International Congress on Eurasian Economies

International Conference on Eurasian Economies

17-18 September 2013 – St. Petersburg, RUSSIA

Paper detail

Paper ID : 803
Status : Paper included
Language : Turkish
Topic : Microeconomics and Entrepreneurship
Presenter: Ph.D. candidate Mehtap Sarıkaya
Session : 3C Girişimcilik

New Summit: Increasing Value of Morality in Entrepreneurship
Yeni Zirve: Girişimcilikte Ahlakın Artan Değeri

Abstract

The history of entrepreneurship is a history of market economy. Thus, entrepreneurship means to take risks, to catch the novelty, to score the opportunities and it is a process to make all them real. In this sense, entrepreneurship is the basic power to move the economy as the main actor of development. On the other hand, the run riot nature of entrepreneurship in terms of profit maximization since 19th. Century necessitates some level of ethics in business life. Infringements of consumer rights, bribery, tax evading and the presence of institutional scandals worldwide necessitate to evaluate that entrepreneurship should have both economic and socio-cultural values. This paper aims to discuss a notion that entrepreneurship should be run based on ethics.

JEL codes: L26

Session 3C: Girişimcilik

Istanbul Beykent University Turkish Central Bank TIKA