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An entrepreneurial model of economic and environmental co-evolution

Potts, Jason, Foster, John, & Straton, Anna (2010) An entrepreneurial model of economic and environmental co-evolution. Ecological Economics, 70(2), pp. 375-383.

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Abstract

A basic tenet of ecological economics is that economic growth and development are ultimately constrained by environmental carrying capacities. It is from this basis that notions of a sustainable economy and of sustainable economic development emerge to undergird the “standard model” of ecological economics. However, the belief in “hard” environmental constraints may be obscuring the important role of the entrepreneur in the co-evolution of economic and environmental relations, and hence limiting or distorting the analytic focus of ecological economics and the range of policy options that are considered for sustainable economic development. This paper outlines a co-evolutionary model of the dynamics of economic and ecological systems as connected by entrepreneurial behaviour. We then discuss some of the key analytic and policy implications.

Impact and interest:

7 citations in Scopus
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5 citations in Web of Science®

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ID Code: 42811
Item Type: Journal Article
Keywords: Economic evolution, Entrepreneurship, Sustainable economic growth
DOI: 10.1016/j.ecolecon.2010.09.009
ISSN: 0921-8009
Subjects: Australian and New Zealand Standard Research Classification > ENVIRONMENTAL SCIENCES (050000) > ENVIRONMENTAL SCIENCE AND MANAGEMENT (050200)
Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > OTHER ECONOMICS (149900)
Divisions: Past > Institutes > Institute for Creative Industries and Innovation
Deposited On: 13 Jul 2011 23:07
Last Modified: 03 Dec 2012 12:07

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