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Environment-friendly Practices in Entrepreneurship for Sustainable Development: Insights from a Qualitative Study
Dipto Ghosh & Dr. Md. Abdul Hamid

Department of Business Administration, Shahjalal University of Science and Technology, Sylhet
Email: mahamid-bus@sust.edu


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Abstract

Objective: This study aims to critically examine the key obstacles hindering the
implementation of environmentally sustainable entrepreneurial practices for
sustainable development in Sylhet, Bangladesh, to assess the alignment of
entrepreneurial initiatives with the Sustainable Development Goals (SDGs), and to
propose evidence-based, context-specific strategies for overcoming regional
challenges and fostering sustainable entrepreneurship.
Methodology: This research utilized a qualitative technique, comprising 25
in-depth interviews (IDIs) with local businesses and 5 key informant interviews
(KIIs) with policymakers and environmental specialists. Semi-structured
interviews were conducted to reveal stakeholders' opinions on the obstacles to
implementing sustainable practices.
Findings: Regulatory uncertainty, limited training opportunities, financial
constraints, and weak policy enforcement hinder the adoption of environmentally
sustainable practices, further compounded by cultural resistance and fragmented
policy coordination. The findings highlight a clear linkage between local
entrepreneurial challenges and the broader Sustainable Development Goals
(SDGs).
Originality/Value: The research offers new perspectives on the relationship
between entrepreneurship and sustainability in emerging economies. By
addressing region-specific difficulties, it underlines the important significance of
eco-friendly practices in attaining SDGs.
Practical Implications: The findings provide implementable suggestions for
politicians, non-governmental organizations, and industry players. Essential
methods encompass policy changes, capacity-building programs, community
involvement efforts, and enhanced cooperation among stakeholders to foster
sustainable entrepreneurship.
Limitations: This study is confined to the Sylhet area, which may restrict the
generalizability of the results. Subsequent research may broaden the scope to
encompass comparison analysis across areas and employ mixed-method
techniques for improved validation.
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