IDEAS home Printed from https://ideas.repec.org/a/cup/buetqu/v16y2006i01p69-93_00.html
   My bibliography  Save this article

The Virtue of Courage in Entrepreneurship: Engaging the Catholic Social Tradition and the Life-Cycle of the Business

Author

Listed:
  • Naughton, Michael J.
  • Cornwall, Jeffrey R.

Abstract

The paper examines the problematic understanding of “risk” in entrepreneurial literature that locates courage in either the loss or gain of having or in the difficulty and hardship of the doing. We argue in this paper that what is lost in this vernacular view of courage is a deeper notion of the subjective dimension of work and the social need of society. Grounded within the Catholic social and moral tradition, we find a richer notion of courage, which in part corrects and rounds out the insufficient description of the vernacular understanding of courage in entrepreneurship. What we also find in this account of the virtues and subjective dimension of work is greater explanatory power of what happens to the entrepreneur in the work that he or she does. The end result of this analysis is a more spiritual, ethical and social understanding of entrepreneurship.

Suggested Citation

  • Naughton, Michael J. & Cornwall, Jeffrey R., 2006. "The Virtue of Courage in Entrepreneurship: Engaging the Catholic Social Tradition and the Life-Cycle of the Business," Business Ethics Quarterly, Cambridge University Press, vol. 16(1), pages 69-93, January.
    • Handle: RePEc:cup:buetqu:v:16:y:2006:i:01:p:69-93_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1052150X00007612/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Paniccia, Paola M.A. & Poggesi, Sara & Leoni, Luna, 2020. "The virtue of courage: From historical European roots to current management studies," European Management Journal, Elsevier, vol. 38(4), pages 547-554.
    2. Ericka Costa & Tommaso Ramus, 2012. "The Italian Economia Aziendale and Catholic Social Teaching: How to Apply the Common Good Principle at the Managerial Level," Journal of Business Ethics, Springer, vol. 106(1), pages 103-116, March.
    3. Domènec Melé & Joan Fontrodona, 2017. "Christian Ethics and Spirituality in Leading Business Organizations: Editorial Introduction," Journal of Business Ethics, Springer, vol. 145(4), pages 671-679, November.
    4. Dewen Liu & Shenghao Han & Chunyang Zhou, 2022. "The Influence of Physical Exercise Frequency and Intensity on Individual Entrepreneurial Behavior: Evidence from China," IJERPH, MDPI, vol. 19(19), pages 1-22, September.
    5. Joanna Crossman & Hiroko Noma, 2013. "Sunao as Character: Its Implications for Trust and Intercultural Communication Within Subsidiaries of Japanese Multinationals in Australia," Journal of Business Ethics, Springer, vol. 113(3), pages 543-555, March.
    6. Wei, Lihong & Zhang, Xiaosan & Yang, Muhan & Lin, Liming, 2024. "Understanding the relationship between entrepreneur courage quotient and enterprises' sustainable growth," Finance Research Letters, Elsevier, vol. 59(C).
    7. Gregorio Guitián, 2009. "Conciliating Work and Family: A Catholic Social Teaching Perspective," Journal of Business Ethics, Springer, vol. 88(3), pages 513-524, September.
    8. Virgil Henry Storr & Stefanie Haeffele-Balch & Laura E. Grube, 2015. "Community Revival in the Wake of Disaster," Perspectives from Social Economics, Palgrave Macmillan, number 978-1-137-31489-5, June.
    9. Marina Balboa & Germán López-Espinosa & Antonio Rubia, 2012. "Non-linear Dynamics in Discretionary Accruals: An Analysis of Bank Loan-Loss Provisions," Faculty Working Papers 07/12, School of Economics and Business Administration, University of Navarra.
    10. Rosa Chun, 2017. "Organizational Virtue and Performance: An Empirical Study of Customers and Employees," Journal of Business Ethics, Springer, vol. 146(4), pages 869-881, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:buetqu:v:16:y:2006:i:01:p:69-93_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/beq .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.