se- week 1 (Shepherd & Patzelt, 2010)

What does the term 'nature' refer to in the context of sustainability?

Nature refers to the phenomena of the physical world, including the earth, biodiversity, and ecosystems, which can hold intrinsic value.

The sustainability of communities is important for what reasons?

It is essential for maintaining community identity, social cohesion, and cultural heritage.

What are 'sources of life' in terms of the environment?

Sources of life are the resources and services needed for human survival, including clean water, fertile soil, and air quality.

What are the severe consequences of degrading natural resources, biodiversity, and ecosystems?

Degradation can have serious consequences for human life.

Define 'sustainable entrepreneurship' according to Cohen & Winn (2007).

The examination of how opportunities for creating future goods and services are discovered, created, and exploited with various consequences.

What is the primary focus of sustainable entrepreneurship?

The primary focus is on the economic and environmental components of sustainability.

How does Shepherd & Patzelt (2010) define sustainable entrepreneurship?

It is focused on preserving nature, life support, and community while pursuing future products, processes, and services for gain.

What is meant by 'gain' in the context of sustainable entrepreneurship?

Gain includes both economic and non-economic benefits to individuals, the economy, and society.

Why is the preservation of communities crucial in sustainability?

Preservation maintains unique cultures, social groups, and specific places, preventing the loss of community sense.

What happens if cultures and identities of communities are endangered?

The sense of community could be lost.

sustainable entrepreneurship definition

The preservation of nature, sources of life support and communities by seeking opportunities to create future products and services for gain, where gain include economic and non-economic gains to economy, individuals and society.

Overlap in Definitions of Sustainable Entrepreneurship

Both Shepherd & Patzelt (2010) and Cohen & Winn (2007) follow the triple bottom line approach, focusing on opportunities arising from addressing societal and environmental challenges.

Not Sustainable Entrepreneurship

Sustaining without simultaneously developing, or developing without simultaneously sustaining, lacking the creation or exploitation of future products, services, or processes.

Sustainable Entrepreneurship (SE)

Focuses on the preservation of nature, life support, and community while pursuing opportunities for economic and non-economic gains.