Notice of RetractionSustainable Environment Development and Entrepreneurship

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

This article proposes a new idea of entrepreneurship, which explains how entrepreneurship can help resolve the environmental problems of global socio-economic systems. Austrian theory of entrepreneurship suggests that market disequilibrium provides entrepreneurial opportunities. As a kind of market disequilibrium, environmental degradation, therefore, represents opportunities for environmental entrepreneurs. However, there is a series of barriers preventing the exploitation of such opportunities. This article will introduce how entrepreneurs can overcome barriers from asymmetrical and incomplete information as well as public goods to exploit entrepreneurial opportunities resulting from environmental degradation. This exploitation will decrease environmental degradation.