Building Sustainable Enterprises through Innovations in Bulgaria

2020 ◽  
pp. 1245-1266
Author(s):  
Julia Dobreva

This chapter aims to focus on the role of innovations for achieving sustainable development of Bulgarian enterprises. Following an analysis of the Bulgarian economy, the chapter explores a model for transforming businesses towards sustainability through innovations in production processes. The socioeconomic and environmental implications are considered in terms of defining the major outcomes of implementing sustainable business practices in Bulgaria. A comparison is made with the sustainable development levels in some EU countries to serve as a basis for identifying and further elaborating the main political and economic targets for Bulgaria.

Author(s):  
Julia Dobreva

This chapter aims to focus on the role of innovations for achieving sustainable development of Bulgarian enterprises. Following an analysis of the Bulgarian economy, the chapter explores a model for transforming businesses towards sustainability through innovations in production processes. The socioeconomic and environmental implications are considered in terms of defining the major outcomes of implementing sustainable business practices in Bulgaria. A comparison is made with the sustainable development levels in some EU countries to serve as a basis for identifying and further elaborating the main political and economic targets for Bulgaria.


2021 ◽  
Vol 2 (2) ◽  
pp. 114-119
Author(s):  
PHAN THI THANH QUYEN ◽  

The role of internal audit in ensuring sustainable development of economic entities is indisputable. How-ever, the biggest challenge faced by internal auditors is how the level of their contribution can truly be weighed against the ability and role recognized by society, especially as most economic actors move from a traditional business model to a sustainable business model. The article highlights the main approaches to the transfor-mation of internal audit in order to make it an integral part of the corporate governance structure and make a significant contribution to sustainable development.


Author(s):  
Vasja Roblek ◽  
Ivan Erenda ◽  
Maja Meško

The purpose of the chapter is to find out the meaning of the sustainable development in the post-industrial society in the first half of the 21st century. The financial crisis that started in 2008 is an indicator of how short-term profitability mindsets and related strategies, policies and actions of individuals and individual organizations can cause global economic, ecological and ethical crises. These events have contributed to the judgement that most organizations operate on business models that are not sustainable. The conceptual content contributes to the ongoing discussion about the increasingly important role of sustainable development as a major concern for the profit and non-profit sector that wish to develop the policies that will enable low but sustainable growth of society.


2019 ◽  
Vol 15 (6) ◽  
pp. 772-785
Author(s):  
Unai Tamayo ◽  
Gustavo Vargas

Purpose The purpose of this paper is to examine the use of biomimicry to inspire sustainable development in economic systems. The research purpose is to explore the link between ecological systems and economic systems to highlight applied environmental solutions. The goal is to propose some driver to develop sustainable business practices inspired on the principles of biomimicry. Design/methodology/approach This paper provides a theoretical approach that builds the basis for a better understanding of the relationship between nature and sustainable economic decisions. The premise is that in the field of sustainable development, strategies based on “learning from nature” are useful. Furthermore, the concept of biomimicry provides principles and tools specifically aimed at design practice. Findings The complexity of economic systems has shown that high levels of abstraction are required when conceptualising problems and explanations related with nature-inspired solutions. Stakeholder engagement and transdisciplinary collaboration are required to face long-term environmental challenges. Moreover, the exploratory analysis applied in this paper appeared suitable to compile existing literature. Practical implications The study provides some general guidelines and empirical approach through case studies that could help decision makers convert nature-inspired alternatives into valuable strategic business opportunities. Although presented practical cases are framed in the local sphere (i.e. the Basque Country), they can serve as references in other international contexts. Social implications New business models should recognize the positive synchronization between well-managed social, environmental and economic systems. Originality/value The proposed ideas deepen the understanding on the sustainable development and the link between ecological and economic systems. In fact, the concept of biomimetic economy has not been dealt with or developed in depth in previous academic works, nor has it been published thoroughly in the field of research.


2021 ◽  
Vol 16 (1) ◽  
pp. 201-207
Author(s):  
Purnima Lenka ◽  
◽  
Sarita Kar

Sustainable development is one of the major concerns of present time mainly because of the rapid proliferation of business organizations. In order to develop economically, business organizations excessively use and misuse natural resources that directly causes harm to environment and society. Besides, there are some other causes also responsible for the environmental deterioration these include population explosion, enormous industrialization and lots of anthropogenic activities. The present paper tries to bring in the cognizant how business organization unknowingly leads to environmental problems and juxtaposes economic development and environmental issues. On saying this, it precisely indicates that both economic growth and sustainable environment are equally required for our society but not at the cost of one another. At this point, it is argued that only by contemplating and by engaging ethical leaders the business organisations could be able to maintain the balance between plant, people and profit. In continuation with this, the present research would engage two significant questions: firstly, what does sustainable development mean and why it is predominantly needed for the present society? Secondly, what are the expected roles of ethical leaders in maintaining the sustainable development in an organisation?


Author(s):  
Teresa Paiva ◽  
Luis Farinha

Industrial competitiveness is linked to sustainable business practices if firms want to be competitive and position themselves as sustainable companies. This chapter analyses how the knitwear industry integrates the sustainable concerns into their strategy and mission and how they adopt new ways of production, performance, and product definition, mainly through technological innovation and therefore improve their industrial competitiveness. The study is exploratory applied into all the knitwear industries of two counties of the Centre Region of Portugal. The innovation, mainly technical, adopted expresses the sustainable concern to the limit of the law and business revenue. It seems that the business environmental concerns showed have a paradoxical behaviour as they don't translate into a clear contribution for the sustainable development and to an industrial competitiveness concern.


Author(s):  
Aliya Kassymbek ◽  
Lazzat Zhazylbek ◽  
Zhanel Sailibayeva ◽  
Kairatbek Shadiyev ◽  
Yermek Buribayev

Author(s):  
Vasyl Zelenko ◽  
Yaryna Ferenchak ◽  
Nataliya Zelenko

The paper outlines major preconditions of development of energy efficiency programs and the process of their introduction from the perspective of sustainable development concept. Energy saving measures of European Union are examined, its experience and results, like green books and Thermie programs, etc are analyzed. The paper also specifies relevant activities and responsibilities undertaken by Member States by 2030 and the rates planned to be achieved. The experience of neighboring Poland in energy efficiency promotion is analyzed, as far as the country most closely resembles Ukraine by the initial rates in 1990. We calculated conditional losses of Ukraine in 2017 as the gap between the rates of energy efficiency of Ukraine and Poland (similarity of climate conditions and the state of housing funds allowed us to assume that the comparison will be the most correct regarding Ukraine). The results of calculations make us conclude that the funds are used most efficiently if the money designated, for example, for subsidizing of population are directed at strengthening of energy efficiency (at least up to the level of neighboring country). It will result in saving of about 40 billion. This is the amount defined as Ukrainian capacity in terms of improvement of energy saving and possible results of its realization. The paper determines the stage Ukraine is at in introduction of energy efficiency measures and programs: “warm loans” program; conditions regarding energy saving in Ukraine enshrined in the EU-Ukraine Association Agreement; creation of legal basis, namely the Law of Ukraine “On Energy Efficiency Fund” as of 8 June 2017. The role of newly created Energy Efficiency Fund is analyzed. Special attention is paid to the fact that energy efficient construction is one of international liabilities undertaken by Ukraine. The presence of The Active House Alliance at Ukrainian market is an important achievement in this sphere as it is the non-profit association aiming at creation of housing concept corresponding to the sustainable development principles.


2021 ◽  
Vol 13 (5) ◽  
pp. 2878
Author(s):  
Soniya Billore

Cultural heritage is an invaluable asset of any city, region, or community and is an important component in the sustainable development of societies and economies. However, the role of cultural heritage has been understudied in terms of its social embeddedness and impact on social cohesion. This has led to a demand for more insights on how cultural heritage is conserved globally and more significantly via the role of societal stakeholders. Inclusive strategies allow diverse sections of a community to engage and enrich not only the anthropological interpretations of society but also support social stability and foster positive social change. This paper exemplifies how an inclusive approach was used to engage citizen engagement for the sustainable development of the built heritage in the city of Indore in central India. Best practices are presented through secondary data through various print and online sources relevant to the context. Open coding of secondary data has helped to identify strategic approaches and relationships that emerge as crucial to citizen engagement as presented in this study. The paper discusses strategies that, based on diversity and inclusivity, contribute to the enrichment of community knowledge, increased synergistic participation, and the enhancement of the sense of collective responsibility in cultural consumption.


2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Bingsheng Liu ◽  
Tao Wang ◽  
Jiaming Zhang ◽  
Xiaoming Wang ◽  
Yuan Chang ◽  
...  

AbstractAchieving the Sustainable Development Goals (SDGs) is a long-term task, which puts forward high requirements on the sustainability of related policies and actions. Using the text analysis method, we analyze the China National Sustainable Communities (CNSCs) policy implemented over 30 years and its effects on achieving SDGs. We find that the national government needs to understand the scope of sustainable development more comprehensively, the sustained actions can produce positive effects under the right goals. The SDGs selection of local governments is affected by local development levels and resource conditions, regions with better economic foundations tend to focus on SDGs on human well-being, regions with weaker foundations show priority to basic SDGs on the economic development, infrastructures and industrialization.


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