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This study examines the dynamics of sustainable economic growth in 15 developing Asian economies spanning from 2005 to 2020, utilizing the Cross-Sectional Augmented Autoregressive Distributed Lag technique. It highlights the significant role played by Small and Medium Enterprises (SMEs) in promoting green growth and emphasizes their crucial contribution to fostering environmentally conscious development. The findings indicate a positive relationship between SMEs’ numbers, revenues and green growth, underscoring their essential role in advancing environmental sustainability. The study also notes the limited impact of government-provided SME loans on green growth, suggesting a reassessment of loan programs. In contrast, the effects of Foreign Direct Investment absorption, electricity consumption and digital transformation on green growth vary, providing valuable policy insights. Particularly noteworthy is the significant influence of SMEs’ revenues, highlighting the importance of their financial success in promoting sustainable development. Recommendations include incentivizing Corporate Social Responsibility (CSR) initiatives to strengthen SMEs’ commitment to sustainability and formulating policies that incorporate emerging technologies such as cryptocurrency to enhance environmental responsibility.

This study examines the factors influencing environmental investment in Small- and Medium-sized Enterprises (SMEs) within the Chinese art industry, using data from 50 listed companies between 2015 and 2021. It analyzes the effects of carbon emissions, stock prices, workforce expansion and energy expenditure on environmental investment decisions. The results show a positive correlation between carbon emissions and environmental investment, where a 1% increase leads to short-term gains of 0.18% and long-term gains of 0.34%. Stock prices also have a significant impact, with a 1% increase resulting in short-term gains of 0.43% and long-term gains of 0.67%. In contrast, workforce expansion has a negative effect, with a 1% increase causing short-term reductions of 0.07% and long-term decreases of 0.12%. Higher energy expenditure encourages environmental investment, leading to short-term gains of 0.25% and long-term gains of 0.48%. Based on these findings, the study proposes practical policies for promoting green growth in China’s art industry SMEs, such as tax credits or subsidies for eco-friendly practices and technologies, and programs to raise awareness and provide training on sustainable practices.

This paper investigates the impact of digitalization on entrepreneurship capacity in developing economies using a sample of 20 countries from 2009 to 2021. Findings reveal a significant positive correlation between digitalization indicators, such as internet and mobile phone users, and entrepreneurship capacity, emphasizing digitalization’s role in enhancing communication, information dissemination and market access for entrepreneurs. However, factors like patent applications and trade liberalization show insignificant correlations with entrepreneurship empowerment. Additionally, higher inflation rates are associated with decreased entrepreneurship capacity, while urbanization emerges as a significant motivator. To foster entrepreneurship capacity for SMEs, governments should prioritize digitalization and ICT diffusion policies, promote digital literacy, support patent registration and develop smart cities to create conducive environments for entrepreneurial activities.

In the current digital age, technological innovation is rapidly transforming work methods and employee expectations for work–family balance. This study aims to explore how digital innovation, through Green Human Resource Practices (GHRPs) and Leader–Member Exchange (LMX), promotes sustainable transformation in small- and medium-sized enterprises (SMEs) while effectively supporting employees’ work–family balance. Using empirical analysis on 357 employees from 10 digitized SMEs, the study constructs a comprehensive model based on Resource Dependence Theory (RDT), Social Exchange Theory (SET) and Planned Change Theory (PCT). The findings reveal that digital innovation plays a critical role in adjusting work–family boundaries and enhancing employee satisfaction and organizational performance, with GHRPs and LMX serving as important mediators in this process. Additionally, the study emphasizes the key role of effective change management strategies in achieving sustainable organizational growth. This research provides a framework and strategies for SMEs to implement GHRPs in the digital context, helping to improve organizational performance and facilitate sustainable organizational transformation.