Scaling green ventures in Germany: exploring the entrepreneurial ecosystem

Abstract

This research examines the scalability of Green Ventures (GVs) in Germany by analyzing the interrelationship between organizational challenges, venture capital perspectives, and the broader entrepreneurial ecosystem. Through a comprehensive literature review and seventeen semi-structured interviews with senior managers, venture capitalists, and industry experts, the study highlights the critical role of three key stakeholders. Based on these findings, the Stake holder Influence on Green Venture Scalability (SIGVS) framework is introduced, underscoring the pivotal role of founders, venture capitalists, and policymakers and their dynamic interactions that impact the scalability of GVs. This study advocates for targeted interventions and enhanced collaboration among these essential stakeholders to foster a supportive entrepreneurial ecosystem and facilitate the growth of GVs.