Humane Entrepreneurship: How Focusing on People Can Drive a New Era of Wealth and Quality Job Creation in a Sustainable World

Abstract

During the next 15 years, 40 million jobs need to be created each year in order to keep pace with population growth and foster greater participation of small and medium‐sized enterprises (SMEs) in a globally integrated economy. Our paper proposes a new theory that integrates the sustainable use of natural resources, better use of produced capital, and further investment in human capital. Our new theory, Humane Entrepreneurship (HumEnt), encompasses three key research domains: Entrepreneurship, Leadership, and Human Resource Management. The HumEnt theory presents a new perspective on how to create 40 million quality jobs each year and helps address global challenges.

Additional information

Notes on contributors

Ki‐chan Kim

Ki‐Chan Kim is Professor of Entrepreneurship and Innovation at The Catholic University of South Korea.

Ayman Eltarabishy

Ayman ElTarabishy is Professor of Management at the School of Business, the George Washington University.

Zong‐tae Bae

Zong‐Tae Bae is Professor of Management at the Korea Advanced Institute of Science & Technology (KAIST), South Korea.