THE ROLE OF ENTREPRENEURSHIP IN ACHIEVING SUSTAINABLE DEVELOPMENT GOALS (AN EXAMPLE FROM EASTERN EUROPEAN COUNTRIES)

Abstract

Entrepreneurship has had an indecisive role due to its effects in enhancing living standards for usual people, exploiting opportunities in undiscovered areas, improving sustainability in all fields, and encouraging the process of innovation. In this sense, entrepreneurship plays an important role in achieving the Sustainable Development Goals of the United Nations (UNSDGs-2030). The main goal of this research is to study the role of entrepreneurship in achieving sustainable development goals through conducting a qualitative method. Granger causality test was used for selected Eastern European countries (2006 – 2016), data were collected from Global Entrepreneur Monitor and World development indicators. The study concluded through Granger’s causality that entrepreneurship causes human development and therefore affects the economic and social dimensions of Sustainable Development. Entrepreneurship is one of the causes of economic growth, and the relationship between entrepreneurship and the extent to which environmental quality is achieved is moving from the environmental dimension to Entrepreneurship.