Sustainable Development in the Digital Age of Entrepreneurship

Abstract

The purpose of this article is to present a research model that examines dependencies of how aspects of corporate social responsibility (CSR)—specifically, communication with stakeholders, knowledge management, and strategy—influence the building of a sustainable development model in enterprises. An instrument with four constructs (CSR-communication with stakeholders, CSR-knowledge management, CSR-strategy, and sustainable development) was prepared and served to entities from medium-sized enterprises. The collected data was analyzed by modeling the partial least squares structural equations using the least squares method. The results showed that all three constructs (CSR-communication with stakeholders, CSR-knowledge management, CSR-strategy) were positively and strongly associated with sustainable development model building in enterprises. The practical implications were intended to provide an understanding of behavior related to the development of business models oriented towards sustainable development in the small business sector. Research can help companies identify the advantages and disadvantages of retaining existing users and attracting new users by communicating with stakeholders, managing knowledge, and creating responsible strategies. This study enriches the literature by contributing to general knowledge about creating a model of sustainable development. Social reports on actions for sustainable development are of particular importance, and this topic is also important for the small and medium sized enterprises (SME) sector.

Development of Sustainable Business Models through Internal Partnerships Efforts to Expand Consumer Reach

“…Sustainable development is the process of realizing future development activities by utilizing human potential and skills which are coordinated/linked with natural resources (Stawicka, 2021). The main principle of sustainable development is to maintain the quality of life for all humans in the present without neglecting the quality of life for humans in the future in a sustainable manner.…”

Model for the Intent to Adopt Green IT in the Context of Organizations

“…In the environmental context, organizations involve corporate social responsibility processes in their business models [86], and some studies indicate that companies search for more cost-effectiveness, sustainability, and prestige [87]. In some cases, the improvement of the supply chain has been studied [76], and additional research has analyzed human resource motivation factors to be involved with their activities [88].…”

“…As part of the first motivational force, emphasis will be placed on internal business social responsibility (BSR) [88] and external [86], which should be fully identified and so-cialized in the organization as part of the value-generating political [76], and to motivate compromise and social consciousness as an answer after adopting GIT [95].…”

Social Responsibility: Opportunities for Integral Assessment and Analysis of Connections with Business Innovation

“…This is the dominant context of scientific study on social responsibility at the business level-corporate social responsibility (CSR) is perceived as a means of realizing the goals of sustainable development through their implementation in the strategy of enterprises. At the same time, in addition to the socially oriented studies of the responsible interaction of business and their stakeholders, the economic benefits, due to the increase in consumer awareness of corporate social responsibility, are well researched and confirmed [6][7][8][9]. There is no doubt today that a responsible business can be more successful than its purely economically motivated competitors.…”