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The Role of Innovation in Sustainable Entrepreneurship

Literature argues that innovation has an inherent and critical relevance in sustainable entrepreneurship (SE). However, due to the variety of innovation types and the broad spectrum covered by this concept, there is not a clear understanding of which roles innovation plays in SE. To address the limitations of current literature, the main objective of this chapter is to conduct a literature review on underlying the roles of innovation in SE. The literature analysis reveals seven different roles that innovation adopts in SE and that those have seldom been related to each other. This chapter closes this gap by discussing and suggesting an integrative and dynamic framework of how these roles possess parallel ways, superpose, and influence one another, suggesting that SE actually is about a multi-innovation implementation process. The Role of Innovation in Sustainable Entrepreneurship: A Holistic Framework