Building entrepreneurship: the role of religion

Xiaowu Zhu

Entrepreneurship is a hot topic in management research. It focuses on the relationship between entrepreneurs’ early life experience, religious belief and entrepreneurship. Relevant theories of buddhist philosophy are introduced to reconstruct the existing theory of entrepreneurship by case study of Mr. Cao Dewang, chairman of Fuyao group. Entrepreneurship is the psychological order of values, aspirations and confidence. Early experiences are important for entrepreneurs to establish correct values. Buddhism leads people to seek solutions from the heart and face the world actively. In the face of setbacks and choices, Buddhism helps people to go from selfless to flow and rebuild their inner order. In this study, religious belief is incorporated into the study of entrepreneurship to setup the path how entrepreneurship influences decision-making. In the future, more case studies of entrepreneurs can be conducted to further test and modify it.

Key words: Entrepreneurship; Early experiences; Religious belief; Buddhist philosophy