How can entrepreneurs balance achieving economic profitability with adhering to environmental and social sustainability principles in the face of global economic challenges?

Details of the Problem:

Profitability vs. Responsibility: Can sustainability be a financial burden for startups, or is it an opportunity to enhance competitiveness?

Funding Challenges: How can sufficient funding be secured for sustainable projects that may require long-term investments?

Community Awareness: Do customers and investors recognize the value of sustainable products or services compared to cheaper traditional alternatives?

Laws and Policies: Do government policies support sustainable entrepreneurship, or do they pose additional challenges through regulatory requirements?

Importance of the Problem:

Highlights the need to understand the relationship between innovation and sustainability to balance profit and responsibility.

Sheds light on the obstacles entrepreneurs face when integrating sustainability into their business models, contributing to the development of supportive solutions and policies.