Are Entrepreneurs and Managers Different? Values and Ethical Perceptions of Entrepreneurs and Managers

Abstract

Are entrepreneurs different from managers? This has been one of primary research questions in the field of entrepreneurship. This study attempts to examine differences in values and ethical perceptions between the two groups. Differences in values are examined in a more comprehensive values system developed by Schwartz (1992). Differences in ethical perceptions are examined across broader aspects of conducting business. A total of 286 responses are collected using a mail survey. The results indicate systematic differences in values and ethical perceptions between entrepreneurs and managers.