Unit 4 Project: Solving Worldly Issues With Entrepreneurship

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Unit 4 Project: Solving Worldly Issues with Entrepreneurship

Pollution and climate change is a global issue. Especially underdeveloped nations are facing so many problems due to pollution. Pollution is resulting in climate change that is causing an increase in temperature of the earth ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"mgJFFflx","properties":{"formattedCitation":"(Block et al.)","plainCitation":"(Block et al.)","noteIndex":0},"citationItems":[{"id":1633,"uris":["http://zotero.org/users/local/mlRB1JqV/items/MT3Q26U9"],"uri":["http://zotero.org/users/local/mlRB1JqV/items/MT3Q26U9"],"itemData":{"id":1633,"type":"article-journal","title":"Shaping conditions for entrepreneurship in climate change adaptation: A case study of an emerging governance arrangement in the Netherlands","container-title":"Ecology and Society","volume":"24","issue":"1","source":"library.wur.nl","abstract":"<p>Planning and implementation of regional climate change adaptation requires new, integrated governance arrangements that often involve public and private actors. Although entrepreneurship is widely considered an important part of such arrangements, little is known about the conditions that enable it, and its actual role is under-researched. Through an in-depth case study of an ecosystem-based adaptation project in the Netherlands, we have analyzed how the variegated actors in a governance network shape six conditions for entrepreneurial success, established in the entrepreneurship literature. Through a framing analysis, we found that all six conditions, i.e., prior career experience, altruistic motivations, financial motives, social networks, financial capital availability, and policies and regulations, were the object of constant negotiations. Their salience varied during the project as a result of variegated framing practices. In the early stages, issue, identity, and relationship frames were used to create a network of people with a range of relevant experience, connected by altruistic motivations. However, as the project progressed, distrust frames and different spatial-and temporal-scale frames created tensions between public and private actors. Accordingly, process frames, financial motivations, and capital availability became increasingly salient, reflecting the need to consolidate rules, roles, and responsibilities. The findings suggest that approaches to climate change adaptation imply ongoing struggles over the conditions that enable entrepreneurial success. We thereby add an important new dimension to the study of adaptation governance.</p>","URL":"https://library.wur.nl/WebQuery/wurpubs/551028","DOI":"10.5751/ES-10310-240119","ISSN":"1708-3087","title-short":"Shaping conditions for entrepreneurship in climate change adaptation","language":"eng","author":[{"family":"Block","given":"Debora","dropping-particle":"de"},{"family":"Feindt","given":"Peter H."},{"family":"Slobbe","given":"Erik","dropping-particle":"van"}],"issued":{"date-parts":[["2019"]]},"accessed":{"date-parts":[["2019",11,7]]}}}],"schema":"https://github.com/citation-style-language/schema/raw/master/csl-citation.json"} (Block et al.). Entrepreneurship at this point can play a vital role to control the problem and to ensure a positive contribution to a healthy environment. The main purpose of the paper is to discuss the solution of the issue through entrepreneurial approaches.

Since pre-industrial times, the concentration of carbon dioxide has increased up to 380 parts per million from 280 ppm. The temperature of the entire world is increasing at a higher rate due to human-induced changes ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"TAaP3A3d","properties":{"formattedCitation":"(Cohen and Winn)","plainCitation":"(Cohen and Winn)","noteIndex":0},"citationItems":[{"id":1631,"uris":["http://zotero.org/users/local/mlRB1JqV/items/BE37KDRB"],"uri":["http://zotero.org/users/local/mlRB1JqV/items/BE37KDRB"],"itemData":{"id":1631,"type":"article-journal","title":"Market imperfections, opportunity and sustainable entrepreneurship","container-title":"Journal of Business Venturing","page":"29-49","volume":"22","issue":"1","source":"DOI.org (Crossref)","abstract":"This research develops the argument that four types of market imperfections (i.e., inefficient firms, externalities, flawed pricing mechanisms and information asymmetries) at once contribute to environmental degradation and that they also provide significant opportunities for the creation of radical technologies and innovative business models. We show that these opportunities establish the foundations for an emerging model of sustainable entrepreneurship, one which enables founders to obtain entrepreneurial rents while simultaneously improving local and global social and environmental conditions. To advance this new field, we offer suggestions for a research agenda focusing on two areas: the relationship between market imperfections and entrepreneurial opportunities, and the emerging field of sustainable entrepreneurship.","DOI":"10.1016/j.jbusvent.2004.12.001","ISSN":"08839026","journalAbbreviation":"Journal of Business Venturing","language":"en","author":[{"family":"Cohen","given":"Boyd"},{"family":"Winn","given":"Monika I."}],"issued":{"date-parts":[["2007",1]]}}}],"schema":"https://github.com/citation-style-language/schema/raw/master/csl-citation.json"} (Cohen and Winn). Climate change has changed ocean currents due to which many regions of the world are facing severe weather conditions. Sea level has been rising at a rate of 2 millimeters per year in the past 100 years. This rate has increased up to 10 millimeters per year in the past 20 years due to human-induced activities ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"JW7HGX8G","properties":{"formattedCitation":"({\\i{}Af75fb524aa042e2a4f795ba6f29196f.Pdf})","plainCitation":"(Af75fb524aa042e2a4f795ba6f29196f.Pdf)","noteIndex":0},"citationItems":[{"id":1630,"uris":["http://zotero.org/users/local/mlRB1JqV/items/XND95CM4"],"uri":["http://zotero.org/users/local/mlRB1JqV/items/XND95CM4"],"itemData":{"id":1630,"type":"article","title":"af75fb524aa042e2a4f795ba6f29196f.pdf","URL":"https://unfccc.int/ttclear/misc_/StaticFiles/gnwoerk_static/brief12/bd80d2dd55e64d8ebdbc07752108c52c/af75fb524aa042e2a4f795ba6f29196f.pdf","accessed":{"date-parts":[["2019",11,7]]}}}],"schema":"https://github.com/citation-style-language/schema/raw/master/csl-citation.json"} (Af75fb524aa042e2a4f795ba6f29196f.Pdf). Sustainability is a significant idea to control pollution and climate change. Sustainability entrepreneurship acts will increase the involvement of political, social, and business activities. By encouraging stakeholders at both the national and international levels in policy development, it can be helpful to generate better environmental and social conditions of the firm. Commitment to sustainable enterprises is significant to increase the use of cooperation within the organization as well as with the partners.

Researches indicate that developed nations can find cheap labor in underdeveloped nations which increases the chance of poor ecosystem-based adaption ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"ALOg7XA6","properties":{"formattedCitation":"(\\uc0\\u8220{}How Entrepreneurship Can Solve Social Problems\\uc0\\u8221{})","plainCitation":"(“How Entrepreneurship Can Solve Social Problems”)","noteIndex":0},"citationItems":[{"id":1628,"uris":["http://zotero.org/users/local/mlRB1JqV/items/BVCDZRAP"],"uri":["http://zotero.org/users/local/mlRB1JqV/items/BVCDZRAP"],"itemData":{"id":1628,"type":"post-weblog","title":"How Entrepreneurship Can Solve Social Problems","container-title":"Classy","abstract":"Social entrepreneurship isn't just trendy, it's making a real difference in the world. Learn how incredible innovation is solving social problems.","URL":"https://www.classy.org/blog/5-ways-entrepreneurial-thinking-can-solve-social-problems/","language":"en-US","issued":{"date-parts":[["2015",7,1]]},"accessed":{"date-parts":[["2019",11,7]]}}}],"schema":"https://github.com/citation-style-language/schema/raw/master/csl-citation.json"} (“How Entrepreneurship Can Solve Social Problems”). Entrepreneurs focus on their profit and issues like pollution, emission of methane, and waste material result in a harmful impact on the environment as well as for labor. As an entrepreneur, I would prefer to develop a system within the production system which can minimize these issues. Increasing indoor plants, filtering for carbon dioxide, methane, and other harmful gases, and the proper system for transferring of waste material ADDIN ZOTERO_ITEM CSL_CITATION {"citationID":"8vqmyFo2","properties":{"formattedCitation":"(\\uc0\\u8220{}Sustainability Entrepreneurship\\uc0\\u8221{})","plainCitation":"(“Sustainability Entrepreneurship”)","noteIndex":0},"citationItems":[{"id":1627,"uris":["http://zotero.org/users/local/mlRB1JqV/items/68R9THRE"],"uri":["http://zotero.org/users/local/mlRB1JqV/items/68R9THRE"],"itemData":{"id":1627,"type":"webpage","title":"Sustainability Entrepreneurship","container-title":"adelphi","abstract":"Green & Inclusive Business, Social & Environmental Entrepreneurship, Social Business, Low Carbon Business Models are key words for new approaches in international development cooperation. They have in common that entrepreneurial approaches are used to solve social and environmental problems and that a positive contribution is made to sustainable development.Goal: Sustainable","URL":"https://www.adelphi.de/en/in-focus/sustainability-entrepreneurship","language":"en","accessed":{"date-parts":[["2019",11,7]]}}}],"schema":"https://github.com/citation-style-language/schema/raw/master/csl-citation.json"} (“Sustainability Entrepreneurship”) can aid in developing a clean environment. An online portal can be developed in which firms can mention the use of these materials within a month or six months to develop an analysis that how much one firm worked for the reduction of pollution and climate change. Control over this report can be obtained by getting the patent. The annual reports can help not only an entrepreneur but also the government and environmentalists to keep check and balance on pollution and other climate change-related factors.

The bottom line is that sustainability entrepreneurship does not only mean to develop positive changes within the process of development. Its concept can also increase by using strategies to control global issues like pollution and climate change.

Works Cited

ADDIN ZOTERO_BIBL {"uncited":[],"omitted":[],"custom":[]} CSL_BIBLIOGRAPHY https://unfccc.int/ttclear/misc_/StaticFiles/gnwoerk_static/brief12/bd80d2dd55e64d8ebdbc07752108c52c/af75fb524aa042e2a4f795ba6f29196f.pdf. Accessed: 7 Nov. 2019.

Block, Debora de, et al. “Shaping Conditions for Entrepreneurship in Climate Change Adaptation: A Case Study of an Emerging Governance Arrangement in the Netherlands.” Ecology and Society, vol. 24, no. 1, 2019. library.wur.nl, doi:10.5751/ES-10310-240119.

Cohen, Boyd, and Monika I. Winn. "Market Imperfections, Opportunity, and Sustainable Entrepreneurship." Journal of Business Venturing, vol. 22, no. 1, Jan. 2007, pp. 29–49. DOI.org (Crossref), doi:10.1016/j.jbusvent.2004.12.001.

“How Entrepreneurship Can Solve Social Problems.” Classy, 1 July 2015, https://www.classy.org/blog/5-ways-entrepreneurial-thinking-can-solve-social-problems/.

“Sustainability Entrepreneurship.” Adelphi, https://www.adelphi.de/en/in-focus/sustainability-entrepreneurship. Accessed 7 Nov. 2019.