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What Business Ethics Can Learn From Entrepreneurship

Journal of Private Enterprise, Vol. 24, No. 2, pp. 49-57, 2009

5 Pages Posted: 12 Jul 2009  

Stephen R. C. Hicks

Rockford University

Date Written: May 11, 2009

Abstract

Entrepreneurship is increasingly studied as a fundamental and foundational economic phenomenon. It has, however, received less attention as an ethical phenomenon. Much contemporary business ethics assumes its core application purposes to be (1) to stop predatory business practices and (2) to encourage philanthropy and charity by business. Certainly predation is immoral and charity has a place in ethics, neither should be the first concerns of ethics. Instead, business ethics should make fundamental the values and virtues of entrepreneurs - i.e., those self-responsible and productive individuals who create value and trade with others to win-win advantage.

Keywords: Entrepreneurship, Ethics, Virtue Ethics

JEL Classification: A12, A13, L26

Suggested Citation

Hicks, Stephen R. C., What Business Ethics Can Learn From Entrepreneurship (May 11, 2009). Journal of Private Enterprise, Vol. 24, No. 2, pp. 49-57, 2009. Available at SSRN: https://ssrn.com/abstract=1432804 or http://dx.doi.org/10.2139/ssrn.1432804

Stephen R. C. Hicks (Contact Author)

Rockford University ( email )

5050 E. State Street
Rockford, IL 61108
United States

HOME PAGE: http://www.stephenhicks.org/

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