Innovation as a Catalyst

Author:

Aggarwal Kapil Kumar1ORCID,Kaur Rumit1,Mohan Arvind2ORCID,Kaur Ravneet3

Affiliation:

1. Chandigarh University, India

2. Graphic Era University, India

3. University School of Business, India

Abstract

This research examines innovation as a transformational force in sustainable entrepreneurship, revealing difficulties and potential. It emphasizes sustainability-focused entrepreneurs' obstacles and innovation's importance by analyzing literature, empirical studies, and real-world situations. The research finds potential in technology, teamwork, and changing consumer tastes but limitations in resource restrictions, regulatory complexity, and market dynamics. The report advises entrepreneurs and executives on sustainable innovation management. The complex relationship between innovation, problems, and possibilities is highlighted for practitioners, policymakers, and scholars. The report recommends a proactive, adaptable strategy that emphasizes innovation as a key driver of sustainable entrepreneurial value.

Publisher

IGI Global

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