- Figure 1. Estimated model for OECD countries
- Figure 2. Bidirectional causality.
- Table 1. Definition of variables.
- Table 2. Cross-loads for convergent validity
- Table 3. Reliability and validity of the measurement model.
- Table 4. Indirect effects between latent variables.
- Table 5. Specific indirect effects between latent variables
- Table 6. Reliability and validity of the measurement bidirectional causality model.
- Table 5.
- From this table, we can see that both traditional and social entrepreneurship positively affects sustainable development through innovation than through green innovation.
- Additionally, for both total and specific indirect effects, traditional entrepreneurship had greater influence than social entrepreneurship did.
- Figure 2.
- 2 years’ delay in the impact of sustainable development on latent variables ‘EPI, HDI, GDP per capita’ were taken into account.
- Sustainable development is becoming more important since it can generate social welfare without compromising the situation of future generation.
- Two factors considered in the paper: entrepreneurship & innovations
- There have been behavioral changes so that these factors are taking sustainability & environmental aspects more into consideration
- we have found that both types of entrepreneurship have a positive relationship with sustainable development.
- Also, there’s a greater path coefficient in the case of social entrepreneurship.
- The impact of green innovation on the established objective is lower than that of traditional innovation.
- The impact of social entrepreneurs on green innovation is lower than on traditional innovation.
////
- in limitations and future research, the paper presents some possible suggestions.