RESPONSIBLE ENTREPRENEURSHIP VISION DEVELOPMENT AND ETHICS

280 RESPONSIBLE ENTREPRENEURSHIP
prise and opening up to liberalization of markets and services helped the entrepreneurs to
confront with developing new business advancing often without rules and equity.
Governments enhancing and fostering culture based on transparency help the entrepreneurs
to behave honestly relying on assumption of ethics as guide value and paradigm driving market
forces creating social and economic value for society and community. Linking human
resource systems and ethical corporate culture permits to create a sustainable competitive advantage
in long term. Organizations managing strategically human resources and personnel tend
to adopt an ethical culture and build an ethical organization institutionalizing ethics by designing
human resources policies focused on the adoption of ethical behaviors as embedded in the
corporate culture as distinctive factor. Organizations surviving in long run tend to create and
maintain an effective organizational culture encouraging the ethical behavior and discouraging
unethical behavior (Sims, 1992). The ethical challenge the entrepreneurs have to face by
building a new organization concerns the need to clarify the terms and future expectations about
the psychological contract between employees and organization (Sims, 1991) leading to different
human resource strategies and policies design (Lepak & Snell, 1999). Governments
encouraging the initiative of private economies by privatization of state enterprise and fostering
liberalization of markets tend to sustain the entrepreneurs to develop new business ideas
for building organizations successfully proceeding by discovering the strategic role of managing
human resources. Various stakeholders and governments put increasingly pressure on
organizations reducing unethical and illegal behaviors of individuals (Treviòo, Weaver &
Reynolds, 2006). Governments sustaining the diffusion of entrepreneurship by encouraging
the adoption and diffusion of ethical behaviors in business by enhancing transparency, free
access to information and accountability tend to prevent and contrast corruptive practices and
unethical behaviors driving entrepreneurs to select ethics values as guiding principles for doing
business and management choices leading to build and implement an ethical organization. The
social and economic growth of emerging economies proceeding towards developed economies
relies on government enhancing transparency and promoting accountability and bridging business
affairs and the rediscovery of ethics as principle driving entrepreneurship and private firms
to design human resource management for building ethical organizations. Future research perspective
require to further investigate the relationship between human resource management
and ethical management within new businesses and organizations.
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