BUSINESS SUSTAINABILITY PRACTICES IN MICRO AND SMALL ENTERPRISES: A SYSTEMATIC REVIEW

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Authors

Manuel Ernesto Becerra-Bizarrón, Juan Rodrigo Gomez Bernal 

Abstract

Micro and small enterprises (MSEs) are essential for economic and social development globally, as they represent a significant proportion of employment and production. Nonetheless, these enterprises confront substantial difficulties in incorporating sustainable practices, largely attributable to their limited financial resources and capacity, difficulties in accessing relevant information, scarcity of operational resources, and the lack of regulatory frameworks to facilitate their operations. The adoption of sustainable practices is presented as a viable strategy to improve both their competitiveness and profitability, while contributing to social and environmental well-being. For this reason, a systematic review was conducted to answer the question: What are the sustainability practices of micro and small enterprises? The objective was to compile the business sustainability practices that have been documented in MSEs. Bibliographic research was carried out in different databases of articles published between 2012 and 2023. The main results were presented through a qualitative systematic review. The studies carried out in MSEs from different sectors reported practices related to technological innovation, product innovation, strategic management, as well as economic, social and environmental aspects. Longitudinal studies are required to assess the long-term impact of sustainable practices on MSEs.

DOI

https://doi.org/10.31223/X5S71B

Subjects

Environmental Studies

Keywords

Sustainability practices, Micro and small enterprises, Technological and product innovation, Environmental impact

Dates

Published: 2024-10-08 08:07

Last Updated: 2024-10-08 12:07

License

CC BY Attribution 4.0 International

Additional Metadata

Data Availability (Reason not available):
NA

Conflict of interest statement:
We declare that there are no conflicts of interest related to this manuscript. Professionally, we are not affiliated with any organization or group that could benefit, either directly or indirectly, from the outcomes of this study. On a personal level, we do not have any relationships with the reviewers, editors, or any other individuals involved in the editorial process.