Entrepreneurs: Guarantors of a constitutional democracy based on an ethic of individual property rights?

IF 1.5 Q2 ECONOMICS

Journal of Entrepreneurship and Public Policy Pub Date : 2019-12-05 DOI:10.1108/JEPP-08-2019-0070

G. Price

{"title":"Entrepreneurs: Guarantors of a constitutional democracy based on an ethic of individual property rights?","authors":"G. Price","doi":"10.1108/JEPP-08-2019-0070","DOIUrl":null,"url":null,"abstract":"Purpose - The purpose of this paper is to consider if self-employed entrepreneurs, a class of individuals who require enforceable property rights to create new firms and ideas that could increase a society’s material living standards, constitute an individual property rights enforcement mechanism. Design/methodology/approach - With data from the General Social Survey, the authors estimate the parameters of mixed-effects categorical regression specifications to measure the effect of self-employment on confidence in the US Supreme Court, raising and donating funds for social or political activities, and on trying to persuade others to share political views. Findings - The findings suggest that self-employed entrepreneurs are one of the guarantors of a constitutional democracy based on an ethic of individual property rights, and public policies that are pro-entrepreneurship help mitigate the risk of constitutional failure, and maximize society’s material living and ethical standards. Research limitations/implications - The results are based on cross-sectional data, which do not account for dynamic changes in preferences. Practical implications - The findings suggest that self-employed entrepreneurs are a enforcement mechanism and a guarantor of an ethic of private property rights necessary for the ongoing success and viability of a constitutional democracy based on individual property rights. Social implications - The findings suggest that as entrepreneurs constitute an enforcement mechanism for individual property rights, to the extent that entrepreneurialism also cultivates individual virtue entrepreneurs also serve as guarantors of a moral and ethical society that is based on virtue, which results in a constitutional democracy with high material living and ethical/moral standards. Originality/value - This paper is among the first to empirically test whether entrepreneurs are an enforcement mechanism for individual property rights.","PeriodicalId":44503,"journal":{"name":"Journal of Entrepreneurship and Public Policy","volume":"9 1","pages":"53-64"},"PeriodicalIF":1.5000,"publicationDate":"2019-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/JEPP-08-2019-0070","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Entrepreneurship and Public Policy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/JEPP-08-2019-0070","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 0

Abstract

Purpose - The purpose of this paper is to consider if self-employed entrepreneurs, a class of individuals who require enforceable property rights to create new firms and ideas that could increase a society’s material living standards, constitute an individual property rights enforcement mechanism. Design/methodology/approach - With data from the General Social Survey, the authors estimate the parameters of mixed-effects categorical regression specifications to measure the effect of self-employment on confidence in the US Supreme Court, raising and donating funds for social or political activities, and on trying to persuade others to share political views. Findings - The findings suggest that self-employed entrepreneurs are one of the guarantors of a constitutional democracy based on an ethic of individual property rights, and public policies that are pro-entrepreneurship help mitigate the risk of constitutional failure, and maximize society’s material living and ethical standards. Research limitations/implications - The results are based on cross-sectional data, which do not account for dynamic changes in preferences. Practical implications - The findings suggest that self-employed entrepreneurs are a enforcement mechanism and a guarantor of an ethic of private property rights necessary for the ongoing success and viability of a constitutional democracy based on individual property rights. Social implications - The findings suggest that as entrepreneurs constitute an enforcement mechanism for individual property rights, to the extent that entrepreneurialism also cultivates individual virtue entrepreneurs also serve as guarantors of a moral and ethical society that is based on virtue, which results in a constitutional democracy with high material living and ethical/moral standards. Originality/value - This paper is among the first to empirically test whether entrepreneurs are an enforcement mechanism for individual property rights.

查看原文本刊更多论文

企业家：基于个人财产权伦理的宪政民主的保障者？

目的——本文的目的是考虑个体经营者，一类需要可执行产权来创建新的公司和想法，从而提高社会物质生活水平的个人，是否构成了个人产权执行机制。设计/方法/方法-利用综合社会调查的数据，作者估计了混合效应分类回归规范的参数，以衡量自营职业对美国最高法院信心、为社会或政治活动筹集和捐赠资金以及试图说服他人分享政治观点的影响。调查结果-调查结果表明，个体经营者是基于个人财产权伦理的宪政民主的保障者之一，支持企业家精神的公共政策有助于降低宪法失败的风险，并最大限度地提高社会的物质生活和道德标准。研究局限性/影响-结果基于横断面数据，未考虑偏好的动态变化。实际意义——研究结果表明，个体经营者是一种执行机制，是私人产权伦理的保障者，这是基于个人产权的宪政民主持续成功和可行性所必需的。社会影响-研究结果表明，由于企业家构成了个人财产权的执行机制，在企业家精神也培养个人美德的程度上，企业家也是基于美德的道德和伦理社会的保障者，这导致了具有高物质生活和伦理/道德标准的宪政民主。独创性/价值——本文是第一个实证检验企业家是否是个人产权执行机制的论文之一。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Journal of Entrepreneurship and Public Policy ECONOMICS-

CiteScore

3.70

自引率

15.80%

发文量

期刊介绍： Institutions – especially public policies – are a significant determinant of economic outcomes; entrepreneurship and enterprise development are often the channel by which public policies affect economic outcomes, and by which outcomes feed back to the policy process. The Journal of Entrepreneurship & Public Policy (JEPP) was created to encourage and disseminate quality research about these vital relationships. The ultimate aim is to improve the quality of the political discourse about entrepreneurship and development policies. JEPP publishes two issues per year and welcomes: Empirically oriented academic papers and accepts a wide variety of empirical evidence. Generally, the journal considers any analysis based on real-world circumstances and conditions that can change behaviour, legislation, or outcomes, Conceptual or theoretical papers that indicate a direction for future research, or otherwise advance the field of study, A limited number of carefully and accurately executed replication studies, Book reviews. In general, JEPP seeks high-quality articles that say something interesting about the relationships among public policy and entrepreneurship, entrepreneurship and economic development, or all three areas. Scope/Coverage: Entrepreneurship, Public policy, Public policies and behaviour of economic agents, Interjurisdictional differentials and their effects, Law and entrepreneurship, New firms; startups, Microeconomic analyses of economic development, Development planning and policy, Innovation and invention: processes and incentives, Regional economic activity: growth, development, and changes, Regional development policy.