4.6 Article

Integrating pragmatism and ethics in entrepreneurial leadership for sustainable value creation

Journal

JOURNAL OF BUSINESS ETHICS
Volume 81, Issue 1, Pages 235-246

Publisher

SPRINGER
DOI: 10.1007/s10551-007-9491-4

Keywords

ethics; entrepreneurial leadership; pragmatism; legitimacy; sustainable value creation

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The relationship between entrepreneurship and ethics has largely been characterized as antithetical. In this article we develop a conceptual model integrating pragmatism, a philosophical approach that emphasizes experimentation and action characteristic of entrepreneurial leadership, with ethics to suggest that the two are not incompatible and that sustaining entrepreneurial leadership for value creation necessitates ethical action to build legitimacy. Case studies from the United States and India highlight the necessity of infusing pragmatism with ethics for sustainable entrepreneurial leadership.

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