Search

In terms of supporting the development of green economy, it is important to understand the role of environment in stimulating its development. The results of an empirical study conducted in 2017 on a randomly selected sample of 578 enterprises of the SME sector, directly related to green economy, indicated that not only macroenvironment (the policy pursued, the creation of global institutional solutions supporting the development of resource-efficient technologies) but also meso- and microenvironment affected the development of green economy. A major role in this regard is served by the activity of local government units and by the activities of non-governmental organisations that form the institutional environment of enterprises. These institutions have tools and instruments, which they can use to stimulate the process of “greening” of the local economy. [ABSTRACT FROM AUTHOR]