How entrepreneurs deal with ethical challenges – an application of the Synergy Star technique
Robinson, David A., Davidsson, Per, Van der Mescht, Hennie, & Court, Philip (2007) How entrepreneurs deal with ethical challenges – an application of the Synergy Star technique. Journal of Business Ethics, 71(4), pp. 411-423.
Entrepreneurs typically live with the ever-present threat of business failure arising from limited financial resources and aggressive competition in the marketplace. Under these circumstances, conflicting priorities arise and the entrepreneur is thus faced with certain dilemmas. In seeking to resolve these, entrepreneurs must often rely on their own judgment to determine ‘what is right’. There is thus a need for a technique to assist them decide on a course of action when no precedent or obvious solution exists.
This research paper examines how entrepreneurs experience and deal with these dilemmas. The research is based on interviews with seven entrepreneurs in established service-oriented ventures, which gave rise to twenty-six dilemmas.
These dilemmas were analyzed by making use of the Synergy Star technique, which is introduced here as a tool that is useful in defining any dilemma, isolating the ethical component, and resolving the dilemma in a way that is congruent with the entrepreneur’s personal world-view.
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|Item Type:||Journal Article|
|Keywords:||Entrepreneur, Ethics, Synergy Star, BESS, Business Ethics, Evaporating Cloud, Goldratt, Robinson, Davidsson, Van der Mescht, Ethical Dilemma|
|Subjects:||Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Business and Management not elsewhere classified (150399)|
|Divisions:||Current > Research Centres > Australian Centre for Entrepreneurship|
Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
|Copyright Owner:||Copyright 2007 Springer|
|Copyright Statement:||The original publication is available at SpringerLink http://www.springerlink.com|
|Deposited On:||18 Dec 2006|
|Last Modified:||29 Feb 2012 23:27|
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