, S. (2018) ‘The Effect of Emerging Green Market on Green Entrepreneurship and Sustainable Development in Knowledge-Based Companies’, Sustainability, 10(2308), pp. 1–18. doi: 10.3390/su10072308.
Mathur, S. and Tandon, N. (2016) ‘Green Entrepreneurship: The Emerging Paradigm for Sustainable Growth and Development in India- A Study of the Millennials’, Indian Journal of Science and Technology, 9(45), pp. 1–11. doi: 10.17485/ijst/2015/v8i1/106753.
McEwen, T. (2013) ‘Ecopreneurship as a Solution to Environmental Problems: Implications for College Level Entrepreneurship Education’, International Journal of Academic Research in Business and Social Sciences, 3(5), pp. 264–288.
Mei, N. S., Wai, C. W. and Ahamad, R. (2016) ‘Environmental Awareness and Behaviour Index for Malaysia’, Procedia - Social and Behavioral Sciences. The Author(s), 222, pp. 668–675. doi: 10.1016/j.sbspro.2016.05.223.
Nadiia, R., Anatoliy, O. and Kateryna, K. (2019) ‘Sustainable Development of Agriculture : Modeling of Strategic Management in Transition Countries’, International Journal of Economics, Business and Entrepreneurship, 2(1), pp. 75–88.
Nishimura, J. S. and Tristán, O. M. (2011) ‘Using the Theory of Planned Behavior to Predict Nascent Entrepreneurship’, Academia Revista Latinoamericana de Administracion, (46), pp. 55–71.
Nuringsih, K. et al. (2019) ‘Sustainable Entrepreneurial Intention: The Perceived of Triple Bottom Line among Female Students’, Jurnal Manajemen, 23(2), pp. 168–190. doi: 10.24912/jm.v23i2.472.
Nuringsih, K. and Puspitowati, I. (2017) ‘Determinants of Eco Entrepreneurial Intention Among Students: Study in the Entrepreneurial Education Practices’, Advanced Science Letters, 23(8), pp. 7281–7284. doi: 10.1166/asl.2017.9351.
Othman, N. H. and Othman, N. (2019) ‘A Systematic Review on Entrepreneurship Education in Higher Learning Institutions in Southeast Asia’, Universal Journal of Educational Research, 7(11), pp. 2406–2416. doi: 10.13189/ujer.2019.071118.
Pla-Julián, I. and Guevara, S. (2019) ‘Is Circular Economy the Key to Transitioning Towards Sustainable Development? Challenges from the Perspective of Care Ethics’, Futures. Elsevier Ltd, 105, pp. 67–77. doi: 10.1016/j.futures.2018.09.001.
Racelis, A. D. (2014) ‘Sustainable Entrepreneurship in Asia: A Proposed Theoretical Framework Based on Literature Review’, Journal of Management for Global Sustainability, 2(1), pp. 49–72.
Rahardjo, F. A. (2015) ‘The Roles of Green Perceived Value, Green Perceived Risk, and Green Trust towards Green Purchase Intention of Inverter Air Conditioner in Surabaya’, iBuss Management, 3(2), pp. 252–260.
Robbins, S. P. and Judge, T. A. (2006) Organizational Behavior. 12th edn. New Jersey: Prentice-Hall.
Romanowski, R. and Gnusowski, M. (2019) ‘Green Entrepreneurship in The Quintaple Helix Model’, in Romanowski, R. (ed.) Managing Economic Innovations – Ideas and Institutions. Bogucki Wydawnictwo Naukowe, pp. 103–118. doi: 10.12657/9788379862764-7.
Rosca, A. et al. (2020) Green Entrepreneurship, Romanian-American Foundation The Environmental Partnership Foundation The Center of Entrepreneurial Education and Development in Romania. Singapore: Springer Singapore. doi: 10.1007/978-981-15-2493-6_11.
Ruiz-Real, J. L. et al. (2018) ‘Worldwide Research on Circular Economy and Environment: A Bibliometric Analysis’, International Journal of Environmental Research and Public Health, 15(2699), pp. 1–14. doi: 10.3390/ijerph15122699.
Sargani, G. R. et al. (2020) ‘Sustainable Entrepreneurship in the Agriculture Sector: The Nexus of the Triple Bottom Line Measurement Approach’, Sustainability, 12(3275), pp. 1–24. doi: 10.3390/su12083275.
Schaltegger, S. and Wagner, M. (2011) ‘Sustainable Entrepreneurship and Sustainability Innovation: Categories and Interactions’, Business Strategy and the Environment, 20, pp. 222–237. doi: 10.1002/bse.682.
Sudyasjayanti, C. (2018) ‘The Green Behavior Differences of Green Entrepreneur Intentions among Male and Female Students’, International Journal of Academic Research in Business and Social Sciences, 7(12), pp. 1326–1335. doi: 10.6007/IJARBSS/v7-i12/3786.
Suparta, W. and Yatim, A. N. M. (2019) ‘Characterization of Heat Waves: A Case Study for Peninsular Malaysia’, Geographia Technica, 14(1), pp. 146–155. doi: 10.21163/GT_2019.141.11.
Tung, D. T. et al. (2020) ‘Enterprise Development from Students: The Case of Universities in Vietnam and the Philippines’, The International Journal of Management Education. Elsevier, 18(1), p. 100333. doi: 10.1016/j.ijme.2019.100333.
UNEP (2011) Towards a Green Economy Pathways to Sustainable Development and Poverty Eradiction: A Synthesis for Policy Makers, United Nations Environment Programme (UNEP). Edited by A. Steiner. Available at: www.unep.org/greeneconomy.
Uslu, Y. D., Hancıoğlu, Y. and Demir, E. (2015) ‘Applicability to Green Entrepreneurship in Turkey: A Situation Analysis’, Procedia - Social and Behavioral Sciences, 195, pp. 1238–1245. doi: 10.1016/j.sbspro.2015.06.266.
Vermeir, I. and Verbeke, W. (2008) ‘Sustainable Food Consumption among Young Adults in Belgium: Theory of Planned Behaviour and The Role of Confidence and Values’, Ecological Economics, 64, pp. 542–553. doi: 10.1016/j.ecolecon.2007.03.007.
WCED, U. (1987) Development and International Economic Co-operation: Environment.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
The objectives of IJEBE are to establish an effective communication between policy makers, government agencies, academic and research institutions and professional’s person concerned with business, entrepreneurship and Small Medium Enterprise (SME) in a community.
Written application must be made to the Managing Editor for permission to reproduce any of the contents of the journal for use in other than course of instruction—e.g., inclusion in books of readings or in any other publications intended for general distribution. In consideration for the grant of permission by the journal in such instances, the applicant must notify the author(s) in writing of the intended use to be made of each reproduction. Normally, the journal will not access a charge for the waiver of copyright.
IJEBE publishes original papers, literature reviews, empirical studies, theoretical frameworks, case studies, and book reviews.
IJEBE is licensed under a Creative Commons Atribusi-noncommercial 4.0 Internasional License