Emerging economies face daunting economic development challenges. Economists and management consultants have generally suggested global solutions which typically focus solely on foreign direct investment. Yet a resource-based theory approach offers an alternative view that economic development...

How companies respond to impending regulations is a significant aspect of corporate strategy. Regulations, especially environmental regulations, are expanding quickly and are increasingly important to firm success. The threat of impending environmental regulation forces companies to choose...

While entrepreneurial activity has been an important force for social and ecological sustainability; its efficacy is dependent upon the nature of market incentives. This limitation is sometimes explained by the metaphor of the prisoner's dilemma, which we term the green prison. In this prison,...