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Positive influences of 'Buddhism' on successful female entrepreneurs

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  • Navarat Sachayansrisakul

Abstract

This paper investigates how successful female entrepreneurs have applied the Buddhist teachings to their businesses, during the start-ups through to the ongoing business operation. Although Buddhism is a vast literature, this paper only focuses on the Buddhists' five precepts, including no lying, no stealing, no extra marital affairs, no toxics or alcohol consumption and no killing. This paper asked the five interviewees on how they viewed themselves as the practicing Buddhists and how Buddhism influence their choices of their businesses, how they do their pricing, market their products and the results found that Buddhism shape the female entrepreneurs from day to day business operation to an ultimate goal of their businesses. Women were chosen as respondents because it is vital nowadays to acknowledge the important roles of women and the growing numbers of female entrepreneurs. Women in general are believed to have stronger association with any religion.

Suggested Citation

  • Navarat Sachayansrisakul, 2016. "Positive influences of 'Buddhism' on successful female entrepreneurs," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 12(2/3), pages 352-362.
  • Handle: RePEc:ids:wremsd:v:12:y:2016:i:2/3:p:352-362
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    References listed on IDEAS

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    1. Anna, Alexandra L. & Chandler, Gaylen N. & Jansen, Erik & Mero, Neal P., 2000. "Women business owners in traditional and non-traditional industries," Journal of Business Venturing, Elsevier, vol. 15(3), pages 279-303, May.
    2. Levent, T.B. & Masurel, E. & Nijkamp, P., 2002. "Diversity in entrepreneurship: ethnic and female roles in irban economic life," Serie Research Memoranda 0032, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    3. Becker-Blease, John R. & Sohl, Jeffrey E., 2007. "Do women-owned businesses have equal access to angel capital?," Journal of Business Venturing, Elsevier, vol. 22(4), pages 503-521, July.
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