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News
October 8, 2026
HSE Experts Take Part in 23rd Annual Meeting of Valdai Discussion Club
The 23rd Annual Meeting of the Valdai Discussion Club was held from September 28 to October 1, 2026 under the theme ‘Responsibility for the Future: Limits of the Possible, or Limitless Possibilities?’ The forum brought together 120 experts from 40 countries, including representatives of China, the United States, India, Brazil, the United Kingdom, Germany, Egypt, Iran, and Japan.
October 7, 2026
‘Our Team Consists of True Leaders in Their Respective Academic Disciplines
The HSE International Centre of Decision Choice and Analysis studies a wide range of methods for analysing decision-making and possible scenarios for the development of natural, socio-economic, and political phenomena using various mathematical models. The application of advanced mathematical methods to forecasting helps to prevent negative outcomes and avoid erroneous decisions. The HSE News Service spoke to the centre’s director, Prof. Fuad Aleskerov, about its work.
October 6, 2026
International N5 Symposium ‘Neural Networks and Nonlinearity in Nizhny Novgorod Brings Together Scientists from Russia and Serbia
The International N5 Symposium ‘Neural Networks and Nonlinearity in Nizhny Novgorod’ was held at the Nizhny Novgorod House of Scientists from September 23 to 26. The event was organised by HSE University–Nizhny Novgorod and the Nizhny Novgorod House of Scientists, with the participation of Sberbank and the Institute of Physics Belgrade. The symposium was held for the second time: the first conference took place in 2025 and attracted considerable interest from the academic community.

 

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Boosting circular economy via the b-corporation roads. The effect of the entrepreneurial culture and exogenous factors on sustainability performance

International Entrepreneurship and Management Journal. 2023. Vol. 19. P. 523–561.
Boffa D., Prencipe A., Papa A., Corsi C., Sorrentino M.

The study aims to analyze the role of informal institutions of Circular Economy (CE) as exogenous factors of improving the effectiveness of Benefit Corporation’ model. In detail, leveraging on the institution theoretical framework, it hypothesized that the level of entrepreneurial culture linked to CE at national level has a positive effect on the sustainability performance towards CE of Benefit Corporations. To this end, a sample of 301 Certified Benefit Corporations collected from the B-Lab dataset for the period 2008–2016 and located in eight European countries (Belgium, Denmark, France, Germany, Italy, Netherlands, Spain, United Kingdom) has been analysed. The findings show that the informal institutions englobed in the cultural dimensions of a country, with specific regard to the role of the entrepreneurial culture related to the CE, seems to actively stimulates the sustainability performance of Benefit Corporations towards CE, as measured through the B-Impact Assessment Score of the operated by B-Lab.

The study provides some important implications for theory and practice. Indeed, it contributes to the literature on institutional theory applied to CE, revealing the effective role of informal institutions for the development of circularity and sustainability performance at firm level in the entrepreneurial ecosystem. Also, the full achievement of the sustainability goals of Benefit Corporations passes also through their strongly commitment towards the CE principles. Further, the incorporation of a culture characterized by high entrepreneurial principles towards CE will likely push individuals to build an entrepreneurial mindset for the effective and sustainable development of Benefit Corporations.

Research target: Economics and Management
Language: English
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Keywords: entrepreneurial culturehybrid organizationsustainability performancecircular economybenefit corporation
Publication based on the results of:
Identification of science frontiers that represents the most significant topics of the global scientific and technological agenda (Identification and prioritization of promising S&T areas for a new model of Russian S&T complex management) (2023)
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