Entrepreneurial Intention, Growth and Sustainability Among Professional Service Firms: A General Overview

Abstract

In recent years, the fast-paced shifts in business environments, classified by technological refinements, evolving market demands, and internationalization, have highlighted the growing importance of entrepreneurship as an essential principle for economic competitiveness, evolution, and sustainability. At its core, entrepreneurship has become a basis for sparking innovation and developing new career opportunities while addressing the evolving challenges in today's dynamic markets. In this context, entrepreneurial intention serves as a core aspect in establishing, developing, and sustaining businesses, especially in professional service firms, which are paramount in the contemporary era, as they contribute to the development of global service economies. This paper delves into the intricate associations between entrepreneurial intention, business growth, and long-term sustainability, with a primary focus on professional service entrepreneurs. Nevertheless, the expedition from entrepreneurial intention to sustainable development is intricate and full of challenges; subsequently, this paper highlights the pressing need to incorporate sustainability into entrepreneurial strategies by embracing techniques that balance short-term profitability with long-term stability by considering environmental, social, and economic facets. Therefore, this paper proposes invaluable insights in an effort to cultivate an entrepreneurial system that mainly advocates sustainable economic advancement while addressing the intricacies of a rapidly evolving global landscape.