| Title | Competitive Advantage Establishment Through Sustainable Environmental Management and Green Entrepreneurship: A Proposed Differential Equations Framework |
|---|---|
| ID_Doc | 78225 |
| Authors | Skordoulis, M; Chalikias, M; Galatsidas, S; Arabatzis, G |
| Title | Competitive Advantage Establishment Through Sustainable Environmental Management and Green Entrepreneurship: A Proposed Differential Equations Framework |
| Year | 2019 |
| Published | |
| Abstract | Worrying phenomena connected to climate change need to be treated effectively as they can lead to negative consequences in peoples' lives. At the same time, as businesses are dominant forms of social organization, it can contribute to the forming of the natural environment. This interaction has led businesses to face a set of new challenges concerning environmental management. However, the effective response to these challenges is not just only an obligation for businesses; it can also lead them to the development of a competitive advantage as many researchers state. The aim of this paper is to propose the framework of applying operational research models in the creation of competitive advantage based on green entrepreneurship principles and the sustainable management of the environment. Such mathematical models are based on differential equations and were originally used to predict the outcome of battles. However, the similarity of business competition to battlefields has led to several applications of such models in business cases. |
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