Special Issue on Sustainable Entrepreneurship in a Socially Responsible World: How 'Eco-Friendly' and Ethically Correct Entrepreneurial Practices Can Improve Business Performances

摘要

In 1987, the World Commission on Economic Development (WCED) popularized the term 'sustainable development' in its well-cited report, Our Common Future. According to the WCED, sustainable development "is development that meets the needs of the present without compromising the ability of future generations to meet their own needs". Social and political contests are then the fundamental part of the journey of negotiating the balance between society, state, and market. Are emerging markets sensitive to corporate responsibility issues? The WCED asserted that sustainable development required the simultaneous adoption of environmental, economic, and equity principles. This assertion was met with skepticism as it challenged the deep-rooted assumption that environmental integrity and social equity were at odds with economic prosperity.