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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

Hyun Gyu Oh, Kyoung Ryoul Min, Hwa Yeon Kim and Sung Min Park
IPSA, 2017
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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.

Take-Aways

  • Asian 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 economic growth.
  • Western countries typically define entrepreneurship as it relates to an individual’s efforts in creating and launching a winning business.
  • By contrast, Confucianism focuses on “values of familial respect, hard work, education and the desire for social order rather than individual competition.”

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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