Abstract
Entrepreneurship plays a pivotal role in economic development, and environmental factors significantly influence its growth and sustainability. This study investigates the interplay between environmental factors—both external and internal—and their impact on business entrepreneurship. Key external factors analyzed include economic conditions, government policies, technological advancements, market demand, and cultural attitudes, while internal factors encompass organizational resources, leadership, and innovation capacity. By employing a mixed-methods approach, including case studies and statistical analysis, the study identifies patterns and correlations that highlight how favorable environments foster entrepreneurial ventures, while adverse conditions pose challenges.
The findings underscore the importance of adaptive strategies, supportive policy frameworks, and community engagement in mitigating environmental barriers and enhancing entrepreneurial success. This research offers actionable insights for policymakers, entrepreneurs, and academics aiming to cultivate a resilient and dynamic entrepreneurial ecosystem.
REFERENCES
Shahzad, K., et al. (2021). The influence of personal and environmental factors on entrepreneurs' performance.
Guo, Q., & Wang, X. (2022). Environmental factors and entrepreneurship development in Nigeria. Journal of Sustainable Development in Africa, 13(4), 166–176.
Wei, X., et al. (2023). Environmental factors influencing technological entrepreneurship: Research framework and results. Procedia - Social and Behavioral Sciences.
Nguyen, D., et al. (2024). Entrepreneurship education as a strategy to build regional sustainability.