Ecopreneurship is a term coined to represent the process of principles of entrepreneurship being applied to create businesses that solve environmental problems or operate sustainably.
[2] This is in contrast to a linear thinking model, which would isolate a problem and study only its directly related processes to find solutions.
Taking a systems perspective reminds us that we are accustomed to thinking of business in terms of discrete units with clear boundaries between them.
Product design incorporating sustainability can happen at any stage of the business, including material extraction, logistics, the manufacturing process, disposal, etc.
It takes into account the socio-economic circumstances of the company and the opportunity for the firm to address social problems associated with poverty, safety, inequity, health and the working environment.
The most widespread examples of this are the creation of solar panels and hybrid cars in order to decrease dependency on fossil fuels.
Bio-mimicry (or Biomimetics) is a term created by American biophysicist Otto Schmitt that refers to recreating the solutions for problems found in nature.