Entrepreneurship from an Islamic Perspective

Gümüşay, Ali Aslan

doi:10.1007/s10551-014-2223-7

Cited by 193 publications

(210 citation statements)

References 92 publications

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“…This article offers an alternative moral perspective to some of the more commonly held conceptualizations of entrepreneurship by focusing on the nexus of Islam and entrepreneurship, with special attention focused on the role of Islam as a religious discourse. Gümüsay () comments that the Islamic entrepreneurial perspective “is a complex and contested concept based on three interlinking pillars: the entrepreneurial, socio‐economic/ethical and religio‐spiritual” (p. 206). Understanding the interaction of these pillars is critical for understanding the process of modernization in the Muslim world more generally today.…”

Section: Resultsmentioning

confidence: 99%

Islam, entrepreneurship, and embeddedness

Kaminski

Tok

2018

Thunderbird Intl Bus Rev

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This study centers on the premise that entrepreneurship is an embedded process. Although “the entrepreneur” is inherently an “individual,” entrepreneurship can never be fully disembedded from the more general social settings within which any business venture is situated. An Islamic‐based economic discursive framework should be cognizant of the different forms of sociality, spatiality, and community as well as the various norms, codes, and symbols that define society more generally. The work of Karl Polanyi on embeddedness is engaged and juxtaposed with Islam's understanding of the ideal mode of economic discursive practices. Islamic economic models and Polanyi are both critical of the corrosive effects of unbridled capitalism and individualism that ultimately lead to reification and exploitation. The conclusion recommends more small‐N case studies by researchers and entrepreneurial educational materials that emphasize the importance of networks and local embeddedness.

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Section: Resultsmentioning

confidence: 99%

Islam, entrepreneurship, and embeddedness

Kaminski

Tok

2018

Thunderbird Intl Bus Rev

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“…Both verbs translate to "undertake". In a way, the entrepreneur undertakes endeavors that other do not (Gümüsay: 2015). According to Joseph Schumpeter (Alma: 2010), entrepreneurs are people who break the existing economic system by introducing new goods and services by creating new organizational form or processing new raw material.…”

Section: Entrepreneurship In Islam Perspectivementioning

confidence: 99%

“…Entrepreneurship from an Islamic perspective thus contains its own methodology of approaching its understanding. It needs to be comprehended and analyzed holistically containing entrepreneurial pursuit, religiously-shaped values, concrete Islamic obligations, community-influence, scriptual sources and an ecosystem of actors, and institutions which provide an interpretation for this religiospiritual lens (Gümüsay: 2015).…”

Section: Entrepreneurship In Islam Perspectivementioning

confidence: 99%

Zakat Fund As The Starting Point Of Entrepreneurship In Order to Alleviate Poverty (SDGs Issue)

Harahap

2018

GReviewIEB

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As known, Indonesia is a nation with the largerst Moslem society in the world. According to data issued by Bappenas, in 2020 the population of Indonesia is predicted about 271,066,400 people (Bappenas: 2018). 85 percent of this population (ca. 230.406.440 people) are Moslems. It shows the huge potential in the acceptance of zakat fund, as an obligation for a Moslem who has qualified in accordance with the provisions of Islam. Since MDGs declared in 2000 (UNRC: 2008) which contains a commitment to accelerate human development and poverty alleviation (8 goals), Indonesia has a strong commitment to achieve the MDGs targets became one of Indonesia’s main priorities. As a continuation of the MDGs program, in 2015, more than 190 world leaders committed to 17 Sustainable Development Goals (SDGs). In Indonesia, 17 SDGs are grouped into 4 part, one of them is poverty alleviation (UNDP Indonesia: 2018). One of the goals for poverty alleviation is explained with the goal number 8, that is decent work and economic growth. And one of the drivers the existence of decent work and economic growth is the growth of entrepreneurship activities.The growth of entrepreneurship can be implemented with the support of funds. One of them come from the distribution of zakat fund acceptance. By terminology, zakat means a certain amount of property that is required by Allah SWT to be given to the mustahik mentioned in the Qur’an. Or it could also mean a certain amount of certain property given to a particular person (Solihin: 2010). There is a fund transfer from muzaki (zakat payer) to mustahik (zakat recipient).With the transfer of funds, there is an expectation that there will be a better life change for mustahik, so that in time they will be becomes muzaki.This activity is expected to occur continously, forming a circle of increasing goodness. And ultimately will improve society wellbeing. To support this paper, the author use a qualitative methods with secondary datas and supported by Tawhidi String Relation (TSR) theory which includes the method of circular causation and IIE (interaction, integration and evolution) method. Keywords : zakat, entrepreneurship, poverty alleviation, SDGs, TSR

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“…This definition evolves over time along with the dynamics of economy and business around the world. Recently, entrepreneur is defined as a person who exploit opportunities, often through the re-combination of existing resources, and on the other hand also endure uncertainty in the implementation (Gümüsay, 2014). According to Nadim and Singh (2011), entrepreneurs are the ones who act based on their creative ideas.…”

Section: Entrepreneurship Conceptmentioning

confidence: 99%

The Role of Entrepreneurship Education in Cultivating Student’s Entrepreneurial Intention

Putra

Tridayanti

Sukoco

2018

ijebd

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Purpose: This research seeks to prove whether entrepreneurship education can significantly grow student's entrepreneurial intention. The approach of theory of planned behavior (TPB) is used to examine whether the effect of entrepreneurship education on student's entrepreneurial intention initially goes through attitude variables, subjective norms, and perceptions about behavioral control first. The population of this study is the students of Narotama University who were taking the course of Strategic HR Management in the odd semester of 2017/2018. Data was analyzed using path analysis method. The result shows that entrepreneurship education has no direct effect on student's entrepreneurial intention. As for the three elements of TPB, only attitude variable which is able to significantly mediate the influence of entrepreneurship education on student's entrepreneurial intention.Design/methodology/approach: In this research, data in the form of respondents' perceptions were analyzed quantitatively using path analysis method.Findings: Entrepreneurship education has no direct effect on student's entrepreneurial intention and solely mediated by attitude of the students in order to effectively influence their entrepreneurial intention. Research limitations/implications:In this research, entrepreneurship education is seen from the learning process in one course only, not viewed holistically starting from a policy making process at the top management level of the university, the preparation of an integrated entrepreneurship curriculum, to its implementation in the learning process in each course. Also, the family background of each student was not considered as one of the determinants of their entrepreneurial intention. Practical implications: There is a need to increase affective content so that a stronger persuasive ability will be established among students to influence the norms in their social environment. Addition in psychomotor content is also needed to form more positive perception about students' competence in doing entrepreneurial activity. Originality/value: This research combines the study of entrepreneurship education with the latest development in TPB study. This research also focuses on a population of students who are taking a certain course. Thus, the components in a learning process can be better observed.

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Entrepreneurship from an Islamic Perspective

Cited by 193 publications

References 92 publications

Islam, entrepreneurship, and embeddedness

Islam, entrepreneurship, and embeddedness

Zakat Fund As The Starting Point Of Entrepreneurship In Order to Alleviate Poverty (SDGs Issue)

The Role of Entrepreneurship Education in Cultivating Student’s Entrepreneurial Intention

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