Evaluating the Transformative Influence of Green Startups on Sustainable Development in Developing Economies

Purpose The purpose of this paper is to understand the significance and scope of green startups in Pakistan. Moreover, this study also aimed to widen the spectrum of research to assess the linkage between green innovation in developing sides of Asia and customer preference. Methodology This s...

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Main Author: Muhammad Faisal Sultan
Format: Article
Language:English
Published: BMER Consultancy 2024-01-01
Series:Reviews of Management Sciences
Subjects:
Online Access:https://rmsjournal.com/index.php/admin/article/view/235
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author Muhammad Faisal Sultan
author_facet Muhammad Faisal Sultan
author_sort Muhammad Faisal Sultan
collection DOAJ
description Purpose The purpose of this paper is to understand the significance and scope of green startups in Pakistan. Moreover, this study also aimed to widen the spectrum of research to assess the linkage between green innovation in developing sides of Asia and customer preference. Methodology This study used a qualitative approach to gain a deeper understanding. The purposive sampling was used and the collected from well-known social entrepreneurs in Karachi. Thematic analysis was the main technique used for the data analysis. Findings The findings of this study confirm that green startups have a significant role in the environmental and economic development of the country. However, there is a need to improve operations required for product development, quality of products, customer awareness, and customer persuasion. Conclusion The study concluded that green startups are beneficial for improving environmental as well as economic conditions. Hence, the significance of these startups is very high for developed as well as developing economies of the world. The development of these forms of startups may yield individual, societal, and communal goals.
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spelling doaj.art-ac41865cb4994000941a2295340e5f032024-01-11T21:10:04ZengBMER ConsultancyReviews of Management Sciences2709-96012709-961X2024-01-0152Evaluating the Transformative Influence of Green Startups on Sustainable Development in Developing EconomiesMuhammad Faisal Sultan0KASBIT & KUBS-UoK Purpose The purpose of this paper is to understand the significance and scope of green startups in Pakistan. Moreover, this study also aimed to widen the spectrum of research to assess the linkage between green innovation in developing sides of Asia and customer preference. Methodology This study used a qualitative approach to gain a deeper understanding. The purposive sampling was used and the collected from well-known social entrepreneurs in Karachi. Thematic analysis was the main technique used for the data analysis. Findings The findings of this study confirm that green startups have a significant role in the environmental and economic development of the country. However, there is a need to improve operations required for product development, quality of products, customer awareness, and customer persuasion. Conclusion The study concluded that green startups are beneficial for improving environmental as well as economic conditions. Hence, the significance of these startups is very high for developed as well as developing economies of the world. The development of these forms of startups may yield individual, societal, and communal goals. https://rmsjournal.com/index.php/admin/article/view/235Green InnovationGreen EntrepreneurshipSMEsStartupsEnvironmental SustainabilityCost of Production
spellingShingle Muhammad Faisal Sultan
Evaluating the Transformative Influence of Green Startups on Sustainable Development in Developing Economies
Reviews of Management Sciences
Green Innovation
Green Entrepreneurship
SMEs
Startups
Environmental Sustainability
Cost of Production
title Evaluating the Transformative Influence of Green Startups on Sustainable Development in Developing Economies
title_full Evaluating the Transformative Influence of Green Startups on Sustainable Development in Developing Economies
title_fullStr Evaluating the Transformative Influence of Green Startups on Sustainable Development in Developing Economies
title_full_unstemmed Evaluating the Transformative Influence of Green Startups on Sustainable Development in Developing Economies
title_short Evaluating the Transformative Influence of Green Startups on Sustainable Development in Developing Economies
title_sort evaluating the transformative influence of green startups on sustainable development in developing economies
topic Green Innovation
Green Entrepreneurship
SMEs
Startups
Environmental Sustainability
Cost of Production
url https://rmsjournal.com/index.php/admin/article/view/235
work_keys_str_mv AT muhammadfaisalsultan evaluatingthetransformativeinfluenceofgreenstartupsonsustainabledevelopmentindevelopingeconomies