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The Well-Being of Future Generations Act (Wales, 2015): towards an ecosystem perspective

Beth Cummings Orcid Logo, Samantha Burvill Orcid Logo, Robert Bowen

Journal of Entrepreneurship and Public Policy

Swansea University Authors: Beth Cummings Orcid Logo, Samantha Burvill Orcid Logo

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DOI (Published version): https://doi.org/10.1108/JEPP-04-2024-0064

Abstract

PurposeRecent times have seen an increasing emphasis on sustainable development as a means of enacting positive regional change. There has also been an emergence in discussions around well-being and its role in promoting holistic sustainable development, such as in Wales through the Well-Being of Fu...

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Published in: Journal of Entrepreneurship and Public Policy
Published: 2024
URI: https://cronfa.swan.ac.uk/Record/cronfa68642
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last_indexed 2025-01-09T20:34:03Z
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spelling 2025-01-03T10:57:49.8755746 v2 68642 2025-01-03 The Well-Being of Future Generations Act (Wales, 2015): towards an ecosystem perspective 6e20933c8d9d5e7db1753c71eaca649c 0000-0002-0472-5936 Beth Cummings Beth Cummings true false bedfd86256ce4984ab246a3228bb1da2 0000-0003-4893-3371 Samantha Burvill Samantha Burvill true false 2025-01-03 CBAE PurposeRecent times have seen an increasing emphasis on sustainable development as a means of enacting positive regional change. There has also been an emergence in discussions around well-being and its role in promoting holistic sustainable development, such as in Wales through the Well-Being of Future Generations Act (Wales). This paper aims to investigate the role that the Well-Being of Future Generations Act (Wales) currently plays in the ecosystem across South West Wales and ways in which the Well-Being Act could be developed and implemented further.Design/methodology/approachThis qualitative research is based on seven semi-structured interviews conducted with participants drawn from a range of entrepreneurial ecosystem actors in South West Wales, UK. Interview data were analysed using thematic analysis, leading to the establishment of seven themes.FindingsThe findings suggest that there is passion and positivity around the Well-Being of Future Generations Act amongst ecosystem actors. However, policymakers need to consider how to extend the reach of the principles of the Well-Being of Future Generations Act beyond public bodies. This could be achieved through more effective communication of the values of the act and increased collaboration between various stakeholders.Originality/valueThe concept of well-being remains relatively new in the context of regional economic development and therefore requires closer investigation, particularly how this can be evaluated. Wales is one of three countries worldwide to implement well-being legislation, and there is a lack of research examining the implementation of the Well-Being Act, particularly from regional development and an entrepreneurial ecosystem perspective. Journal Article Journal of Entrepreneurship and Public Policy 31 12 2024 2024-12-31 https://doi.org/10.1108/JEPP-04-2024-0064 COLLEGE NANME Management School COLLEGE CODE CBAE Swansea University RWIF 2025-01-03T10:57:49.8755746 2025-01-03T10:54:24.9253248 Faculty of Humanities and Social Sciences School of Management - Business Management Beth Cummings 0000-0002-0472-5936 1 Samantha Burvill 0000-0003-4893-3371 2 Robert Bowen 3
title The Well-Being of Future Generations Act (Wales, 2015): towards an ecosystem perspective
spellingShingle The Well-Being of Future Generations Act (Wales, 2015): towards an ecosystem perspective
Beth Cummings
Samantha Burvill
title_short The Well-Being of Future Generations Act (Wales, 2015): towards an ecosystem perspective
title_full The Well-Being of Future Generations Act (Wales, 2015): towards an ecosystem perspective
title_fullStr The Well-Being of Future Generations Act (Wales, 2015): towards an ecosystem perspective
title_full_unstemmed The Well-Being of Future Generations Act (Wales, 2015): towards an ecosystem perspective
title_sort The Well-Being of Future Generations Act (Wales, 2015): towards an ecosystem perspective
author_id_str_mv 6e20933c8d9d5e7db1753c71eaca649c
bedfd86256ce4984ab246a3228bb1da2
author_id_fullname_str_mv 6e20933c8d9d5e7db1753c71eaca649c_***_Beth Cummings
bedfd86256ce4984ab246a3228bb1da2_***_Samantha Burvill
author Beth Cummings
Samantha Burvill
author2 Beth Cummings
Samantha Burvill
Robert Bowen
format Journal article
container_title Journal of Entrepreneurship and Public Policy
publishDate 2024
institution Swansea University
doi_str_mv https://doi.org/10.1108/JEPP-04-2024-0064
college_str Faculty of Humanities and Social Sciences
hierarchytype
hierarchy_top_id facultyofhumanitiesandsocialsciences
hierarchy_top_title Faculty of Humanities and Social Sciences
hierarchy_parent_id facultyofhumanitiesandsocialsciences
hierarchy_parent_title Faculty of Humanities and Social Sciences
department_str School of Management - Business Management{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Business Management
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active_str 0
description PurposeRecent times have seen an increasing emphasis on sustainable development as a means of enacting positive regional change. There has also been an emergence in discussions around well-being and its role in promoting holistic sustainable development, such as in Wales through the Well-Being of Future Generations Act (Wales). This paper aims to investigate the role that the Well-Being of Future Generations Act (Wales) currently plays in the ecosystem across South West Wales and ways in which the Well-Being Act could be developed and implemented further.Design/methodology/approachThis qualitative research is based on seven semi-structured interviews conducted with participants drawn from a range of entrepreneurial ecosystem actors in South West Wales, UK. Interview data were analysed using thematic analysis, leading to the establishment of seven themes.FindingsThe findings suggest that there is passion and positivity around the Well-Being of Future Generations Act amongst ecosystem actors. However, policymakers need to consider how to extend the reach of the principles of the Well-Being of Future Generations Act beyond public bodies. This could be achieved through more effective communication of the values of the act and increased collaboration between various stakeholders.Originality/valueThe concept of well-being remains relatively new in the context of regional economic development and therefore requires closer investigation, particularly how this can be evaluated. Wales is one of three countries worldwide to implement well-being legislation, and there is a lack of research examining the implementation of the Well-Being Act, particularly from regional development and an entrepreneurial ecosystem perspective.
published_date 2024-12-31T20:37:06Z
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score 11.04748

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