IDEAS home Printed from https://ideas.repec.org/a/lum/rev3rl/v13y2022i1p267-290.html
   My bibliography  Save this article

Personal Responsibility as a Problem of Development of Postmodern Society

Author

Listed:
  • Olha Palamarchuk

    (Vinnytsia ?ykhailo Kotsiubynskyi State Pedagogical University, Vinnytsia)

  • Tetiana Fasolko

    (Taras Shevchenko Regional Humanitarian-Pedagogical Academy of Kremenets)

  • Tetiana Botsian

    (Zhytomyr Ivan Franko State University)

  • Kateryna Kashchuk

    (Zhytomyr Ivan Franko State University)

  • Inna Klimova

    (Zhytomyr Ivan Franko State University)

  • Svitlana Bezchotnikova

    (Mariupol State University)

Abstract

Considering entrepreneurial activity from the psychological perspective, primarily it is worth to give an answer to the question of what fundamental, ultimate purpose of entrepreneurship is. In the conceptual and theoretical aspect, two opposite points of view are distinguished: the first recognizes focusing of the entrepreneurship mainly on profit subject to obeying existing laws, the second considers business entities as members of society, who bear personal responsibility to society for their behaviour. However, since laws cannot cover all life events, entrepreneurs are obliged to comply with the requirements of the rules of socially responsible behaviour in order to maintain a society based on order and legality. Scientists identify a number of stages that the company goes through before realizing: corporate social responsibility is a tool for creating new value. The first step to the introduction of strategic innovations in companies is to harmonize compliance with the law. Actually, a social company should do this by definition. The second step is when companies begin to realize the need to engage in strategic philanthropy. Thus, corporate funds are established. The third stage is to create mechanisms of self-regulation based on values. The next stage is the direct material benefits from strategic innovations. This is most often the result of increased efficiency. At the last stage, conceptually new products are created, new markets are opened. It is important that strategic innovations through social responsibility are mostly aimed at creating new products and services and are a source of income.

Suggested Citation

  • Olha Palamarchuk & Tetiana Fasolko & Tetiana Botsian & Kateryna Kashchuk & Inna Klimova & Svitlana Bezchotnikova, 2022. "Personal Responsibility as a Problem of Development of Postmodern Society," Postmodern Openings, Editura Lumen, Department of Economics, vol. 13(1), pages 267-290, January.
  • Handle: RePEc:lum:rev3rl:v:13:y:2022:i:1:p:267-290
    DOI: https://doi.org/10.18662/po/13.1/396
    as

    Download full text from publisher

    File URL: https://lumenpublishing.com/journals/index.php/po/article/view/3872/3452
    Download Restriction: no

    File URL: https://libkey.io/https://doi.org/10.18662/po/13.1/396?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    entrepreneurial activity; profit orientation; responsibility to society; American model; European model; social entrepreneurship;
    All these keywords.

    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I2 - Health, Education, and Welfare - - Education
    • O0 - Economic Development, Innovation, Technological Change, and Growth - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lum:rev3rl:v:13:y:2022:i:1:p:267-290. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Antonio Sandu (email available below). General contact details of provider: https://lumenpublishing.com/journals/index.php/po/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.