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Towards a Process Philosophy of Green Entrepreneurship in a Changing World: A Conceptual Framework

Gbenga Samuel IBIDUN

Abstract

Through the development of new products, methods, and commodities, entrepreneurship propels human progress forward and makes the old obsolete, resulting in the demise of entire industries and the emergence of new ones. Encouraging entrepreneurship is seen as a crucial way to support economic growth and development worldwide. As a result, entrepreneurship has gained international attention. Without context, entrepreneurship does not develop in a vacuum. Instead, the social environment—or what is sometimes referred to as the institutional context—in which entrepreneurship occurs shapes the conduct. The philosophy of the science of entrepreneurial studies is not directly addressed in this paper. Its main focus is on the philosophy of green entrepreneurship, which indirectly contributes to the philosophical issues that should be taken into account when studying green entrepreneurship. In this way, it is a sibling of management, leadership, organisational, and similar theories. It is commonly accepted that entrepreneurship is the primary driver of economic expansion, and both innovation and entrepreneurship flourish in environments of disruption. Most people agree that we will soon face a number of significant discontinuities, such as global warming and the corresponding cultural shift. This paper delves deeper into this subject. The rise in "green-green" businesses—those based on the sustainability principle—is the factor that is most pertinent to this research. In order to spark interest and motivate students and others who might be considering becoming "ecopreneurs," this paper will also concentrate on outlining the prospects of "green-green" start-ups and enterprises.

Keywords

EntrepreneurshipGreen EntrepreneurshipPhilosophyEcopreneursSustainable

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