How are the SMEs Committed to their Local Communities in the Term of Sustainability?

Abstract

Local communities play a crucial role in the entrepreneurship ecosystem. The role and massive influence of the local environment raise several questions. This paper aims to answer the following questions: (1) how and why the local communities affect SMEs’ sustainability, (2) which pillar of sustainability plays a stronger role in this matter, (3) which internal and external motivators drive a firm’s sustainability actions, and (4) whether company and personal characteristics have a significant effect on local patronage.

Keywords

• sustainability and responsibility
• entrepreneurship ecosystem model
• sme
• local environment
• q01
• q56
• m2
• l26