The modern Weberian thesis: a short review of the literature

Purpose - The purpose of this paper is to provide an overview of conceptions and misconceptions relating to Weberian thought after 100 years of synthesis. Design/methodology/approach - Extensions of the theories espoused are discussed and a brief review of several relevant empirical research projects is highlighted. Weberian theory is taken as the basis for the discussion of the paper. Its fundamental assertions are discussed and current discussions elucidated. Modern (post‐1980) research directions and findings are summarized for helping the scholar understand the current state of Weberian research and the potential for future paths. Findings - There are numerous areas for future theoretical and empirical exploration discussed. Such areas as the effects of the Protestant work ethic on social networks across multi‐cultural (of which religion and religiousity play a role) boundaries and the dynamics of cultural change within, and between cultural dimensions will provide ever‐changing opportunities for at least another century. Inter and intra‐national diversity and its dynamics will also provide munificence in this field of study. Originality/value - This paper provides scholars a brief review of the status of Weberian research and should evoke new thought related to this theoretical base as well. With the renewal of interest in entrepreneurship and its effects on communities, this area should be a fertile field for researchers, practitioners, and the public in general.