Abstract
Eco-entrepreneurship is a topical issue in academic and professional literature over the past decade. In Africa, it is a relatively new concept fast gaining momentum with wide applicability and acceptance given its benefits in promoting consumer adoption of sustainable lifestyles, resilient environment, economic empowerment, and a win-win balance in the ecology and economy nexus. Amidst the growing impact of climate change and environmental degradation, eco-entrepreneurship has become a necessity, with emerging opportunities being in urban waste management, recycling, and renewable energy technologies. Regardless of the benefits of eco-entrepreneurship, regulatory and governance structures inform the viability of any initiatives. This chapter presents how political ecology structures intersect and impact eco-entrepreneurship in Africa. Given that nations' approaches can differ, this study provides a case study synthesis of two major African economies namely Nigeria and South Africa. The authors document the predominant political orientation and attitude toward ecoentrepreneurship. First, the authors argue that the political environment is indifferent to the potential of the eco-entrepreneurial framework, hence applying a one-size-fits-all approach. Second is that the attention to eco-entrepreneurship by policymakers is economically inclined, they focus mainly on economic growth opportunities; equally, that eco-entrepreneurship offers opportunities for the protection of social and environmental integrity cannot be ignored. Third, is the bandwagon effect associated with eco-entrepreneurship initiatives, where the need to align with international bodies and states drives a Eurocentric concern? The authors conclude that fostering enabling policy environment can help enhance the productivity of current eco-entrepreneurial initiatives as well as attract new ones needed to explore eco-entrepreneurship benefits.
| Original language | English |
|---|---|
| Title of host publication | Advances in the Study of Entrepreneurship, Innovation, and Economic Growth |
| Publisher | Emerald Publishing |
| Pages | 113-135 |
| Number of pages | 23 |
| DOIs | |
| Publication status | Published - 7 Jun 2024 |
Publication series
| Name | Advances in the Study of Entrepreneurship, Innovation, and Economic Growth |
|---|---|
| Volume | 30 |
| ISSN (Print) | 1048-4736 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 1 No Poverty
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SDG 7 Affordable and Clean Energy
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SDG 8 Decent Work and Economic Growth
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SDG 11 Sustainable Cities and Communities
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SDG 12 Responsible Consumption and Production
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SDG 13 Climate Action
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SDG 17 Partnerships for the Goals
Keywords
- Africa
- Climate change
- eco-entrepreneurship
- environmental degradation
- political ecology
- sustainable development
ASJC Scopus subject areas
- Business, Management and Accounting (miscellaneous)
- Finance
- Management of Technology and Innovation
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