Upper echelon theory versus dynamic capabilities theory for current sustainability entrepreneurs

Abstract

The absence of suitable theories to explain the context of sustainability entrepreneurs is a significant weakness. The study aimed to assess the applicability of Upper Echelon Theory (UET) and Dynamic Capabilities Theory (DCT) in the context of sustainability entrepreneurship. Conducted through qualitative research techniques, it analysed literature to gauge the practical relevance of both theories for sustainability entrepreneurs. Findings suggest that both UET and DCT possess dynamic qualities conducive to addressing contemporary challenges, thereby supporting business sustainability. The study advocates for the adoption of these theories in sustainability entrepreneurship backing, potentially enhancing management practices. Despite its contributions, the study acknowledges limitations, suggesting further exploration of additional theories to enrich understanding and application in the field. Overall, it offers valuable insights for academics, professionals, and stakeholders involved in sustainability entrepreneurship, augmenting the existing body of knowledge and highlighting avenues for future research.