Master of Science (MS), Ohio University, 2020, Environmental Studies (Voinovich)
The depletion of natural resources as a byproduct of widespread, global economic growth has urged several entrepreneurs to think about the environment when starting or conducting business. However, several entrepreneurs and smaller-sized firms struggle with implementing environmentally conscious business practices, especially Small and Medium Enterprises (SMEs), which represent more than 95% of all private sector firms, and are, thus, worth studying in the context of environmental impacts. This research uses survey methods to assess and better comprehend the key drivers and barriers of green business practices by SMEs in the State of Ohio specifically. Results from this study show that a majority of the respondents reported that they have implemented green practices within their business. The two main drivers for engaging in those practices are internal motivations and the opportunity to obtain a better public image. However, respondents also mentioned a lack of capital as the central barrier to implementing green business practices. These results can be used by government and business actors, especially in Ohio, as a benchmark to consider better strategies for implementing green business techniques. Overall, this work helps to better discern best practices and ways to develop more prosperous SMEs without undermining the quality of the environment.
Committee: Gilbert Michaud (Committee Chair); Daniel Karney (Committee Member); Ana Rosado Feger (Committee Member)
Subjects: Business Community; Entrepreneurship; Environmental Economics; Environmental Studies; Public Administration; Sustainability