Research

Peer-reviewed publications

Academic research underpinning The Impact Advantage methodology — sustainable entrepreneurship, impact finance, and green innovation across emerging markets.

Sustainable strategy · 2025 · Conceptual article · Ekonomický časopis / Journal of Economics

From Social Responsibility to Flourishing

The observation — Corporate social responsibility is routinely treated as a compliance requirement — separated from core strategy and disconnected from real value creation. What the article shows — A reframing that positions organisational flourishing as the integrative concept: ecological, social, and economic dimensions are not trade-offs but mutually reinforcing conditions of long-term resilience. What you take from it — A conceptual grounding for positioning impact not as a cost centre but as the structural foundation of a business model investors can credibly evaluate.

Sustainable finance · 2025 · Empirical article

Funding Sustainable Entrepreneurship

The observation — Sustainable ventures face systematic financing gaps that generic start-up finance instruments fail to close — impact profile, longer payback horizons, and blended-value structures are systematically mispriced or ignored by conventional capital providers. What the article shows — An empirical analysis of the actual fit between financing mechanisms and sustainability-driven ventures, drawing on data across European and international contexts. What you take from it — A practical map of which instruments — grants, impact bonds, patient equity, blended finance — genuinely match the stage, impact profile, and risk structure of your project.

Innovation for impact · 2024 · Empirical article

Sustainable Innovations for Rural Africa

The observation — Innovation frameworks developed for urban, high-connectivity contexts are systematically misapplied in rural African markets — producing technically valid solutions that do not survive contact with local distribution, governance, and infrastructure realities. What the article shows — How climate and social innovations can be structured for viability in resource-constrained environments, drawing on field research across sub-Saharan contexts. What you take from it — A grounded understanding of what building impact at the base of the pyramid actually requires — and an analytical lens that informs the programme's approach to international and emerging-market contexts.