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Academic Journal of Business & Management, 2023, 5(24); doi: 10.25236/AJBM.2023.052416.

Analysis of the Role of International Entrepreneurship in Sustainable Development and Social Innovation

Author(s)

Nana Huang, Yuyuan Yang

Corresponding Author:
Nana Huang
Affiliation(s)

Guangxi Normal University, Guilin, Guangxi, 541004, China

Abstract

International entrepreneurship refers to the process of carrying out innovative activities across national boundaries, which can not only promote economic growth and competitiveness, but also provide new ideas and programs for solving global social and environmental problems. From the perspective of sustainable development and social innovation, this paper analyses the role and mechanism of international entrepreneurship in promoting the realization of the global Sustainable Development Goals, as well as the challenges and opportunities faced by international entrepreneurship. This paper argues that international entrepreneurship can achieve value creation and sharing of the triple bottom line of economy, society and environment through transnational value networks, multi-stakeholder cooperation, responsible digital technology innovation, etc., promote the innovation and diffusion of sustainable business models, and contribute to global sustainable development. At the same time, this paper also points out that international entrepreneurship needs to deal with institutional differences, cultural differences, resource constraints and other issues in different countries and regions, as well as uncertainties and complexities in the context of globalization, and needs to use scientific and technological innovation and big data and other tools to improve the ability and efficiency of international entrepreneurship.

Keywords

International entrepreneurship, Sustainable development, Social innovation, Sustainable business model

Cite This Paper

Nana Huang, Yuyuan Yang. Analysis of the Role of International Entrepreneurship in Sustainable Development and Social Innovation. Academic Journal of Business & Management (2023) Vol. 5, Issue 24: 109-114. https://doi.org/10.25236/AJBM.2023.052416.

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