David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 92 (4):513 - 530 (2010)
In this article, I argue that if we challenge some tacit assumptions of narrow rationality that endure in much of entrepreneurial studies, we can elevate entrepreneurial ethics beyond mere external constraints on rational action, and move toward fuller integration of ethics as an intrinsic part of the process of value creation itself. To this end, I propose the concept of practical wisdom as a framework for exploring entrepreneurial decision making and action that can broaden the scope of our research to recognize entrepreneurship as an inherendy normative enterprise. Specifically, I suggest that a framework built upon a concept of practical wisdom enables us to adopt a richer and more complex view of entrepreneurial decision making that is well suited to the dynamic and uncertain context of entrepreneurship. Further, this framework enriches our view of entrepreneurial ethics to include consideration of the personal character, values, and purpose of the entrepreneur. By examining entrepreneurship through a lens of practical wisdom, we can open up new avenues of fruitful inquiry for scholars of entrepreneurship
|Keywords||entrepreneurial decision making rational choice wisdom|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
Ronald F. Duska (1993). Aristotle: A Pre-Modern Post-Modern? Implications for Business Ethics. Business Ethics Quarterly 3 (3):227-249.
R. Edward Freeman (1994). The Politics of Stakeholder Theory. Business Ethics Quarterly 4 (4):409-421.
Francis T. Hannafey (2003). Entrepreneurship and Ethics: A Literature Review. [REVIEW] Journal of Business Ethics 46 (2):99 - 110.
Edwin Hartman (1996). Organizational Ethics and the Good Life. Oxford University Press.
John F. McVea (2007). Constructing Good Decisions in Ethically Charged Situations: The Role of Dramatic Rehearsal. [REVIEW] Journal of Business Ethics 70 (4):375 - 390.
Citations of this work BETA
Barbara Orser, Catherine Elliott & Joanne Leck (2013). Entrepreneurial Feminists: Perspectives About Opportunity Recognition and Governance. [REVIEW] Journal of Business Ethics 115 (2):241-257.
Massimiliano Matteo Pellegrini & Cristiano Ciappei (forthcoming). Ethical Judgment and Radical Business Changes: The Role of Entrepreneurial Perspicacity. Journal of Business Ethics.
Yunxia Zhu (forthcoming). The Role of Qing (Positive Emotions) and Li 1 (Rationality) in Chinese Entrepreneurial Decision Making: A Confucian Ren-Yi Wisdom Perspective. Journal of Business Ethics.
Similar books and articles
Daniel Little (1988). Collective Action and the Traditional Village. Journal of Agricultural and Environmental Ethics 1 (1):41-58.
John R. Shook (2003). Entrepreneurship and Values in a Democratic and Pragmatic Economics: Commentary on 'A Transactional View of Entrepreneurship'. Journal of Economic Methodology 10 (2):181-190.
Elke Weik (2011). Institutional Entrepreneurship and Agency. Journal for the Theory of Social Behaviour 41 (4):466-481.
Colin Jones (2006). Contemplating an Evolutionary Approach to Entrepreneurship. World Futures 62 (8):576 – 594.
Saras D. Sarasvathy (2002). Entrepreneurship As Economics With Imagination. The Ruffin Series of the Society for Business Ethics 2002:95-112.
Daniel R. Gilbert Jr (2002). Ethics, Management, and the Existentialist Entrepreneur. The Ruffin Series of the Society for Business Ethics 2002:113-124.
Stuart Rachels (2009). On Three Alleged Theories of Rational Behavior. Utilitas 21 (4):506-520.
George G. Brenkert (2002). Entrepreneurship, Ethics, and the Good Society. The Ruffin Series of the Society for Business Ethics 2002:5-43.
Laura Dunham (2007). The Ethical Dimensions of Creative Market Action. Business and Professional Ethics Journal 26 (1/4):3-39.
Added to index2009-08-03
Total downloads5 ( #237,662 of 1,101,947 )
Recent downloads (6 months)1 ( #306,569 of 1,101,947 )
How can I increase my downloads?