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BY-NC-ND 4.0 license Open Access Published by De Gruyter Open Access December 31, 2018

Oval-sustainability in Entrepreneurship

  • Maryna Pashkevych , Maryna Kharchenko EMAIL logo and Nataliia Shishkova
From the journal Open Economics


Although the sustainable development (SD) is associated with the triple balance of economic, social and environmental areas, we raised a question: whether it is an achievable goal for ordinary business units to develop sustainably. The theoretical research substantiates the contradictory essence of the SD in the context of entrepreneurship. Having employed the method of projection, we offered an advanced definition of the SD for an enterprise. Having applied the theory of the company life-cycle, we obtained stages of the enterprise’s SD. The method of typology analysis allowed distinguishing new types of the SD. By means of the cost-benefit analysis, the research reveals OVAL-sustainability as a function of two variables (cost and value).


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Received: 2018-06-14
Accepted: 2018-08-21
Published Online: 2018-12-31
Published in Print: 2018-12-01

© by Maryna Pashkevych, et al., published by De Gruyter

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

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