The moral legitimacy of entrepreneurs: An analysis of early-stage entrepreneurship across 26 countries

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Journal Title
Journal ISSN
Volume Title
School of Business | A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä
Date
2014
Major/Subject
Mcode
Degree programme
Language
en
Pages
Series
International Small Business Journal
Abstract
This article will develop our socio-cultural understanding of entrepreneurship by examining the influence of the moral legitimacy of entrepreneurs in society on an individual’s engagement in early-stage entrepreneurship. A multilevel analysis conducted across 26 countries shows that the higher the perceived degree of moral legitimacy, the more likely an individual is to think about starting a business compared to not thinking about it; to start preparing a business as against just considering it; or to found and run a business as compared to just engaging in preparation activities. We conclude that moral norms in society play an important role in early-stage entrepreneurship and that makes it important to legitimize the understanding of entrepreneurs as moral and beneficial for society as a whole.
Description
Keywords
moral, legitimacy, entrepreneurship, institutional theory
Other note
Citation
Kibler, E. & Kautonen, T. 2014. The moral legitimacy of entrepreneurs: An analysis of early-stage entrepreneurship across 26 countries. International Small Business Journal. ISSN 0266-2426 (printed). DOI: 10.1177/0266242614541844.