ERIC Number: ED434220
Record Type: RIE
Publication Date: 1998-Dec-2
Merging Economic and Environmental Concerns through Ecopreneurship. Digest Number 98-8.
Ecopreneurs are entrepreneurs whose business efforts are not only driven by profit, but also by a concern for the environment. Ecopreneurship, also known as environmental entrepreneurship and eco-capitalism, is becoming more widespread as a new market-based approach to identifying opportunities for improving environmental quality and capitalizing upon them in the private sector for profit. It is defined as entrepreneurs using business tools to preserve open space, develop wildlife habitat, save endangered species, and improve environmental quality. Most ecopreneurial endeavors begin at the local level, addressing a community environmental problem or need. An example is the Theodore Roosevelt Memorial Ranch, which has a mission to foster peaceful and productive coexistence between wildlife and ranching. Another example is a Chamber of Commerce that has set up an operation to clean for free the paddlefish local fishermen catch in the Yellowstone River in return for the paddlefish eggs the fishermen had usually discarded and left to rot. Half of the proceeds from sale of the caviar go to fund community projects and half go to the state for paddlefish research and management. Examples of ecopreneurial tourism are the Fossil Rim Wildlife Center outside of Dallas, a for-profit corporation that provides a sanctuary for endangered animals that serve as the main attraction to tourists, and state parks that provide rental services and mail-order catalogs of novelty items. (Web sites for related organizations are summarized.) (YLB)
Descriptors: Adult Education, Business Administration Education, Conservation (Environment), Ecology, Economic Opportunities, Endangered Species, Entrepreneurship, Environmental Education, Free Enterprise System, Natural Resources, Tourism, Wildlife Management
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Publication Type: Information Analyses
Education Level: N/A
Authoring Institution: Ewing Marion Kauffman Foundation, Kansas City, MO. Center for Entrepreneurial Leadership.