What is Ecopreneurship Discuss the benefits that companies can gain Essay

What is Ecopreneurship Discuss the benefits that companies can gain from applying this business model with reference to relevant examples - Essay Example Ecoprenuership was able to recognize environmental challenge and sustainable options for business opportunity. Over the past decade it is evidently shown that growth cannot go into the preservation of nature which we can feel its hazardous affects to the nature. We are suffocating to the high level of pollution and suffering from different kind of unpredictable and abnormal weather phenomenon. We can feel the loss of biodiversity thru the increasing downfall production of goods. Many of the productive land shifted to commercial use, and unable to utilize for the food production supply because of major human activities but sooner turned into land degradation. We tend to have climate change which effect on the earth’s stored ice in the north and south part gradually melting and resulting to rising sea level, unexplainable huge floods in low lands, excessive rain fall, and stronger typical cyclone. The worst changes effect we have in this present time is greenhouse effect making earth’s temperature hotter and hotter. Sustainable development seeks more opportunity and overcome challenges to the said outcome in the community, people, and nations. A universal agreement made a little headway addressing the environmental problem, market demands, and innovation technology. On the other hand, entrepreneur play crucial role for identifying opportunity for the people digging out new technology into commercial use. Therefore global business leaders are formed to resolve the conflicts between business and economic goals thru ecopreneurship and bring out sustainability. The adaptation of entrepreneurial management to conceptual framework of green environment, and/or sustainable oriented management practices can stress out the values of regional economy as well as the social system balancing profits and ecological environment objectives. Predominance of any entrepreneurial behavior generating and enhancing economic