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Spirituality and entrepreneurship: integration of spiritual beliefs in an entrepreneurial journey

Sumayya Rashid (Department of Marketing, Entrepreneurship and Innovation, La Trobe University College of Arts Social Sciences and Commerce, Bundoora, Australia)
Vanessa Ratten (La Trobe University, Melbourne, Australia)

Journal of Enterprising Communities: People and Places in the Global Economy

ISSN: 1750-6204

Article publication date: 25 June 2021

Issue publication date: 29 November 2022

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Abstract

Purpose

The role of spirituality in entrepreneurship is a new area of inquiry that has emerged from different scholarly fields. There is no specific way to study spirituality as it rather depends on the context and influence of religious beliefs. This paper aims to study the integration of spirituality in the entrepreneurial journeys of individual entrepreneurs in Pakistan. Thereby focusing on the factors that set reassurance for entrepreneurs to practice their spiritual beliefs in an emerging market context.

Design/methodology/approach

Using a qualitative research approach and data from entrepreneurs in different businesses, this study examines how entrepreneurs reach the point where they are willing to run their businesses based on their spiritual beliefs. The data analysis technique used to study the entrepreneurs is the Gioia method of analysis, which enables key themes to emerge.

Findings

This study finds that the process through which Pakistani entrepreneurs run their businesses based on spiritual beliefs within their mission and goals can be considered as discerning spiritual beliefs, affirmation of spiritual beliefs and materializing beliefs into action. Each of these spiritual beliefs has been accumulated through lifelong learning and experience in which trust in business relationships is highlighted.

Social implications

The insights of this study can be applied to different entrepreneurial ventures to create a framework of entrepreneurial businesses that incorporate spirituality within their mission and vision statements. It can then be used to design education and training activities for other spiritual entrepreneurs to enable further entrepreneurial development in different communities.

Originality/value

Spirituality can alter the entrepreneurial nature of a business. This means that entrepreneurs who possess high spiritual beliefs can incorporate their spirituality within specific business functions to enable a more positive outcome. This study stands as the first in Pakistan to consider the ways entrepreneurs incorporate their spiritual beliefs in their entrepreneurial journey.

Keywords

Citation

Rashid, S. and Ratten, V. (2022), "Spirituality and entrepreneurship: integration of spiritual beliefs in an entrepreneurial journey", Journal of Enterprising Communities: People and Places in the Global Economy, Vol. 16 No. 6, pp. 876-899. https://doi.org/10.1108/JEC-12-2020-0199

Publisher

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Emerald Publishing Limited

Copyright © 2021, Emerald Publishing Limited

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