Entrepreneurial Ethics Research Articles

Ethics and Entrepreneurship: How Recent Unanticipated Externalities Change the Scope A Bibliometric Analysis and Research Agenda

ABSTRACTThis paper aims to provide a deeper and more comprehensive understanding of the current state of ethics and entrepreneurship research by using bibliometric and content analysis. Focusing on 579 papers published between 1988 and 2023, it highlights how recent, unanticipated global challenges—such as the need to combat climate change, ongoing conflicts, and pandemics—have profoundly influenced and revitalized the field. The content analysis reveals that “entrepreneurial ethics” has evolved to encompass a broad range of subtopics and debates. We analyzed the data in four time periods: 1988–2002, 2003–2008, 2009–2016, and 2017–2023 to identify the intellectual foundation of each period and the evolution of the research on the topic. What emerges is that recent research on the societal impact of entrepreneurship has expanded significantly, now covering 11 distinct research areas. This indicates that entrepreneurial ethics has become a widespread theme in entrepreneurship research, rather than an isolated sub‐field, with a notable focus on the identities of entrepreneurs, particularly women and family‐owned business. Additionally, this paper contributes to the literature on technology entrepreneurship by highlighting the limited attention given to the ethical issues that entrepreneurs face when working with new technologies and innovation, despite major external shifts in the environment. Furthermore, this research reinforces earlier findings that entrepreneurial ethics remains heavily influenced by the principles of corporate social responsibility (CSR). It also highlights the tendency to conflate entrepreneurial ethics with social entrepreneurship, underscoring the need for a more holistic approach to ethics in entrepreneurship research to better understand the interconnectedness of these two domains.

Empowering Innovation: A Comprehensive Perspective on Muslim Business Ownership

In an increasingly vigorous business world religion and culture are influential factors in business development. Islam is the second largest religion so there is a dire need to present a holistic picture of the Islamic perspective of entrepreneurship. This paper demonstrates the Islamic principles of entrepreneurship and Islamic entrepreneurial ethics by utilizing the Quran, Hadith, and other available literature. The primary goal of this paper is to unravel the approach of Islam as a religion towards business activity and entrepreneurial activity. In addition, this paper focuses on how Islam as a religion affects entrepreneurial activity from micro to macro levels. The major themes of the study are halal, haram, taqwa, utilization of resources, business financing, and social and entrepreneurial responsibilities. In conclusion, the study regards Islam as an entrepreneurial religion. Topics for further recommendation are also given at the end for future researchers.

Державне регулювання розвитку малих підприємств у контексті відновлення територіальних громад Одеської області

To date it is difficult to predict how small businesses will function in the post-war period. Thus, public regulation and support for small businesses in the post-war period becomes an extremely important issue. The article aims to propose the ways to improve public regulation of small businesses development in the context of the Odesa region’s territorial communities recovery. The author analyzes the research literature on the topic, makes a SWOT analysis of the Odesa region’s small businesses development. The ways for improving public regulation of small businesses development in the form of a model are proposed. The model includes the following components such as creating a small businesses support infrastructure; administrative procedures simplification; financial support; education and training; entrepreneurial ethics and culture development; partnership with local authorities and NGOs; stimulation of innovation and technological development.

Etika Kewirausahaan Berbasis Prophetic Intelligence

Sufism should not be interpreted as an activity solely focused on withdrawing from the world. Instead, Sufism should be utilized as a motivation for every Muslim to seek worldly wealth. However, this worldly wealth should ultimately be used to accumulate good deeds for the hereafter. Prophetic Intelligence is a Sufi study that can be used to integrate the interests of both the worldly and the hereafter. The practice of Sufism in Prophetic Intelligence refers to the example set by the Prophet Muhammad (PBUH). On one hand, he was the Messenger of Allah carrying out duties for the hereafter, and on the other hand, he was a merchant demonstrating how to be a successful entrepreneur in the world. The example of the Prophet Muhammad (PBUH) serves as a model of entrepreneurial ethics.

Towards an ethical awareness of entrepreneurs: a Nietzschean perspective on creative destruction

ABSTRACT As entrepreneurs engage in a Schumpeterian process of ‘creative destruction’, existing market norms and values are substantially altered, which places entrepreneurship in a central role for considering society’s new ethical demands. This essay attempts to fill a lacuna in the scholarship of entrepreneurial ethics that stops short of considering the ethical awareness of entrepreneurs regarding the reconstitution of values following disruption. The work of Friedrich Nietzsche informs our understanding of entrepreneurial ethics and provides guidance for ‘new philosopher’ entrepreneurs who become ethically aware of their task and endeavour to replace old values with new. Employing the lessons of Nietzsche can, therefore, provide valuable ethical insights for entrepreneurial ethicists as they consider what it might mean to engage in the disruption of industries, markets, and value chains.

Entrepreneurship Ethics

The purpose of this research is to find out about how people behave as entrepreneurs in their business, known as entrepreneurial ethics. Many business owners overlook the importance of ethics when starting a company because they believe it can be done quickly with a lot of skill and funding. This research uses a qualitative approach, using data processing techniques based on interviews, observations and documentation related to this research. The research results obtained are that in their daily entrepreneurial actions, managers are always faced with ethical dilemmas, which they must maintain continuously because a company's ethical reputation takes time to develop. And goodwill is an invaluable asset for a business.

Navigating the Complexity of Entrepreneurial Ethics: A Systematic Review and Future Research Agenda

Entrepreneurship is a multifaceted and constantly evolving process that is often marked by various challenges, such as environmental uncertainty, resource constraints, intense competition, and ambiguous roles. These complexities can give rise to ethical dilemmas, including conflicts of interest and unethical behavior, which can further be compounded by the incorporation of digital technology in entrepreneurship. Despite the growing recognition of the significance of entrepreneurial ethics, research in this area remains limited and fragmented. Therefore, this study aims to navigate the complexity of entrepreneurial ethics and address knowledge gaps by conducting a systematic review of the extant literature in the field of entrepreneurship, ethics, and management between 2003 and 2023 using the PRISMA protocol. The review focuses on three key aspects: (1) factors that shape entrepreneurial ethical perception and climate, (2) factors that influence entrepreneurial ethical decision making and behavior, and (3) the consequences of entrepreneurial ethical decisions and behavior. This study proposes future research avenues that can deepen our understanding of the interplay between digital technology and entrepreneurial ethics, stakeholder influence on ethical decision making, and the relationship between ethical leadership and entrepreneurial performance. Ultimately, the findings from this study provide a comprehensive framework for examining and comprehending the critical domain of entrepreneurial ethics, which can effectively address ethical dilemmas and establish socially conscious ventures that positively impact both the economy and society.

Emerging market entrepreneurs’ narratives on managing business ethical misconduct

Orientation: South Africa’s entrepreneurial landscape faces multiple challenges that minimise the growth of established firms. Ethical misconduct is one of the main challenges entrepreneurs encounter in their business activities.Research purpose: To gain deeper insight into the entrepreneurs’ narratives of the types and management of ethical misconduct when engaging in entrepreneurial activities.Motivation for the study: Entrepreneurs are central to economic development and alleviating challenges, such as poverty, employment creation and economic inclusion. Therefore, managing challenges that hinder their growth will contribute to the country’s economic development.Research design, approach and method: This study used narrative qualitative research to gather data on business ethical misconduct types and their management strategies. A sample of 17 established entrepreneurs participated in one-hour semi-structured interviews. Focusing on established entrepreneurs with more than three years in business provided real experiences of ethical misconduct and their management. Thematic narrative analysis was used to analyse the participants’ experiences and develop key themes from the data.This study used narrative qualitative research to gather data on business ethical misconduct types and their management strategies. A sample of 17 established entrepreneurs participated in one-hour semi-structured interviews. Focusing on established entrepreneurs with more than three years in business provided real experiences of ethical misconduct and their management. Thematic narrative analysis was used to analyse the participants’ experiences and develop key themes from the data.Practical/managerial implications: This study provides an ethical misconduct management framework that entrepreneurs could use in business practice and teaching.Contribution/value-add: This study contributes to entrepreneurial ethics literature and South African entrepreneurship knowledge development.

Identity of Javanese-Muslim and Chinese-Confucian Ethnic Entrepreneurial Ethics in the Kanoman Market, Cirebon City

This study aims to analyze how the ethical identity of Javanese-Muslim and Chinese-Kunghucu ethnic entrepreneurs in Kanoman Market, Cirebon City, is to look deeply into ethnic entrepreneurial ethics in entrepreneurial practice, including in market contestation involving the two ethnicities. This study uses a qualitative method with an anthropological-economic approach to find and explain the entrepreneurial phenomenon involving elements of ethnicity. Primary data comes directly from ethnic entrepreneurs, and secondary data as supporting sources, such as books, journals, proceedings, etc. Exploration, observation, interviews, and in-depth processes carried out data collection. Then, it is equipped with data analysis to answer research questions. The research found that the entrepreneurial ethics of the Javanese-Muslim and Chinese-Kunghucu ethnicity stem from world views, adhered to cultural systems, and connectedness to God or ancestors. The ethnic worldview of God and connectedness to ancestors shape the entrepreneurial ethic. Then, ethnic entrepreneurial ethics shape positive behavior in entrepreneurship.

Identity of Javanese-Muslim and Chinese-Confucian Ethnic Entrepreneurial Ethics in the Kanoman Market, Cirebon City

Identity of Javanese-Muslim and Chinese-Confucian Ethnic Entrepreneurial Ethics in the Kanoman Market, Cirebon City

МЕЖЦИВИЛИЗАЦИОННЫЕ КОНТАКТЫ НА ДАЛЬНЕМ ВОСТОКЕ РОССИИ В XIX–XX ВЕКАХ И ТРАНСФОРМАЦИЯ ЭТНОМЕНТАЛЬНЫХ КОМПОНЕНТОВ СИСТЕМЫ ЖИЗНЕДЕЯТЕЛЬНОСТИ

The article is devoted to the analysis of the mechanism of ethnocultural projection of European mentality, ethics, morality, trade technologies, sociocultural image of merchants, industrialists, officials, military officers, cultural workers, who influenced in the second half of 19th – early 20th centuries on the development of the Russian Far East in industrial, trade, transport, scientific, educational discourses and on the life system in general. The most significant influence on the process of development and transformation of the Far Eastern outskirts of the Russian Empire was exerted by the German settlers. The research methodology based on Max Weber's concept of entrepreneurial ethics, is based on the belief that the history and culture of the Russian Far East in the second half of the 19th and early 20th centuries, on the one hand, are linked to the all-Russian sociocultural processes and, on the other hand, to the Far Eastern specificity that emerged as a resulting of the influence of the European mentality. The article reveals the essence, structure and functions of trade, transport, industrial companies in the Amur region, Primorye and Sakhalin. The analysis of the phenomenon of the emerged regional culture is relevant. The immigrants, The article is devoted to the analysis of the mechanism of ethnocultural projection of European mentality, ethics, morality, trade technologies, sociocultural image of merchants, industrialists, officials, military officers, cultural workers, who influenced in the second half of 19th – early 20th centuries on the development of the Russian Far East in industrial, trade, transport, scientific, educational discourses and on the life system in general. The most significant influence on the process of development and transformation of the Far Eastern outskirts of the Russian Empire was exerted by the German settlers. The research methodology based on Max Weber's concept of entrepreneurial ethics, is based on the belief that the history and culture of the Russian Far East in the second half of the 19th and early 20th centuries, on the one hand, are linked to the all-Russian sociocultural processes and, on the other hand, to the Far Eastern specificity that emerged as a resulting of the influence of the European mentality. The article reveals the essence, structure and functions of trade, transport, industrial companies in the Amur region, Primorye and Sakhalin. The analysis of the phenomenon of the emerged regional culture is relevant. The immigrants, carriers of different ethno-cultural mental models and ethnic stereotypes of behaviour, not only transformed this territory, the surrounding world in an industrial way, but also planned its development in the long term, for what purpose they used their own financial resources and efforts to create scientific and cultural institutions: Society studying the Amur region, the East Institute, the future Far East State Technical University, they financed ethnographic expeditions. The result of the work is the author's conviction that mental attitudes have sufficient stability, a reliable basis for the development of the Far Eastern region, for a positive dialogue of cultures, for optimal adaptation of immigrants to a foreign cultural environment, to different natural and climatic conditions and regional specifics.

SURVIVAL STRATEGIES FOR EVENT ORGANIZERS DURING A PANDEMIC FROM THE PERSPECTIVE OF ISLAMIC BUSINESS ETHICS

This research was conducted to see how service business owners who focus on event organizers are surviving during a pandemic. by conducting this research, we hope that the strategies implemented by surviving entrepreneurs can be duplicated and applied to other companies. Data collection techniques in this study used observation, interview, and documentation techniques. The result of this research at PT. Orbit Semesta Production implements several strategies, including action, investment, and operations. The company has also fulfilled the elements of business according to the Islamic view by not doing things that are not in line with PT. Turindo also carries out a business divestment strategy by streamlining operational offices and transferring resource functions through online media. In applying business ethics, business people follow the elements of ethics. In other businesses, CV. Flazh Production implements a reduction strategy, namely cutting team member rights, because the new production strategy does not follow what has been implemented in entrepreneurial ethics, such as not helping and being responsible for what the company owns.

Towards an Entrepreneurial Ethics of Desire?

This article aims to reflect on how changes in digital sociability practices influence on the affective and sexual relationships among gay men in Northeast Brazil. We argue some of these changes are associated with an entrepreneurial ethics of desire, which is a set of desiring and sociability practices influenced by neoliberal imperatives, such as free competition, high selectiveness, meritocracy, economic rationale, utilitarianism, and self-entrepreneurship. In a mediatised reality under platform capitalism, we wonder: by taking on market-oriented practices, how do individuals constitute themselves as differentiated desiring subjects? We seek to elucidate this point by analysing seven in-depth interviews conducted with gay men whose affective-sexual trajectories have been impacted by communication technologies’ transformations in the last three decades. All respondents were gay men between 25-34 years old, residents in Recife’s metropolitan area and were contacted via Grindr. Focused on cultural scripts for sex mediated by digital media and on self-presentation in profiles, we investigate how these individuals negotiate homoerotic sociabilities simultaneously on different social platforms. In an attempt to constitute themselves as “desirable” subjects in digital spheres, these individuals experience several tensions that are triggered by social markers of desire, such as race, class, gender performativity and physicality. Based on an intersectional approach, we aim to identify aspects of what we define as an entrepreneurial ethics of desire. We also propose to investigate whether, in terms of resistance and indiscipline, we can think of an alternative sexual-affective ethics for sociability and desiring practices – namely a queer ethics of desire.

Entrepreneurship As the Primary Condition for Building Up The Mixed Economy

The entrepreneurship nature of Georgia is conditioned with Georgian economy`s transitional condition, also by its originalities. In particular, from one side: during of recent period the number, qualification of individual entrepreneurs was significantly increased, their activity covers more and more new fields, the market (entrepreneurial) infrastructure becomes wide, entrepreneurial mindset is being formed in the society; from another side: significant part of entrepreneurs didn`t possess proper special knowledge and experience and rational conducts under the market terms; besides, market infrastructure is still undeveloped and ineffective; state share is remained in national wealth and in the properties of joint-stock companies as well; because of lack of proper mechanism, efficiently reproduction of state share is impossible. Entrepreneurial ethics and culture is very low. Moreover, big amount of people dubiously stare at entrepreneurs and the results of their activity. Shortly, the origins of Georgian entrepreneurs` formation are unfavorable. Keywords: entrepreneurship, business, market, sale, management, competitiveness, customer.

The Impact of New Entrepreneurial Spirit on Cultivating Entrepreneurial Values and Entrepreneurial Ability of College Students.

The objectives were to deeply study the impact of new entrepreneurial spirit on the cultivation of entrepreneurial values and entrepreneurial ability of college students. First, the influencing factors of college students' entrepreneurial values were analyzed based on new media, entrepreneurial spirit, entrepreneurial values, and other related theories. Second, the corresponding questionnaire was designed and elaborated on the four aspects of college students' entrepreneurial values, namely, entrepreneurial competence, entrepreneurial risk, and entrepreneurial ethics. Finally, the data results of the questionnaire were studied. The results show that in entrepreneurial values of college students, they believe that entrepreneurship is the most important for personal development, with an overall average of 3.86. In the point of view of entrepreneurial competence, they think that independent learning ability plays a significant role in entrepreneurship, with an average of 3.91. In the view of entrepreneurial ethics, they consider that the law is the most crucial during the entrepreneurial, with an average value of 4.35. It means that college students still have certain legal knowledge. After analyzing the results of the questionnaire on entrepreneurial factors, it is found that college students lack social experience and have a low ability to take risks. Meanwhile, entertainment is the first choice for college students on new media platforms, and the time of viewing is more than 5 h/day. Therefore, the influence of new entrepreneurial spirit is researched on the cultivation of entrepreneurial values and entrepreneurial ability of college students, which provides a new theoretical basis and optimization direction for entrepreneurial education in universities in the future.

Entrepreneurial finance, agency problems and Islamic ethics: complementarities and constraints

ABSTRACT This paper examines the interactions between Islamic ethics related to entrepreneurs and finance and discusses their implications on entrepreneurial finance. The practice of Islamic entrepreneurial ethics creates trust that helps to mitigate agency problems. In such cases, investors can use contracts involving Islamic financial ethics. However, in the absence of the practice of normative entrepreneurial ethics, agency problems arise that need to be resolved contractually. This paper argues that Islamic legal and ethical principles impose constraints on contractual forms which reduce the flexibility of mitigating agency problems arising in entrepreneurial finance. When entrepreneurial ethics are not practiced, investors can finance entrepreneurs by diluting Islamic financial ethical principles to alleviate agency problems.

Designing an entrepreneurial curriculum model for the second secondary level

Background and Aim: Schools try to get out of the nature of mere education and enter into life and career skills. In this regard, entrepreneurship is considered one of the most important topics in the present era, and schools try to promote entrepreneurship. Therefore, the main goal of the current research was to design an entrepreneurial curriculum model for the second secondary level of the Islamic Republic of Iran. Methods: This research is one of the qualitative researches that has been conducted using meta-composite method. The statistical population of the current research was actually all the printed and published sources of articles and books in the field of entrepreneurship that were published in the last 15 years. The data was evaluated by experts and finally the sample size was the same as the statistical population (published sources). Results: The results showed that the model of the entrepreneurial curriculum of the second secondary level of Iranian education in the form of 9 elements (goal, grouping, content, materials, learning resources and tools, learning activities, teaching-learning methods, evaluation and tools of that place, space and time) and 10 main themes including (entrepreneurial curriculum, identifying and stimulating entrepreneurial talents and skills, teaching entrepreneurial ethics, creating necessary competencies in the field of knowledge, attitude and skills, systemic and problem-oriented thinking, collaborative projects, using various evaluation tools and methods, self-evaluation and periodic feedback, spatial flexibility of the curriculum and scheduling of activities). Conclusion: Based on the results, it can be said that the entrepreneurship curriculum has several indicators and dimensions that the planners of the education system should help to promote entrepreneurship in schools by prioritizing them based on the fundamental transformation document.

Religious Morality in Economic Behavior of Grocers In Sekaran, Semarang

Economic activity is the main activity carried out by human which its development can be affected by several factors. One of the factors is religion and belief that they have. Religion and economic are two influential elements because religion is able to push the mentality and motivation of human economy. Vice versa, the economy can be a driving force for improving the quality of a person's religious behavior. For the grocers in Sekaran Village, the economic activity that they do is not free from the influence of their religion and belief. The method used in this study was a qualitative method based on descriptive analysis which was located in Sekaran Village, Gunung Pati District, Semarang. This study shows that the economic behavior in the grocery grocer is strongly influenced by their religious spirituality. This can be seen in their view of property as a treasure given by God and should be used to help for fellow human beings, their view on working is based on the God's commands, as well as work ethic that is constituted by the teachings of their religion. This view then affects the entrepreneurial ethics and their economic action which are oriented to religious values.

Does ethics really matter to the sustainability of new ventures? The relationship between entrepreneurial ethics, firm visibility and entrepreneurial performance.

This paper aims to explore whether entrepreneurial ethics can improve entrepreneurial performance in new ventures. The dynamic impact of entrepreneurial ethics on entrepreneurial performance (survival and sustainable growth) is investigated from an institutional perspective, and the moderating role of firm visibility between them is explored. From different regions of China, 296 valid questionnaires are obtained and analyzed. We find that entrepreneurial ethics is adverse to the survival of new ventures but conducive to their sustainable growth of new ventures. We also find that high firm visibility can help entrepreneurial ethics be more effective in improving entrepreneurial performance. This study provides a new insight to explain the theoretical controversy of entrepreneurial ethics and provides guidance for the establishment of the internal ethical structures of new ventures. Suggestions for government and industry regulators on the management of entrepreneurial ethics are also provided.

Money boys in Chengdu, China: migration, entrepreneurial precarity and health service access

This qualitative study highlights the complex interplay between the social and structural conditions in Chengdu, China that shape the possibilities and vulnerabilities of money boys’ sexual health. Within the context of China’s liberalised market economy, we explore (1) how money boys’ enter the sex trade market and navigate their sexual networks; (2) how their lives are enmeshed in fields of sexual desire, stigma and coercion; and (3) how the illicit and stigmatising nature of their work poses barriers to health service access. Findings reveal how the sex trade market and clinic are precarious spaces in which entrepreneurial ethics of the self and stigma-related coercive relations simultaneously enable and constrain money boys’ sexual freedom and safer sex practices. By understanding this entrepreneurial precarity through the co-articulation of clinical and organisational work spaces, public health and social service providers can have a stronger sense of how various vulnerabilities configure to affect safer sex practices.