Climate Risk and Sustainable Entrepreneurial Adaptation
Evidence From Cross‐Country Microdata
Bibliographic Data
| ID | 21604802 |
|---|---|
| Authors | Nguyễn Thị Hoa Hồng (0000-0003-0648-0028, Financial Management–Statistics Analysis Department Faculty of Business Administration, Foreign Trade University Hanoi Vietnam, corresponding author), Hoang Minh Hieu (0009-0003-1533-5129, Faculty of Business Administration, Foreign Trad1e University Hanoi Vietnam), Nguyen Tien Dat (0009-0007-3576-8828, Faculty of Accounting and Auditing, Banking Academy of Vietnam Hanoi Vietnam) |
| Year | 2026 |
| Publication date | 2026-07-09 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Sustainable Development (JOURNAL) |
| Journal identifiers | ISSN: 0968-0802 • E-ISSN: 1099-1719 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/sd.71433 |
| OpenAlex | W7167812560 |
| Language | EN |
| References cited | 52 |
Climate change is reshaping entrepreneurial ecosystems, yet evidence on individual‐level sustainability‐oriented adaptation remains scarce. This study examines how multidimensional climate risk predicts Sustainable Entrepreneurial Adaptation (SEA) using cross‐country microdata. By focusing on individual decision‐makers, we address a critical gap in the micro‐foundations of climate resilience. We integrate Global Entrepreneurship Monitor data with country‐level indicators (CPRI, ND‐GAIN, and Global Climate Risk Index). Employing probabilistic classifiers, including Logistic Regression, Random Forest, XGBoost, and Deep ANN interpreted through SHAP and Partial Dependence Plots, we identify dominant predictors and nonlinear interaction patterns. Results show that physical climate risk and national adaptive readiness are primary predictors of SEA, alongside innovation and prosocial motivation. Notably, innovation and mission‐driven motivation mitigate the adverse effects of severe climate risk. The findings identify entrepreneurs as key agents of climate action, underscoring the importance of policy frameworks integrating climate risk, institutional context, and innovation support to achieve sustainable development goals
Climate change · Climate policy · Climate risk · Entrepreneurship · Global warming · Sustainable development · Corporate Social Responsibility Reporting · Energy, Environment, Economic Growth · Entrepreneurship Studies and Influences
An introduction to ROC analysis
Digital Sustainability and Entrepreneurship
Peeking Inside the Black Box
Everyday Entrepreneurship—A Call for Entrepreneurship Research to Embrace Entrepreneurial Diversity
The Precision-Recall Plot Is More Informative than the ROC Plot When Evaluating Binary Classifiers on Imbalanced Datasets
Sustainable Entrepreneurship Research
Smote
Institutions, Entrepreneurship, and Economic Growth
Visualizing the Effects of Predictor Variables in Black Box Supervised Learning Models
Startups in times of crisis – A rapid response to the Covid-19 pandemic
Strictly Proper Scoring Rules, Prediction, and Estimation
Socio-cognitive traits and entrepreneurship
Managing Legitimacy
Institutions, Institutional Change and Economic Performance
One size does not fit all
From climate facts to climate risks. How the IPCC treats risk and uncertainty
Configurations of sustainable development goals that promote sustainable entrepreneurship over time
Sustainable Entrepreneurship in Emergence
Climate Change 2022 - Impacts, Adaptation and Vulnerability
| Citation velocity | historical |
|---|---|
| Highly cited | No |