Does Climate Change Risk and Environmental Quality Influence Macroeconomic Entrepreneurship

Authors

  • Kamran Hameed Lecturer, Department of Management, Dr Hasan Murad School of Management, University of Management and Technology, Lahore, Pakistan
  • Asma Saher School of Management, Xi’an Jiaotong University, Xi’an China.
  • Noman Arshed Assistant Professor, Department of Economics, Division of Management and Administrative Science, University of Education, Lahore, Pakistan.
  • Rana Zamin Abbas Assistant Professor, Department of Management, Dr Hasan Murad School of Management, University of Management and Technology, Lahore, Pakistan
  • Mubbashir Munir Lecturer, Department of Economics and Statistics, Dr Hasan Murad School of Management, University of Management and Technology, Lahore, Pakistan.

DOI:

https://doi.org/10.58661/ijsse.v3i2.117

Keywords:

Quadratic Effects, New Business Density, Innovation, CO2 Emissions

Abstract

The critiques on modernism have challenged the current set of rules of free market societies where demands are fulfilled without considering the adverse consequences of the environment. The business environment has yet to transform to explore modern innovative entrepreneurial solutions to create harmony in the natural ecosystem. Recent studies have separately investigated the role of business growth in economic development and its negative influence on the global environment. This study analyzes global data by analyzing global data to develop a nonlinear relationship between climate change and entrepreneurship. Based on the disruptive innovation theory, we argue that economic activities cause a rise in CO2 emissions and create opportunities for entrepreneurship. Data has been taken from 45 countries to analyze the impact of climate change on entrepreneurship. The results show a nonlinear relationship exists between climate change and entrepreneurship at the global level. Policy developments are required for a sustainable environment through entrepreneurship.

Author Biographies

Asma Saher, School of Management, Xi’an Jiaotong University, Xi’an China.

 

 

Noman Arshed, Assistant Professor, Department of Economics, Division of Management and Administrative Science, University of Education, Lahore, Pakistan.

 

 

Rana Zamin Abbas, Assistant Professor, Department of Management, Dr Hasan Murad School of Management, University of Management and Technology, Lahore, Pakistan

 

 

Mubbashir Munir, Lecturer, Department of Economics and Statistics, Dr Hasan Murad School of Management, University of Management and Technology, Lahore, Pakistan.

 

 

 

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Published

2023-04-30

How to Cite

Kamran Hameed, Asma Saher, Noman Arshed, Rana Zamin Abbas, & Mubbashir Munir. (2023). Does Climate Change Risk and Environmental Quality Influence Macroeconomic Entrepreneurship . International Journal of Social Science & Entrepreneurship, 3(2), 367–386. https://doi.org/10.58661/ijsse.v3i2.117

Issue

Vol. 3 No. 2 (2023): International journal of Social Science and Entrepreneurship (IJSSE)

Section

Articles