RESPONSIBLE ENTREPRENEURSHIP VISION DEVELOPMENT AND ETHICS

Rediscovering ethics and the importance of human resource
management for entrepreneurship in emerging economies
Ana Maria GERMAN 1 , Mauro ROMANELLI 2
1
Transilvania University,
2
University of Naples Parthenope
2
mauro.romanelli@uniparthenope.it
Abstract: Entrepreneurship playing an important role in the life of society has received less attention
as ethical and economic phenomenon. Sustaining entrepreneurship seems to rely on rediscovering the ethical
dimension for building organizations by managing ethically human resources. Human resource systems
contribute to build an ethical culture within organizations seeking legitimacy conforming to the expectations
of the key stakeholders in their environment. Human resource systems help organizations move toward an
ethical approach, values and culture in doing business. Organizations effectively facing the challenge of survival
and competitiveness have to promote behaviors of employees able to deal with ethical issues in daily
working. Rediscovering the importance of ethics helps support the entrepreneurship within emerging
economies facing the challenge of overcoming obstacle to social and economic development. Governments
tend to sustain the entrepreneurship by encouraging the adoption and diffusion of ethical behaviors in business
by enhancing transparency, free access to information and accountability and help the entrepreneurs to
behave managing ethics for creating and maintaining social and economic value. Developing and sustaining
entrepreneurship in emerging economies should require that entrepreneurs and managers are able to consider
and take in account the ethical dimension in the strategic decision-making process concerning the building
of organizations by managing human resources.
Keywords: ethics, transparency, entrepreneurship, emerging economies, human resources
Introduction
The aim of the paper is to elucidate that the development of entrepreneurship seems to
rely on rediscovering the ethical dimension in doing business through government promoting
transparency and organizations managing ethically human resources. Rediscovering the
importance and relevance of managing ethics for enhancing entrepreneurship and building
organization can help the emerging economies to advance towards a sustainable growth solving
the challenge of overcoming some barriers like corruptive behavior as obstacle to social,
political and economic development of society and business. Ethics and entrepreneurship tend
to be closely aligned. Entrepreneurs are responsible in building a good society developing