The Importance of Regulatory Support in the Promotion of Green Entrepreneurship

Abstract

The idea of green entrepreneurship has become increasingly popular as the globe struggles to address the problems caused by climate change and environmental deterioration. Green business owners are essential in creating novel solutions to environmental problems and promoting economic expansion. However, a favorable regulatory environment is crucial for the development of green entrepreneurship. In-depth research is presented in this article to examine the role that regulations have in encouraging and supporting green entrepreneurship. It examines different aspects of regulatory assistance, such as institutional processes, financial incentives, policy frameworks, and market rules. The results emphasize the crucial part that efficient regulatory assistance plays in hastening the shift to a green and sustainable economy.