How Entrepreneurship Impacts Sustainable Development: An Empirical Evidence from Emerging

The purpose of the manuscript was to examine the impact of entrepreneurship on the sustainable development of Saudi Arabia's consulting industry. Entrepreneurship dimensions included risk-taking, innovativeness, and proactiveness, whereas sustainable development dimensions included economic, social, and environmental sustainability. The research participants were represented by managers of consulting companies in Saudi Arabia. A purposive sample of 177 managers at companies located in Jeddah was acquired, representing a response rate of 80.45% of the total disseminated surveys. To assess the research's hypotheses, structural equation modeling (SEM) was employed as an inferential statistical analytic approach. The study's findings offered support for the impact of entrepreneurship on the sustainable development of the consulting industry in Saudi Arabia. Furthermore, the findings indicated that all dimensions of entrepreneurship had positive effects on the sustainable development of the consulting industry in Saudi Arabia, with risk-taking having the largest impact and proactiveness having the lowest. Accordingly, the manuscript recommended managers of consulting companies and decision-makers in Saudi Arabia allocate extra resources for research and development activities to create new models that could assist in the proactive capture of investment opportunities. JEL Classification: L26, L31, Q01.   Keywords: Entrepreneurship, Sustainable Development, Consulting Industry, Saudi Arabia.

• Publication year

  2026

• Venue

  European Journal of Sustainable Development

• Publication date

  2026-02-01

• Fields of study

  Not labeled

• Identifiers
  DOI 10.14207/ejsd.2026.v15n1p467
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

• Sustainable competencies of social entrepreneurship for sustainable development: Exploratory analysis from a developing economy

  2022cited by this paper
• Sustainable development goals (SDGs) reporting and the role of country-level institutional factors: An international evidence

  2022cited by this paper
• Can Cross-Sectional Studies Contribute to Causal Inference? It Depends.

  2022cited by this paper
• The Influence of Crisis Management, Risk-Taking, and Innovation in Sustainability Practices: Empirical Evidence From Iraq

  2022cited by this paper
• The role of innovative ideas in business sustainability: Evidence from textile industry

  2022cited by this paper
• Alternatives to sustainable development: what can we learn from the pluriverse in practice?

  2022cited by this paper
• Triple Bottom Line toward a Holistic Framework for Sustainability: A Systematic Review

  2021cited by this paper
• CB-SEM vs PLS-SEM methods for research in social sciences and technology forecasting

  2021influential reference
• THE IMPACT OF ENTREPRENEURSHIP TOWARDS INNOVATION IN AIRPORT INDUSTRY: THE DOUBLE MEDIATION FRAMEWORK OF STRATEGIC ALIGNMENT AND LEARNING ORIENTATION

  2021cited by this paper
• The Impact of Entrepreneurship on Economic Growth within a City

  2021cited by this paper
• The Impact of Proactive Environmental Strategy on Competitive and Sustainable Development of Organizations

  2021cited by this paper
• Structural process model of organizational innovativeness types for sustainability: a dynamic capability perspective

  2021cited by this paper
• Urban Planning and European Innovation Policy: Achieving Sustainability, Social Inclusion, and Economic Growth?

  2021cited by this paper
• Risk Governance and Sustainability: A Scientometric Analysis and Literature Review

  2021cited by this paper
• The association between entrepreneurship, management, and sustainable development in the middle east: A systematic review and meta-analysis

  2021cited by this paper
• Omega over alpha for reliability estimation of unidimensional communication measures

  2020influential reference
• Introduction to the Minitrack on Innovation and Entrepreneurship Theory and Practice

  2020cited by this paper
• The impact of entrepreneurship orientation on project performance: A machine learning approach

  2020cited by this paper
• The impact of entrepreneurship on managerial innovation capacity: The moderating effects of policy finance and management support

  2020cited by this paper
• Risk management of hydropower projects for sustainable development: a review

  2020cited by this paper
• Assessing measurement model quality in PLS-SEM using confirmatory composite analysis

  2020cited by this paper
• On the root mean square error (RMSE) calculation for parameter estimation of photovoltaic models: A novel exact analytical solution based on Lambert W function

  2020cited by this paper
• Research methods in business: Quantitative and qualitative comparative analysis

  2020cited by this paper
• Applied Structural Equation Modeling Using AMOS

  2020cited by this paper
• The Poor Fit of Model Fit for Selecting Number of Factors in Exploratory Factor Analysis for Scale Evaluation

  2020influential reference
• An extensive comparison of CB-SEM and PLS-SEM for reliability and validity

  2020influential reference
• The Impact of Entrepreneurship and Management Strategies on Organizational Performance Perceived by Members: Focused on SMEs

  2020influential reference
• The impacts of institutional quality and business environment on Chinese foreign direct investment flow to African countries

  2019cited by this paper
• Structural Equation Modeling

  2019cited by this paper
• Validation of Burr XII inverse Rayleigh model via a modified chi-squared goodness-of-fit test

  2019influential reference
• Discriminant validity of the customer-based corporate reputation scale: some causes for concern

  2019cited by this paper
• Analysis model of the sustainability development of manufacturing small and medium- sized enterprises in Taiwan

  2019cited by this paper
• The Concept of Sustainable Development: From its Beginning to the Contemporary Issues

  2018cited by this paper
• Initial progress in implementing the Sustainable Development Goals (SDGs): a review of evidence from countries

  2018cited by this paper
• Innovation, Entrepreneurship, and the Spirit of Digital Capitalism

  2018cited by this paper
• Responsibility and the United Nations’ Sustainable Development Goals

  2017cited by this paper
• Environmental Policies for Sustainable Development: An Analysis of the Drivers of Proactive Environmental Strategies in the Service Sector

  2015cited by this paper
• Research design and methodology

  2014cited by this paper
• Statistics for Management and Economics

  1991cited by this paper
• The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle

  1934cited by this paper
• The Theory of Uncertainty and Profit

  1931cited by this paper

• No citing papers are available for this paper.