Legitimacy of Entrepreneurship  Cover Image
  • Price 4.50 €

Легитимност на предприемачеството
Legitimacy of Entrepreneurship

Author(s): Karamfil Manolov
Subject(s): Philosophy
Published by: Институт по философия и социология при БАН
Keywords: entrepreneurship; legitimacy; inequality; profit; incentive; synergism.

Summary/Abstract: Both positive and negative opinions have accumulated in our country with regard to entrepreneurship, and this indicates that the legitimization of this category of people is a current social problem. In the course of history society has succeeded in civilizing the urge for profit by imposing special social norms (laws, behavior patterns, values, rules) upon market relations, thereby forcing entrepreneurs to legitimize their income and profits in the eyes of society. Legitimacy is derived from the relationship between power and the dependent person. Entrepreneurs are expected to take part in market exchange and to pay taxes and salaries, but they would do so only if it were in their personal interest. Legitimacy also stems from the correlations between profit and incentives. This means the two should always be matched in a way that is acceptable for entrepreneurs. The legitimacy of incentives has provoked great interest among researchers in its purely social aspect. Underlying this legitimacy, however, it is possible to see a connection or mutual dependence of the incentives that is no less important for science. Incentives flow into one another, thereby creating a synergetic effect. The principle of synergism generates mutuality of interests between employees and employers. Through it, both sides stand to win.

  • Issue Year: XXIII/2014
  • Issue No: 4
  • Page Range: 47-57
  • Page Count: 11
  • Language: Bulgarian