Sustainable entrepreneurship models dynamics and key drivers of societal and environmental impact

Abstract

Abstract Sustainable entrepreneurship is receiving growing scholarly attention as it shifts from traditional profit-maximizing models to holistic approaches that integrate economic, social, and environmental objectives. This paradigm responds to global challenges such as climate change, resource scarcity, and social inequality by promoting value creation beyond financial outcomes. This study presents a systematic review of 95 peer-reviewed articles published between 2015 and 2023, retrieved from academic databases including Web of Science and Scopus, using predefined keywords and rigorous inclusion criteria. The analysis identifies key theoretical and practical contributions to the field, emphasizing frameworks such as the Triple Bottom Line, Creative Destruction, and the Capabilities Approach. Findings highlight the critical role of stakeholder engagement, ethical governance, digitalization, and educational infrastructure in shaping sustainable entrepreneurial practices. Moreover, the study explores the primary drivers of sustainable entrepreneurship and their societal and environmental impacts, including inclusive innovation, ecological preservation, and capacity building. By synthesizing current literature, this review offers valuable insights for scholars, policymakers, and practitioners seeking to foster sustainability-driven entrepreneurship and address complex development challenges.

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