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Opportunity-based entrepreneurship and environmental quality of sustainable development: A resource and institutional perspective

Jinjiang He,Mohd Nazari,Yingqiang Zhang,N. Cai

Published 2020 in Journal of Cleaner Production

ABSTRACT

Abstract This study combines the resource-based view (RBV) and institutional context to examine the relationship between opportunity-based entrepreneurship and the environmental quality of sustainable development, as well as the moderating role of institutional context (regulative, normative and cognitive factors), using Global Entrepreneurship Monitor database (GEM) and World Development Indicator (WDI) data. The results of this study show that opportunity-based entrepreneurship has a positive relationship with environmental quality of sustainable development. An analysis of moderating effects demonstrates that regulative, normative and cognitive factors have positive moderating effects on the relationship between opportunity-based entrepreneurship and the environmental quality of sustainable development. An important implication is the need to focus on sustainable development, especially environmental quality, and to promote opportunity-based entrepreneurship to solve environmental issues. This paper contributes to the literature on entrepreneurship and sustainable development by establishing a relationship model between entrepreneurship (especially opportunity-based entrepreneurship) and environmental quality. This research also opens the “black box” mechanism from a resource perspective. Last, this paper emphasizes the institutional contingency approach by empirically testing the role of institutional factors.

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