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In “The Essence of Entrepreneurship,” in Journal of Small Business Management (Vol. 13, July 1975), Justin G. Longenecker and John E. Schoen discuss at length the characteristic independence of the entrepreneur. A more general discussion of entrepreneurship appears in Entrepreneurship: What It Is and How to Teach It, edited by John J. Kao and Howard H. Stevenson (Harvard Business School, 1985). Other writings also explore entrepreneurial independence; these include Joseph A. Schumpeter's “Economic Theory and Entrepreneurial History” in Change and the Entrepreneur (Harvard University Press, 1949); Frank H. Knight's “Profit and Entrepreneurial Functions” in The Journal of Economic History, Supplemental Issue (December, 1942); and Henry Mintzberg's “Strategy Making in Three Modes” in California Management Review (Vol. 16, Winter 1973). Robert Brockhaus, Sr. writes about other characteristics of the [[Truncated]]
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Several studies support the significance of independence as a characteristic of many different types of entrepreneur. For examples, see Donald L. Sexton and Nancy B. Bowman s “Validation of a Personality Index: Comparative Psychological Characteristics Analysis of Female Entrepreneurs, Managers, Entrepreneurship Students and Business Students” and Rodrigo Varela V's “Characteristics of Entrepreneurs in Cali,” both in Robert C. Ronstadt et al.'s Frontiers of Entrepreneurship Research, proceedings of the Sixth Annual Babson College Entrepreneurship Conference (Babson College, 1986).
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Vincent Barry's discussion of the ethical theory of egoism appears in his Moral Issues in Business (Wadsworth Publishing Company, 1979). A brief discussion of entrepreneurial ethics is found in Robert C. Ronstadt's Entrepreneurship (pp. 42–43) (Lord Publishing, 1984).
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Finally, an insightful look at the ethical climate in business today is offered by Myron Magnet in “The Decline and Fall of Business Ethics” in Fortune (Vol. 114, December 8, 1986).
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