Author Topic: Ecopreneurship: A new dimension of Entrepreneurship  (Read 86 times)

Offline Mrittika Shil

  • Full Member
  • ***
  • Posts: 203
  • Test
    • View Profile
Ecopreneurship: A new dimension of Entrepreneurship
« on: March 24, 2019, 05:09:08 PM »

"Ecopreneurs are entrepreneurs whose business efforts are not only driven by profit, but also by a concern for the environment. Ecopreneurship, also known as environmental entrepreneurship and eco-capitalism, is becoming more widespread as a new market-based approach to identifying opportunities for improving environmental quality and capitalizing upon them in the private sector for profit. "

Product design offers the opportunity to incorporate green and socially responsible attributes into a product. Referred to as Design for Sustainability (D4S), it is a process that addresses environmental and social considerations in the earliest stages of the product development process to minimize negative environmental and social impacts throughout the product's life cycle and to comply with the principles of economic, social and ecological sustainability.

Sustainable product design can encompass the selection of materials, use of resources, production requirements and planning for the final disposition (recycling, reuse, re-manufacturing, or disposal) of a product. It takes into account the socio-economic circumstances of the company and the opportunity for the firm to address social problems associated with poverty, safety, inequity, health and the working environment. It is not a stand-alone methodology but one that must be integrated with a company's existing product design so that environmental and social parameters can be integrated with traditional product attributes such as quality, cost, and functionality

Offline shafayet

  • Hero Member
  • *****
  • Posts: 1024
  • Test
    • View Profile
Re: Ecopreneurship: A new dimension of Entrepreneurship
« Reply #1 on: April 13, 2019, 02:56:15 AM »
Nice