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Configurations of Confucian Entrepreneurship in the Asian Public Sector

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Configurations of Confucian Entrepreneurship in the Asian Public Sector

A Preliminary Study of South Korean Public Organizations

IPSA,

5 min read
5 take-aways
Audio & text

What's inside?

Western entrepreneurs can learn from the collective, morally based values of Confucianism.

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Editorial Rating

8

Qualities

  • Analytical
  • Innovative
  • Eye Opening

Recommendation

On the surface, Confucianism and entrepreneurship would not appear to make logical bedfellows. Yet, as governance experts Hyun Gyu Oh, Kyoung Ryoul Min, Hwa Yeon Kim and Sung Min Park explain, the philosophy created by Confucius nearly 2,500 years ago aligns with more elements of the entrepreneurial spirit than many people think. getAbstract recommends this enlightening article to those interested in Asian culture and its role in shaping the region’s economies.

Summary

It may be no coincidence that countries such as South Korea, Singapore, Taiwan, China and Japan, all of which share elements of Confucian culture and values, have matched or exceeded Western nations in economic growth. Yet rankings of national entrepreneurship and economic development often do not take this success into account or explore how cultural traditions influence entrepreneurialism. Recent academic research focuses on the unique elements and characteristics of entrepreneurship in Asian countries – including in South Korea, where analysts are studying the relationship of Confucian...

About the Authors

Hyun Gyu Oh, Kyoung Ryoul Min and Hwa Yeon Kim are PhD candidates at Sungkyunkwan University in South Korea, where Sung Min Park is an associate professor.


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