WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 22, 2025
A Sustainable Cultural Entrepreneurship of Lesvos:
Long-Term Development based on the Island’s Competitive Features
Authors: , , , , ,
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Abstract: This study explores cultural entrepreneurship in Lesvos, a Greek island with a significant cultural rich, and the perspective for cultural entrepreneurship is such isolated geographical areas to grow and lead a further economic, social, and cultural bloom. The study focuses on quantitative research to analyze local perceptions, willingness to invest in cultural business, and the way that cultural entrepreneurship enforces social cohesion and regional identity. The results indicate that such cultural entrepreneurship forms an added economic branch, which, despite its positive impact, is subjected to seasonality challenges, funding limitations, and infrastructural constraints. A connection between annual income per person and cultural activities is also found, while also the article also focuses on actions that may sustain cultural entrepreneurship, involving other stakeholders.
Keywords:
cultural entrepreneurship, Lesvos, sustainable economic development, tradition, competitive features, social cohesion, innovation, isolated islands
Pages: 2456-2470
DOI: 10.37394/23207.2025.22.193