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Paper ID:IJSREM66904

Sustainable Green Entrepreneurship in Emerging Markets: The Role of Green Product Innovation

Stream/Area:

-

Subject:

-

Paper ID:

IJSREM66904

Volume:

10 |

8 |

Aug 2026

Pages:

1-10

Publication Frequency:

Monthly (12 issues per year)

DOI
Digital Object Identifier
10.55041/IJSREM66904

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

DNP

Dr. NAGARAJA POOJARI

Dept. of Economics and Rural Development

Sri Dharmasthala Manjunatheshwara College (Autonomous), Ujire

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Abstract

Green product entrepreneurship is gaining prominence as a sustainable solution to environmental challenges in emerging economies. This study explores the key drivers and barriers influencing the development and growth of green entrepreneurship, with a particular focus on green finance, economic policies, market strategies, technologies, and socio-cultural factors. It aims to identify how these elements promote or hinder green product-based ventures and assesses their overall impact on environmental, social, and economic sustainability. The research also examines the interplay between drivers and barriers, evaluating how their convergence affects the scalability and long-term success of green entrepreneurship initiatives. Hypothesis testing reveals a positive relationship between the drivers and barriers, affirming their joint influence on green entrepreneurship. However, findings also indicate that institutional support systems expected to facilitate this transition are not responding adequately. Based on the insights, the study offers strategic recommendations for policymakers, institutions, and entrepreneurs to foster a more supportive ecosystem for sustainable green entrepreneurship.

KEYWORDS

Green Product Entrepreneurship environmental sustainability Barriers

Cite This Article

Dr. NAGARAJA POOJARI, "Sustainable Green Entrepreneurship in Emerging Markets: The Role of Green Product Innovation," International Journal of Scientific Research in Engineering and Management, vol. 10, no. 8, pp. 1-10, Aug 2026. https://doi.org/10.55041/IJSREM66904

Full Article/Conclusion

There is no significant positive interplay between the identified drivers and barriers; thus, current conditions are hindering the growth of green entrepreneurship. Moreover, non-green practices have not meaningfully contributed to the shift toward sustainable, profitable green entrepreneurship. For effective transition, barriers must be actively addressed and drivers strategically strengthened.  

References

·             Mathur, S., & Tandon, N. (2016). Green entrepreneurship: The emerging paradigm for sustainable growth and development in India—a study of the millennials. Indian Journal of Science and Technology, 9(45), 1–11. https://doi.org/10.17485/ijst/2016/v9i45/106753 rrjiks.co.in+5indjst.org+5mendeley.com+5 ·             Rajkamal, S. V., Senthil Velmurugan, J., & Suryakumar, M. (2022). Green entrepreneurs: Challenges and innovation: The struggles they face. International Journal of Professional Business Review, 7(2), Article e0482. https://doi.org/10.26668/businessreview/2022.v7i2.482 ·             Dr. Pooja. (2023). Challenges and trends of green entrepreneurship. International Journal of Management. https://www.managejournal.com/assets/archives/2023/vol9issue2/9031-541.pdf ·              Rajkamal S.V. (2021.). Green entrepreneurs: Challenges and innovation. Dialnet. https://dialnet.unirioja.es/descarga/articulo/8605497.pdf ·             Sanjeela Mathur. (2023.). Green entrepreneurship: The emerging paradigm for sustainable development. Indian Journal of Science and Technology. https://indjst.org/download-article.php?Article_Unique_Id=INDJST10145&Full_Text_Pdf_Download=True ·             Mkhonza, B. (2019). The barriers to green entrepreneurship in developing countries [Master's dissertation, University of Pretoria]. https://repository.up.ac.za/bitstream/handle/2263/68895/Mkhonza_Barriers_2019.pdf ·             Junia A. (2021). What are the drivers and barriers for green business practice? Environmental Systems and Decisions. https://link.springer.com/article/10.1007/s10669-021-09821-3 ·             Junia A Purwandani  . (2021). What are the drivers and barriers for green business? PubMed Central. https://pmc.ncbi.nlm.nih.gov/articles/PMC8208768/ ·             M. Kavya, S. (2021.). A study on green entrepreneurship: Challenges and opportunities. International Journal of Advanced Research in Science, Communication and Technology. https://ijarsct.co.in/Paper7311.pdf ·             Youth Business International. (2022.). Green & social small and medium enterprises on global challenges. https://youthbusiness.org/blog/news/smes-global-challenge/ ·             Poojari, N. (2024). The analysis of the impact of soil health and land fertility through green manuring in organic farming. International Journal of Advanced Research in Science, Communication and Technology (IJARSCT), 4(2). https://doi.org/10.48175/IJARSCT-23017 ·             Poojari, N. (2024). Role of organic products for achieving a sustainable green economy. International Journal of Advanced Research in Science, Communication and Technology (IJARSCT), 4(1). https://doi.org/10.48175/IJARSCT-22660

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Publication Date

8/24/2026

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Review Rounds: 2

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