Government, Public Policy, and Sustainable Business
Completion requirements
Read this chapter to find out more about the interplay between individuals, organizations, and governments in shaping public policy.
How are policies influenced? What factors affect the policy-making process? How does public policy affect innovation and sustainability practices?
3.1 Factors That Influence Public Policy
Economic Conditions
Economic conditions also significantly affect the policy environment and operating context for businesses. The Great Recession at the end of the first decade of the twenty-first century enhanced interest and support for public investments and incentives (including in energy efficiency and renewable energy) that could help to create jobs.