Entrepreneurship & Sustainable Development

1. Climate Change Effects for Entrepreneurs

1.1. CLIMATE CHANGE

1.1.1. Human activity that alters the composition of the global atmosphere

1.1.2. Causes increased disruption and instability, affects millions of people

1.1.3. see p.69 Figure 3.3

1.1.4. GLOBAL WARMING EFFECTS ON THE ECONOMY (KIRIBATI) p. 67 - 68

1.2. POPULATION

1.2.1. Exponential increase in population due to the Industrial Revolution (around 1800 onwards)

1.2.2. Populous countries have high entrepreneurial activity but many are called **NECESSITY ENTREPRENEURS** - they launch businesses because they have no alternative.

1.2.3. Opportunities in Crisis

1.2.3.1. Entrepreneurial opportunities due to overpopulation

1.2.3.2. New node

1.2.3.3. Opportunities arising from the ageing population

1.2.3.4. TOIL-O-PRENEURS IN INDIA p. 72

1.3. WATER

1.3.1. Hydropreneurs

1.3.1.1. Small-scale water providers

1.3.1.2. filling the void left by the formal water sector

1.3.1.3. HYDROPRENEURS p. 73 - 74

2. Planet is suffering

2.1. Climate Change, CFC, Acid Rain, etc

2.2. Forest Fires in Indonesia

2.2.1. Due to palm oil production

2.2.2. enterprise vs. environmental disaster

2.3. Economic growth and entrepreneurial activity

3. Finding a Pathway to your Climate-resilient future

3.1. this logic shows entrepreneurship can seize the opportunity towards climate-resilient pathways.

3.2. check p.66 Figure 3.2

3.3. Multiple Stressors -> Opportunity Space -> Decision Points through adaptation and mitigation

4. Entrepreneurship in Times of Crisis

4.1. **CRISIS** in Chinese = danger + opportunity (former pres. JFK)

4.2. entrepreneurial organization

4.2.1. engine of job growth and create more jobs than large organizations

4.3. **global financial crisis**

4.3.1. instead of being interrupted by GFC, there was an increase in sustainability-related programs as part of economic reform agendas

4.3.2. Essentially, crisis only caused a spur in economic and entrepreneurial activity

4.3.3. refer to p.64 for scenarios