Holistic entrepreneurial inventory: a framework for the integration of spirituality in entrepreneurial performance
ISSN: 1536-5433
Article publication date: 16 April 2024
Issue publication date: 12 November 2024
Abstract
Purpose
This study aims to explore the constructs of spirituality (SP) and entrepreneurial performance (EP) and their measurements to identify their connections. Attending to the needs of entrepreneurs to face the current global crisis, this research establishes a framework that integrates SP to enhance EP.
Design/methodology/approach
This study focuses on a comprehensive literature review and a comparison between constructs to come across with the proposal of a conceptual framework.
Findings
For SP, spiritual well-being was found as a good measure which, to the best of the authors’ knowledge, has never been used in entrepreneurship. EP has been typically measured by economic indicators, but recently, noneconomic benefits and effects on stakeholders have also been considered, so an integrated approach is proposed. The main contribution is a framework called holistic entrepreneurial inventory (HEI), which integrates the main elements of the constructs in a matrix showing their interconnection. It is accompanied by a scorecard for entrepreneurs to identify strengths and weaknesses in SP and EP.
Research limitations/implications
This is a theoretical research and proposal; further empirical research could help confirm the present conceptual findings.
Practical implications
To help entrepreneurs identify the areas where they would like to improve, understanding the connection between SP and EP, which are dynamic states in constant change.
Originality/value
EP has been mainly focused on exogenous causes. The HEI scorecard may give entrepreneurs a different perspective from the innermost part of their being.
Keywords
- Business spirituality
- Spiritual well-being
- Entrepreneurial performance
- Holistic entrepreneur
- Entrepreneurship
- Espiritualidad empresarial
- Bienestar espiritual
- Desempeño emprendedor
- Emprendedor holístico
- Emprendimiento
- Palavras-chave Espiritualidade nos negócios
- Bem-estar espiritual
- Desempenho empreendedor
- Empreendedor holístico
- Empreendedorismo
Acknowledgements
The authors are indebted to Dr John W. Fisher for his substantial help with the analysis. They thank the anonymous reviewers for their insightful suggestions and comments that improved the presentation of this study.
Citation
Rosales, O. and Silveyra, G. (2024), "Holistic entrepreneurial inventory: a framework for the integration of spirituality in entrepreneurial performance", Management Research, Vol. 22 No. 4, pp. 540-563. https://doi.org/10.1108/MRJIAM-09-2023-1457
Publisher
:Emerald Publishing Limited
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