Title: Social justice, entrepreneurship and innovation

Authors: Inmaculada Carrasco-Monteagudo; Inmaculada Buendía-Martínez

Addresses: Economic Policy Unit, Faculty of Economy and Business, University of Castilla-La Mancha, Plaza de la Universidad, 1, 02071 Albacete, Spain ' Economic Policy Unit, Faculty of Social Sciences, University of Castilla-La Mancha, Avda. de los Alfares, 44, 16071 Cuenca, Spain

Abstract: The negative effects of globalisation on rights, opportunities and living conditions have led to the emergence of social justice as a new framework for a social- and market-oriented system of values. Achieving sustainable globalisation requires a rejuvenation of entrepreneurial activity and innovation based on a better understanding of the impact of social context. Considering social justice as a key part of the social context where organisations operate, the aim of this paper is to study the relationship among social justice, entrepreneurship and innovation. We carry out an empirical study using the partial least squares technique, based on data from the OECD countries. The results confirm the importance of social justice as a part of the institutional environment that influences innovation and entrepreneurship.

Keywords: entrepreneurship; social justice; innovation; social context; institutional environment; political process; PLS; partial least squares; OECD countries; economic effects; values; sustainable globalisation; entrepreneurial activities; rights; opportunities; living conditions.

DOI: 10.1504/EJIM.2015.071546

European Journal of International Management, 2015 Vol.9 No.5, pp.635 - 647

Received: 17 Jul 2014
Accepted: 28 Jul 2014

Published online: 31 Aug 2015 *

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