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- Title
Redefining Entrepreneurship: A Virtues and Values Perspective.
- Authors
Miller, Robert A.; Collier, Elizabeth W.
- Abstract
Just as the entrepreneur is key to the health of a society's economy, so too is the entrepreneur key to its ethical well being. Narrow definitions of entrepreneurship that measure success based on wealth creation alone constrict responsible responses to ethical challenges, contributing to continual ethical lapses. This paper examines Cornwall and Naughton's emphasis on virtue as an important element of successful entrepreneurship. It then proposes a new definition of entrepreneurship based on endowing resources with new value rather than the more narrow vision of endowing resources with new wealth producing capabilities.
- Subjects
ENTREPRENEURSHIP; BUSINESSPEOPLE; BUSINESS enterprises; ECONOMIC opportunities; ECONOMIC activity; ECONOMIC development; WEALTH &; ethics; QUALITY of life; ECONOMIC status; ETHICS
- Publication
Journal of Leadership, Accountability & Ethics, 2010, Vol 8, Issue 2, p80
- ISSN
1913-8059
- Publication type
Article