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Entrepreneurial Tricks and Ethics Surveyed in Different Countries

Miroslav Pivoda, Frank Hoy, Kiril Todorov and Viktor Vojtko ()
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Miroslav Pivoda: Innovation Consulting Brno, Czech Republic
Frank Hoy: Worcester Polytechnic Institute, USA
Kiril Todorov: University of National and World Economy, Bulgaria

International Journal of E-Entrepreneurship and Innovation (IJEEI), 2011, vol. 2, issue 3, 46-63

Abstract: To resolve entry and growth problems, entrepreneurs use creative solutions or tricks, which some may find to be ethically questionable. Generating mistrust is a negative consequence when engaging in entrepreneurial tricks. In spite of that, 66% of entrepreneurs (out of 201 respondents) and 76% of business students (out of 213) consider using some tricks as absolutely necessary if an entrepreneur wants to succeed in his or her domestic business environment. Surprisingly optimistic, 52% of entrepreneurs and 57% of students believe that business ethics can be improved substantially by teaching business ethics to entrepreneurs. And of course, there are different levels of ethics standards or custom practices in different countries emerging from our survey in five countries and a few responses from 21 other countries. The authors also discuss the possible future for business tricks, and if there might be any benefits of them.

Date: 2011
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Citations: View citations in EconPapers (2)

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