scholarly journals Prospects for the development of sustainable entrepreneurship in Latvia

2021 ◽  
Author(s):  
Kristine Blumfelde-Rutka ◽  
Keyword(s):  
Environmental Sustainability ◽  
Financial Management ◽  
Positive Impact ◽  
Business Management ◽  
Regulatory System ◽  
Growth Potential ◽  
The European Union ◽  
Economic Management ◽  
Sustainable Business ◽  
Sustainable Entrepreneurship

A prominent business topic of nowadays in the context of sustainability is balanced economic management – one that contributes to economic development, environmental protection and public wellbeing. Given the positive growth potential of the European market for sustainable entrepreneurship and the improvement of Latvia's environmental sustainability in the entrepreneurship sector, it is important to find out the prospects of further development of sustainable entrepreneurship in Latvia. The aim of the research is to define sustainability in the context of business, to identify the factors that motivate and determine the sustainability of the company and to evaluate sustainable business perspectives in Latvia. Hence, the process of business management has to provide for interaction among the company, the management and utilisation of its resources, its financial management, and the stakeholders of the buying and selling process – businesses, consumers and public authorities. In light of the above, business management can not only contribute to a sustainable product consumption but also make a positive impact upon public action and thinking. The author's research fields conclusions regarding the key factors for running a sustainable business in Latvia. Based on expert interviews, it was analysed what promotes / hampers the development of sustainable entrepreneurship in Latvia, looking into the prospects of sustainable entrepreneurship in Latvia. During the research it was found, that the development of sustainable entrepreneurship in Latvia is promoted by the regulatory pressure created by the European Union, as well as the growing public interest in sustainability issues created by the available information space. The development of sustainable entrepreneurship in Latvia is hindered by the lack of interaction between public education and the regulatory system in terms of sustainability, reducing the effectiveness of motivating sustainable choices.

Sustainable Entrepreneurship and Management Skills at a Crossroad in the Circular Economy

2020 ◽  
pp. 501-519
Author(s):  
Booysen Sabeho Tubulingane
Keyword(s):  
Circular Economy ◽  
Time Management ◽  
Financial Management ◽  
Business Models ◽  
Business Management ◽  
Management Skills ◽  
Sustainable Business ◽  
Sustainable Entrepreneurship ◽  
Problems And Solutions ◽  
Starting A Business

Entrepreneurship is the process of starting a business, a start-up company, or an organization. Before a person is capable of starting a business, there are entrepreneurship and business management skills that need to be acquired. Business management skills involve planning, decision making, leadership, marketing, selling, financial management, project management, delegation, time management, problem-solving, and networking. Entrepreneurship skills enable an entrepreneur to be self-efficacy, innovative, taking control of business activities, articulating a need for achievement, and able to take risks. Thus, this chapter provides a desktop literature analysis of the relationship between entrepreneurship and management skills within a circular economy. The chapter further examines problems and solutions to sustainable entrepreneurship. There is a need for a study to investigate how innovative sustainable business models can be both fully profitable and sustainably oriented.

scholarly journals Policy Hotspots for Sustainability: Changes in the EU Regulation of Sustainable Business and Finance

2019 ◽  
Vol 11 (2) ◽  
pp. 499 ◽  
Author(s):  
Hanna Ahlström
Keyword(s):  
Sustainable Development ◽  
Financial Market ◽  
Regulatory System ◽  
The European Union ◽  
Structured Interviews ◽  
Sustainable Business ◽  
Institutional Processes ◽  
Playing Field ◽  
Governance Analysis ◽  
The Eu

To ensure sustainable development, there is not only a need to re-think how the economic playing field is structured, but also the regulatory system that governs it. Business and finance law reforms will represent a crucial element of such a transition. However, little progress has been made to date. The European Union (EU) business and financial market law have been analysed systematically in relation to sustainability to a limited extent. This study aims to contribute to this gap through a reflexive governance analysis of corporate financialisation in the EU business and financial market law. I identify ‘policy hotspots’ with the potential to advance the EU’s commitment to sustainable development. I use a mixed-methods approach consisting of social network analysis and semi-structured interviews. This approach allows me to perform a structural analysis of the formal institutional processes, complemented by a qualitative analysis that unpacks the potential of the identified policy hotspots. I argue that the EU’s action has a path dependency created by two major policy approaches that have informed the EU business and financial market law. These approaches build on the shareholder maximisation norm and an action agenda on non-binding measures. This has contributed to internalising the corporate financialisation processes in EU policy-making and seems to limit the EU’s ability to create sustainable legislation. While these approaches may represent barriers, the findings show that the identified policy hotspots represent two tentative pathways of action for achieving sustainable business and finance in the EU: the Sustainable Finance initiative and the Single Market.

scholarly journals Pesantren Technopreneur: Pemberdayaan Ekonomi Komunitas Pesantren melalui Ekonomi Produktif Berbasis E-Commerce di Desa Tenajar Kecamatan Kertasemaya Kabupaten Indramayu

2021 ◽  
Vol 3 (2) ◽  
pp. 174
Author(s):  
Yayat Rahmat Hidayat ◽  
Tety Suciaty
Keyword(s):  
Financial Management ◽  
Positive Impact ◽  
Social Institutions ◽  
Boarding School ◽  
Online Marketing ◽  
Sustainable Business ◽  
Farmer Cooperatives ◽  
The Social ◽  
Fruit Processing ◽  
One Year

Penyesuian bentuk produk pangan harus dilakukan oleh sektor UMKM dalam rangka untuk merespon keingin konsumen atas berbagai produk yang ada di pasar. Salah satunya adalah konsumen pisang yang menginginkan berbagai olahan baik, olahan buah pisang sendiri maupun olahan bonggol dan pelepahnya. Hampir di banyak daerah pohon pisang dapat tumbuh subur dengan baik tidak terkecuali di Desa Tenajar Kecamatan Kertasemaya Kabupaten Indramayu. Salah satu pesantren yang memiliki usaha budidaya pisang adalah Pondok Pesantren Syubbanul Yaum. Usahatani pisang yang dijalankan oleh komunitas pesantren berjalan hampir lima tahun dengan jumlah anggota sebanyak 20 orang yang terdiri dari pengurus dan orang tua wali santri melalui lembaga ekonomi pesantren. Melalui kegiatan pengabdian ini diharapkan bisa memberi solusi untuk memberdayakan ekonomi komunitas komunitas dampingan. Kegiatan PKM ini laksanakan selama satu tahun mulai dengan urutan kegiatan yaitu; Sosialisasi kegiatan, Pelatihana pengolahan buah, bonggol pupuk organik, Pelatihan manajemen keuangan dan pemasaran berbasis e-commerce, Pendampingan untuk memfasilitasi terbentunya kelembagaan usaha yang professional dan berkelanjutan, Pendampingan kelembagaan untuk menjamin keberlanjutan kegiatan PKM dan evaluasi sebagai upaya untuk perbaikan atas metode dan program yang dilaksanakan. Hasil kegiatan PKM memberi dampak positif bagi komunitas dampingan yaitu meningkatnya kemampuan masyarakat didalam memanfaatkan bonggol pisang sebagai bahan untuk membuat pupuk organik. Selain itu komunitas juga memiliki keahlian didalam membuat konten pemasaran online, yaitu tersedianya group komunitas didalam memasarkan hasil olahan pisang, yaitu kripik pisang dengan konsep paking yang layak pasar. Melalui kompetensi ini secara memberi manfata bagi meningkatnya kemauan masyarakat untuk berwirausaha olahan buah pisang dan berdampak secara ekonomi yaitu meningkatnya kuantitas penjualan.�The SMEs sector must make adjustments to the form of food products in order to respond to consumer desires for various products on the market. One of them is banana consumers who want a variety of good preparations, processed bananas themselves as well as processed bananas and stems. Almost in many areas banana trees can thrive well, including in the Village of Tenajar, Kertasemaya District, Indramayu Regency. Some of the social institutions that work on banana cultivation are farmer groups, farmer cooperatives, and other social institutions such as Islamic boarding schools. One of the pesantren that has a banana cultivation business is the Syubbanul Yaum Islamic Boarding School. The banana farming which is run by the pesantren community has been running for almost five years with a total of 20 members consisting of the board and parents of the santri guardians through the pesantren economic institution. This PKM activity is carried out for one year starting with the sequence of activities, namely; Socialization of activities, Training on fruit processing, weevils of organik fertilizers, Training on e-commerce-based financial management and marketing, Assistance to facilitate the establishment of professional and sustainable business institutions, Institutional assistance for guarantee the sustainability of PKM activities and evaluation as an effort to improve the methods and programs implemented. The results of the PKM activities have had a positive impact on the assisted communities, namely the increase in the community's ability to use banana weevils as material for making organik fertilizers. In addition, the community also has expertise in creating online marketing content, namely the availability of community groups in marketing processed banana products, namely banana chips with a market-worthy gasket concept. Through this competency, it provides benefits for increasing the willingness of the community to entrepreneurship in banana processing and has an economic impact, namely increasing the quantity of sales.

Indonesian Language Learning and Teacher Innovation for Foreigners and Instructors for Foreign Language for Employees in Bali

2018 ◽  
Vol 9 (10) ◽  
pp. 21087-21095
Author(s):  
Ni Putu Nita Anggraini ◽  
Ni Luh Gede Yogi Arthani ◽  
I Putu Yuria Mendra
Keyword(s):  
Foreign Language ◽  
Language Learning ◽  
Financial Management ◽  
Teaching Method ◽  
Positive Impact ◽  
Development Program ◽  
Language Teachers ◽  
Improvement Program ◽  
Counseling Training ◽  
Language Instructors

The group of foreign language instructors and Indonesian language instructors for foreigners initially had problems in the fields of HR, legality, marketing and management. The implementation of the community partnership program (PKM) funded by the Ministry of Research and Technology's Research and Development Program aims to solve partner problems through entrepreneurship building. The method applied is in the form of knowledge transfer in the form of counseling, training, simulation and diffusion of science and technology about teaching methods, mentoring financial management and marketing and managing agency permits. The teaching method quality improvement program is carried out through workshops and workshops with the theme of teaching Indonesian and multimedia-based foreign languages. The resulting output is in the form of certificates and the quality of teaching increases. The problem of business management and enlargement has been solved through mentoring by management experts so that partners know the tips of building a small business. To build a language teaching business, the team helped partners manage the Business Course and Training (LKP) business license in a notary and operational permits in the Badung District Education Office. From the marketing aspect, the team has helped partner market course service products through the creation of signboards, business cards and websites with the domain www.gepbali.com . The implementation of all these activities has been running 70% while the draft article and seminar papers are still in draft form. This activity has had a positive impact on providing employment for language teachers and improving language skills for the community.

Beneficios tangibles e intangibles, imagen de responsabilidad social y el rendimiento en la inversión de las empresas certificadas “Verdes”

Oikos ◽  
2015 ◽  
Vol 15 (31) ◽  
pp. 17
Author(s):  
Carmen Vargas ◽  
Joanne Enid Díaz Rivera ◽  
Eulalia Márquez Martínez ◽  
Pablo A. Colón
Keyword(s):  
Environmental Management ◽  
Social Responsibility ◽  
Environmental Sustainability ◽  
Return On Investment ◽  
Positive Impact ◽  
Return Of Investment ◽  
Intangible Benefits ◽  
Green Business ◽  
Green Behavior

RESUMENEste artículo presenta las ventajas posibles de una empresa cuando opta por certificarse como “Verde”. Se analizaron los beneficios de conductas verdes y el impacto en el medioambiente. Los resultados incluyeron el rendimiento en la inversión, el mantenimiento de la sustentabilidad ambiental, el fortalecimiento de la imagen empresarial, ahorros en los gastos de energía, agua y materiales, y el impacto positivo en el rol de responsabilidad social corporativa. La certificación de empresa “verde” establece un marco operacional en el que se cumple cabalmente con la visión y misión de la organización, con un impacto amigable para el ambiente.Palabras clave: certificación empresa “verde”, beneficios tangibles e intangibles, gestión ambiental, responsabilidad social Tangibles and intangibles benefits, social responsibility image, and the return of investment in the Green certified businessABSTRACTThis article presents the possible advantages of a business when it opts to be certified as “green”. The benefits of green behavior and its impact on the environment were analyzed. Findings included return on investment, maintenance of environmental sustainability, enhancement of business position, savings in energy, water and supplies expenses, and its positive impact on the corporation’s social responsibility role. Certification as a “green” business provides an operational framework in which the organization vision and mission are fully accomplished, with a friendly impact on the environment.Keywords: “Green” business certification, tangible and intangible benefits, environmental management, social responsibility

Competitiveness of energy-consuming devices: new requirements in technical regulation for sustainable development

2020 ◽  
Vol 27 (3) ◽  
pp. 11-18
Author(s):  
E.A. Sysoeva ◽  
◽  
T.A. Rozhkova ◽  
Keyword(s):  
Energy Efficiency ◽  
Energy Security ◽  
Positive Impact ◽  
The European Union ◽  
Technical Regulation ◽  
Member States ◽  
Eurasian Economic Union ◽  
Modern Level ◽  
Energy Consuming ◽  
Economic Union

The Eurasian economic Union has adopted the technical regulation «On energy efficiency requirements for energy-consuming devices» (TR EEU 048/2019), which is applied to widely used energy-consuming devices that have a significant share in the energy consumption balance and produce a significant impact on the energy security of the EEU member States. In TR EEU 048/2019 updated quantitative requirements to energy consuming devices, with new, additional requirements for energy efficiency, corresponding to modern level of the development of energy-saving technologies, and harmonization gradually introduced requirements on energy efficiency of energy consuming devices installed in a TR EEU 048/2019, with the requirements of the directives and regulations of the European Union, suggests that energy efficiency in energy-consuming products manufactured in the member States of the Eurasian economic Union, will steadily increase and it should have a positive impact on the competitiveness of energy-consuming goods produced in the territory of the Eurasian economic Union. The introduction of the EAEU TR 048/2019 is an urgent solution for ensuring energy security of the economies and the energies of the member States of the Eurasian economic Union and will promote the promotion of competitive energy-consuming products produced on the territory of the countries of the Eurasian economic Union to the international market and will allow the population to save money on acquisitions of energy efficient energy consuming devices.

scholarly journals Sustainable Entrepreneurship in the 2030 Horizon

2021 ◽  
Vol 13 (2) ◽  
pp. 909
Author(s):  
Fernando Crecente ◽  
María Sarabia ◽  
María Teresa del Val
Keyword(s):  
Sustainable Development ◽  
Social Protection ◽  
Entrepreneurial Activity ◽  
The European Union ◽  
Sustainable Entrepreneurship ◽  
Development Indicators ◽  
Responsible Behavior ◽  
Development Goals ◽  
European Economies ◽  
The Relationship

(1) Background: this paper analyzes the relationship between entrepreneurship and sustainability following the worldwide reference of the 2030 Sustainable Development Goals (SDGs) framework set by the United Nations. Nowadays, these SDGs are the inspiration for many types of entrepreneurship that combine value creation with conservation and social protection. (2) Methods: using the indicators provided by Eurostat in its section called “Sustainable development indicators”, we have developed a dataset of 21 variables applied to the European Union (EU27) for the period 2013–2017. (3) Results: the results hold that these SDGs have favored a climate of change in the European economies towards more responsible behavior on the part of society, institutions, and their business fabric, creating new sustainable entrepreneurship. (4) Conclusions: the promotion of the SDGs has contributed to increasing the rate of entrepreneurial activity in the period 2013–2017.

scholarly journals Business management in modern economic management conditions

2021 ◽  
Vol 650 (1) ◽  
pp. 012098
Author(s):  
S Yu Ilyin ◽  
I A Mandych ◽  
O V Krasnyanskaya ◽  
A V Bykova
Keyword(s):  
Business Management ◽  
Economic Management ◽  
Modern Economic

scholarly journals The Role of Renewable Energy Sources in Alleviating Energy Poverty in Households in Poland

Energies ◽  
2021 ◽  
Vol 14 (10) ◽  
pp. 2957
Author(s):  
Agnieszka Biernat-Jarka ◽  
Paulina Trębska ◽  
Sławomir Jarka
Keyword(s):  
Renewable Energy ◽  
Positive Impact ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
The European Union ◽  
Public Funds ◽  
Energy Poverty ◽  
Specific Goal ◽  
Reducing Energy

Energy poverty is a problem that affects all member states of the European Union to a varying degree, including Poland, where about 9% of the population is at risk of energy poverty. The article aims to show the changes in energy poverty in Poland in 2010–2018. The specific goal, however, is to evaluate government measures aimed at reducing energy poverty through investments based on renewable energy sources. To present changes in the level of energy poverty in 2010–2018, the authors proposed a new synthetic measure that unifies several different measures used by researchers and allows for a comprehensive assessment of this phenomenon. The conducted research showed that in 2010–2018 there was a slow but visible decrease in the level of energy poverty in Poland. In addition, the article indicates investments in renewable energy sources that may have a positive impact on reducing the scale of energy poverty in Poland. The programs implemented with national and EU public funds, which finance investments in renewable energy sources in Poland, are also presented.

scholarly journals Factors responsible for the growth of small business

2015 ◽  
Vol 8 (1) ◽  
pp. 54-62 ◽  
Author(s):  
JA Döckel ◽  
AA Ligthelm
Keyword(s):  
Small Business ◽  
Business Management ◽  
Multiple Linear Regression Model ◽  
Growth Potential ◽  
Business Sector ◽  
Management Skills ◽  
Business Growth ◽  
Policy Initiatives ◽  
Factors Associated ◽  
Successful Business

Entrepreneurial conduct holds the key to economic growth. Thus those business that show growth and development are considered entrepreneurial, implying that SMME policy initiatives should focus on businesses with growth potential, and not the small business sector as a whole.  The success of a small business seems to depend on the intentions of the owner, together with factors associated with the ability of, and opportunity for, the specific business to grow.  The aim of this article is to make use of a multiple linear regression model to determine the variables that impact positively on business growth.  In addition to demand factors, it was established that smaller and younger businesses are the ones that grow faster. A successful business also shows a positive correlation between business management skills and entrepreneurial conduct.

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