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Area 5 focuses on the regional and local dimensions of the new European path to socio-ecological transition. Its central assumption is that any strategy developed to enhance a socio-ecological transition is unlikely to yield strong results unless the resources of regional and local actors are...
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Traditional economic theory describes economic agents as being perfectly rational. According to this approach, agents posses all necessary information and have the ability to process this information to make the best decision for maximizing their profit. However, in the real world this...
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Imagination is more important than knowledge, but if intellect does not provide the needed logical structures, capacities for envisioning new possibilities are overly constrained. The sustainability problems we face today cannot be solved with the same kind of thinking that created them, but...
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innovation solutions required for the current, pressing sustainability challenges that society faces. This study provides the …
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The present study captures the essential role of environmental and social innovation driving success of entrepreneurs … foster innovation which is crucial for sustainability and competitive advantage. Therefore, it is imperative to assess the … social innovation focusing on societal needs; environmental innovation emphasizing on environmentally friendly practices …
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