The Entrepreneurial Toolkit for Sustainability: Skills, Strategies, & AI Integration
Conference paper
Sandland, S., Vaduva, A. and Coker, T. 2025. The Entrepreneurial Toolkit for Sustainability: Skills, Strategies, & AI Integration . PRME Chapter UK & Ireland Conference 2025. Queen's Business School, Belfast 18 - 19 Jun 2025
Authors | Sandland, S., Vaduva, A. and Coker, T. |
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Type | Conference paper |
Abstract | The imperative for sustainable action is no longer a matter of debate but an urgent necessity. Society can no longer afford to ignore the escalating environmental challenges that threaten the planet’s long-term viability. As early as 1989, William D. Ruckelshaus, the inaugural administrator of the United States Environmental Protection Agency, drew parallels between the transition to sustainability and the transformative Agricultural and Industrial Revolutions. He emphasized the critical need for a conscious, science-driven shift, a call that has only grown more urgent with each passing year. Today, the stark reality of our unsustainable consumption patterns is undeniable. The Global Footprint Network's 2022 report reveals that humanity's ecological footprint exceeds Earth's biocapacity by a staggering 1.75 times annually, indicating we are consuming resources at a rate far beyond the planet's regenerative capacity. Similarly, the seminal work "The Limits to Growth" (Meadows et al., 1972), which significantly influenced the Brundtland Commission's definition of sustainability, warned of impending ecological and societal crises. The 30-year update of this work further cautioned that without substantial changes, severe human distress could arise between 2030 and 2050. Despite these longstanding and increasingly dire warnings, the progress towards a sustainable future has been disappointingly slow. The environmental impact formula, I=PAT (Impact = Population × Affluence × Technology), which highlights the factors contributing to environmental degradation, has only seen a minor evolution to I=PAT-e (incorporating efficiency and waste mitigation). This limited advancement underscores the persistent tension between economic growth and environmental sustainability. While policymakers frequently champion initiatives like Net Zero by 2050 and the circular economy, these efforts often remain rhetorical, lacking the concrete action required for meaningful change. Government initiatives alone are insufficient to drive the necessary transformation. Businesses, particularly startups and small-to-medium enterprises (SMEs), must assume a leading role in sustainable innovation. However, these ventures face significant challenges. The high failure rate of startups, with over two-thirds failing to achieve profitability and three-quarters of acquisition-focused startups never reaching financial viability, highlights the inherent risks. These challenges stem from factors such as insufficient capital, inadequate market demand assessment, and recruitment difficulties. Similarly, intrapreneurship within established corporations often falters due to a lack of management buy-in, unrealistic expectations, and insufficient resourcing. This research aims to address these critical issues by examining the essential entrepreneurial skills required to foster sustainable business success. |
Keywords | Sustainable Entrepreneurship, Innovation, AI, Financial Management, Scalability, Circular Economy, Radical Innovation, Resilience, Strategic Thinking, Green Technologies. |
Year | 2025 |
Conference | PRME Chapter UK & Ireland Conference 2025 |
File | License File Access Level Anyone |
Publication process dates | |
Completed | 19 Jun 2025 |
Deposited | 26 Jun 2025 |
Web address (URL) | https://www.unprme.org.uk/2025-annual-conference |
Copyright holder | © 2025 The Authors |
https://repository.uel.ac.uk/item/8zw24
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