20.500.12556/DKUM-92127 Entrepreneurial dynamism and sustainability unveiling Europe’s economic growth patterns through cluster analysis This paper highlights the complex relationship between entrepreneurship, sustainable development, and economic growth in 41 European countries, using a reliable K-Means cluster analysis. The research thoroughly evaluates three key factors: the SDG Index for sustainable development, GDP per capita for economic well-being, and the New Business Density Rate for entrepreneurial activity. Our methodology reveals three distinct narratives that embody varying degrees of economic vitality and sustainability. Cluster 1 comprises the financially stable and sustainability-oriented countries of Western and Northern Europe. Cluster 2 showcases the variegated economic and sustainability initiatives in Central and Southern Europe. Cluster 3 envelopes the economic titans with noteworthy business expansion but with the potential for better sustainable practices. The analysis reveals a favourable association between economic prosperity and sustainable development within clusters, although with nonlinear intricacies. The research concludes with a series of strategic imperatives specifically crafted for each cluster, promoting economic variation, increased sustainability, invention, and worldwide collaboration. The resulting findings highlight the crucial need for policy-making that considers the specific context and the potential for combined European resilience and sustainability. entrepreneurship sustainable development economic growth economic diversification policymaking European countries K-Means clustering true false true EnPress Publisher Angleški jezik Angleški jezik Znanstveno delo 2025-03-14 03:25:41 2025-07-02 09:18:56 2025-08-29 11:57:37 0000-00-00 00:00:00 2024 0 0 str. 1-22 iss. 6, article ID 3948 Vol. 8 2024 0000-00-00 Zaloznikova Objavljeno apc 2024-01-02 2024-01-23 2024-06-05 005.9 199381507 10.24294/jipd.v8i6.3948 2572-7931 https://systems.enpress-publisher.com/index.php/jipd/article/view/3948 1 a0427403-007b-11f0-9c63-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=189334 Entrepreneurial_dynamism_and_sustainability.pdf Entrepreneurial_dynamism_and_sustainability.pdf 1 51EB709E300EEFD80564007718C1FCD5 a94f467a5def03014b18dd8fa55a23e753caf1d6b139bf728e305fdaeef59dd0 c526ffec-5714-11f0-bb83-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=193096 Ekonomsko-poslovna fakulteta 0 0 0