Guest Editors

In facing the challenges of reducing detrimental environmental and societal impacts created by unsustainable business practices, the development of innovations and entrepreneurship for sustainability has gained special attention. They are recognized as the engine in the transformation of current business processes and key factors in creating sustainable prosperity (Hall et al. 2010). Either as a response to external pressures or as result of implementing values and principles, sustainability-oriented innovations and new ventures are changing the business environment. Businesses are more integrated with the world outside their boundaries, attending to the environmental, social and economic implications of their activities. Increasingly, firms and entrepreneurial individuals across the globe are adopting sustainable strategies and practices to retain their legitimacy and thrive within society and the economy. The triple bottom line of business sustainability is moving fast towards generating effective solutions – innovations and new ventures – that are not intended to minimizing negative externalities, but rather seek to co-create positive impacts for the society and the environment in the first place (Young and Tilley 2006)