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Sustainability/ Innovation/ and Entrepreneurship


Author: Andrea Larson
Subject: Business
Source: Open Textbook Library
Publisher: Saylor Foundation
ISBN: 9781453314128
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Description
This book is suited for the Entrepreneurship or Innovation course with an emphasis on Sustainability or for a course devoted entirely to Sustainability. What are the trends and forces underlying the changing character of the business-environment relationship? How they are creating significant entrepreneurial opportunities for individuals and companies? Around the world/ the movement toward ”sustainable development“ has caused many firms to adopt policies and practices that reflect what is sometimes called a ”sustainable business“ or ”triple bottom line“ approach. ”Triple bottom line“ refers to the demonstration of strong performance across economic/ social/ and environmental indicators. Those measures serve as indicators of fiduciary responsibility to a growing set of concerned investors and therefore can help ensure access to capital. They also enable innovators to lower costs/ create strategic differentiation/ reduce risk/ and position themselves for competitive advantage over rivals less attuned to trends. The deep roots of sustainability thinking are now evident in widespread and increasingly visible activities worldwide/ and Sustainability/ Innovation/ and Entrepreneurship explores this evolution; its necessity/ its implications and its progression.

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