A more holistic paradigm on sustainable development
by Tom Coyle, Jane LeMaster
International Journal of Trade and Global Markets (IJTGM), Vol. 4, No. 3, 2011

Abstract: This paper suggests a more holistic paradigm on national sustainable development, linking together the three constructs of societal survivability, business capability and economic sustainability. Results support the superiority of the three-prong paradigm, and structural equation modelling shows that societal and business constructs are the predominant factors in promoting a country's sustainability. The contribution of this paper is relevant to literature on economic development and has timely real-world implications that could guide managers and policy-makers. This study is the first to suggest a new holistic development paradigm linking all three constructs in one model and, therefore, fills this literature gap.

Online publication date: Wed, 08-Apr-2015

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