| Issue |
BIO Web Conf.
Volume 140, 2024
International Scientific and Practical Conference “Sustainable Development of the Environment and Agricultural Sector: Innovative and Ecological Technologies” (SDEA2024)
|
|
|---|---|---|
| Article Number | 02004 | |
| Number of page(s) | 5 | |
| Section | Conservation of Biodiversity, Effective Management of Ecosystems and Environmental Management as of the Directions of Ensuring Sustainable Development | |
| DOI | https://doi.org/10.1051/bioconf/202414002004 | |
| Published online | 15 November 2024 | |
The impact of environmental innovation on the sustainable development of small enterprises
1 Kadyrov Chechen State University, Grozny, Russia
2 Grozny State Oil Technical University, Grozny, Russia
3 Kazan State Agrarian University, Kazan, Russia
* Corresponding author: sazihas@mail.ru
Small and Medium Enterprises (SMEs) play a crucial role in driving economic growth by not only enhancing economic activities but also promoting equitable development and providing employment opportunities with lower capital needs. Business sustainability requires SMEs to assess themselves, identify improvement opportunities, leverage their strengths, and devise strategies for future organizational development. In India, SMEs often encounter difficulties and may become unsustainable or even cease operations due to factors such as poor management and a shortsighted approach. Therefore, the primary objective of this chapter is to explore whether adopting sustainable models can help SMEs innovate and thrive. This paper aims to discuss various sustainable concepts prevalent in the knowledge world, emphasizing the need and importance of adopting sustainable and innovative approaches for sustained success. Specifically, it seeks to address questions such as: What constitutes innovation for SMEs? How can innovation in SMEs drive growth and sustainability?
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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