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RESPONSIBLE ENTREPRENEURSHIP VISION DEVELOPMENT AND ETHICS

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384 <strong>RESPONSIBLE</strong> <strong>ENTREPRENEURSHIP</strong><br />

Thus, future start-ups have to take into consideration the greening of business in order to<br />

boost the value of the company and base the company’s strategy on the quintuple helix model<br />

goals. Besides, Canada, India and Europe, for instance, in the Asian countries this model has<br />

also been used in the economy in order to provide the development sustainably of business<br />

for environment purposes (Sindakis, 2015). Universities are core pillar because they provide<br />

the innovation required by companies in order to become green (Sindakis, 2015). As a result,<br />

the combination of ecology, society, government relations, industry and university are core<br />

aspects that entrepreneurs should take into consideration in order to develop a successful business<br />

model due to the requirements of today’s society and to this end, this paper argues for<br />

a core adoption for a quintuple helix approach when performing responsible entrepreneurship.<br />

Still, there is very little research about relating quintuple helix frameworks/co-creation<br />

towards supporting responsible entrepreneurship.<br />

Methodology<br />

As primary research aims, this paper undertook a survey with (responsible) entrepreneurs<br />

and assessed their awareness in relation to the quintuple helix framework as well as assessed<br />

the necessity and requirements of a working quintuple helix environment for responsible<br />

entrepreneurship. In order to achieve this lead researcher was in charge of conducting a survey<br />

as well as of processing the data for the use of the other co-authors. More specifically,<br />

for preparing the targeted respondents, an information sheet preceded the survey (in order to<br />

present the main questions that will be asked during the survey – as well as the ethical considerations<br />

and guidelines – data storage, data processing, duration of the survey, ability to<br />

quit at any point, acceptance of the data to be stores, acknowledgement that the info will be<br />

used for research purposes only, etc). Additionally, the respondent was asked to tick a consent<br />

form (based on the information sheet) before proceeding to the survey questions. The<br />

primary data (raw) are stored in a secure location within the department’s secured local ethics<br />

office and will be destroyed after 5 years. The lead researcher analysed, transcribed and<br />

anonymized then the raw data (ensuring that no private data is disclosed on the summary of<br />

the survey which was utilized during this research). The lead researcher undertook an ethics<br />

training under the EU & departmental standards. A departmental ethics approval was also<br />

performed on the intended survey questions and procedure (in order to ensure the ethical and<br />

unbiased nature of the content).<br />

In order to create the survey questions, a secondary research was performed towards identifying<br />

valid scientific constructs. The secondary research was based on academic databases<br />

(Scopus, EBSCO, Elsevier, Springer, etc.) as well as on policy and R&D) databases such as<br />

the EU CORDIS portal. No access to any personal data was interfere at this stage. The survey<br />

was created online (via Google Forms) and was disseminated to a probability sample of<br />

75 contacts. A valid response rate of 20 answers has been recorded (26% success rate). The<br />

findings of the surveys as well as the survey structure are presented in the next section.

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