Open AccessIdentifying environmental and economic development factors in sustainable entrepreneurship over time by partial least squares (PLS)
Author(s) -
Ismael Moya Clemente,
Gabriela RibesGiner,
Odette Pantoja Díaz
Publication year - 2020
Publication title -
plos one
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.99
H-Index - 332
ISSN - 1932-6203
DOI - 10.1371/journal.pone.0238462
Subject(s) - entrepreneurship , partial least squares regression , consolidation (business) , sustainable development , index (typography) , ordinary least squares , environmental economics , economics , business , natural resource economics , econometrics , mathematics , computer science , ecology , statistics , biology , accounting , finance , world wide web
This study analyses the impact of environmental and economic factors consolidation on sustainable entrepreneurship over time. A model is proposed that analyses the relations between these factors and sustainable entrepreneurship over time with sustainable development goals performances and the continuation of the businesses index as variables. Using data from 50 countries, a quantitative method based on partial least squares was applied to validate the proposed model. Our findings showed positive and significant relations between environmental and economic factors with sustainable entrepreneurship over time. This implies that the countries which invest more efforts to consolidate their economic and environmental factors obtain higher durability rates for their sustainable entrepreneurship.