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Small Bus Econ (2024) 62:1273–1284
https://doi.org/10.1007/s11187-023-00837-4
RESEARCH ARTICLE
Coupling engagement withanalytical rigor: advancing
research onreligion andentrepreneurship using
amechanism‑based approach
MarcusDejardin· BrigitteHoogendoorn· FrankJanssen·
Cornelius A.Rietveld· ElcovanBurg
Accepted: 24 October 2023 / Published online: 10 November 2023
© The Author(s) 2023
Abstract Secularization processes alongside sup-
posed tensions between science and religion may
partly explain the slow development of literature on
the relationship between religion and entrepreneur-
ship. Nevertheless, the overwhelming number of sub-
missions we received for the present special issue of
Small Business Economics suggests a profound inter-
est in this topic by researchers from all around the
globe. In many of these submissions, the researcher’s
own personal values or beliefs explicitly or implicitly
motivated the research question, shaped the research
design, and steered the interpretation of outcomes –
regrettably, although this engagement often being at
the expense of the study’s analytical rigor. We explain
how the Weberian distinction between value-neutral-
ity and value-relevance can help to increase the rigor
of studies on the relationship between religion and
entrepreneurship. Moreover, we propose a mecha-
nism-based approach to explain and test the multiple
interrelationships between religion and entrepreneur-
ship because such mechanisms are often assumed
rather than empirically tested. By drawing on and
extending Saroglou’s religious dimensions model, we
structure potential mechanisms between religion and
entrepreneurship as well as between entrepreneurship
and religion.
Plain English Summary How can religion be so
central to the everyday lives of most people around the
globe yet receive so little attention in entrepreneurship
research? The overwhelming response to the call for
papers in this special issue of Small Business Economics
on the relationship between religion and entrepreneur-
ship suggests that it is not a lack of interest in the topic
that explains the slow development of the literature.
Rather, it seems that the researcher’s engagement with
the topic often has a bearing on the analytical rigor of the
study. We explain how the Weberian distinction between
value-neutrality and value-relevance can help to increase
the rigor of studies on the relationship between religion
and entrepreneurship. Value-neutrality emphasizes the
importance of maintaining impartiality in social research,
including the study of beliefs and religion, while
M.Dejardin
Université de Namur, Namur, Belgium
e-mail: marcus.dejardin@unamur.be
M.Dejardin· F.Janssen
Université Catholique de Louvain,
Ottignies-Louvain-La-Neuve, Belgium
e-mail: frank.janssen@uclouvain.be
B.Hoogendoorn· C.Rietveld
Erasmus University Rotterdam, Rotterdam,
TheNetherlands
e-mail: bhoogendoorn@ese.eur.nl
C. Rietveld
e-mail: nrietveld@ese.eur.nl
E.vanBurg(*)
Vrije Universiteit Amsterdam, Amsterdam,
TheNetherlands
e-mail: elco.van.burg@vu.nl
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value-relevance means that values, including religious
values, may be present in the choice of research topics.
Moreover, we argue for a closer examination and analysis
of mechanisms to advance the study of interrelationships
between religion and entrepreneurship because such
mechanisms are often assumed rather than empirically
tested. We also contribute to current and future research
by offering a framework explaining the different ways in
which religion and entrepreneurship are interrelated.
Keywords Religion· Entrepreneurship·
Mechanisms· Values
JEL Classification A13· L26· Z12
1 Introduction
Religion is “one of the most pervasive and central
topics in society” (Smith etal., 2019, p. 1). Although
secularization theory (Swatos & Christiano, 1999)
predicts that religion would become less important
as human development progresses, religions show
persisting and even growing importance (Neubert,
2019). Currently, more than eight in ten people
belong to a religion globally (Pew Research Center,
2018). With the exception of Western Europe, the
world has remained very religious, as evidenced, for
instance, by the rise of evangelical movements in the
USA, Africa, Latin America, and Asia, the increased
spread of Islam in Southeast Asia and Europe, and
the religious resurgence in Eastern Europe and Russia
since the fall of the Soviet Union.
Throughout the history of thinking about eco-
nomics and business, seminal thinkers have paid
attention to the interrelationship between religion,
business, and economics (Iannaccone, 1998). In
the Wealth of Nations (1776), Adam Smith already
looks at the economic consequences of religious
beliefs and the motivations of clergy. Marx points
out that religion and economics are deeply linked
(Raines, 2002), while the question of institutions,
including religion, and economic processes is
examined by new institutional economics (North,
1990). Notably, in Weber’s work (Weber, 1930),
Protestant beliefs and practices are considered to
produce a “capitalist” spirit driven by a vocation
or calling (serving God through work). Despite the
importance of religion for many around the globe,
religion is relatively neglected in economics and
business research in general (Chan-Serafin et al.,
2013) and in entrepreneurship research in particu-
lar (Busenitz & Lichtenstein, 2019; Henley, 2017;
Smith et al., 2019). According to Gümüsay (2015,
p. 199), “Religion is like an elephant in the room:
impossible to overlook, yet largely ignored.”
An important explanation for the relatively small
body of literature linking religion and entrepreneur-
ship pertains to the perceived tensions between sci-
ence and religion (Busenitz & Lichtenstein, 2019;
Smith etal., 2023a, 2023b). Secularization marginal-
izes religion as a private or non-political concern. For
over a century, a dominant assumption among social
scientists is that secularization is strongly associated
with modernization, with religion being a remainder
of a “pre-scientific” time (Ianaccone, 1998). For that
reason, Durkheim, Weber, and Marx, among others,
predicted that religion would become marginalized in
modern societies (Ebaugh, 2002). “If religion is on its
way out in modern, industrial societies, why should
social scientists take it seriously in their explana-
tory models of contemporary societies?” (Ebaugh,
2002, p. 387). This frame discouraged research on the
relationship between religion and entrepreneurship,
among others, by making it difficult to publish on this
theme (Smith et al., 2019; Tracey & Philips, 2014).
Although we see an increase in the number of publi-
cations on this topic (for a recent bibliometric over-
view, see Block etal. (2020)), the development of this
literature is indeed rather limited and slow.
Nevertheless, we noticed huge enthusiasm for stud-
ying the interrelationship between religion and entre-
preneurship after publishing the call for papers for the
present special issue of Small Business Economics.
We received almost 100 proposals as initial expres-
sions of interest, suggesting that the explanation for
the scarcity of studies does not lie in the perceived
tensions between science and religion, discouraging
researchers to study this topic. Furthermore, what we
noticed in many submissions is that the authors’ own
personal values or beliefs were explicitly or implic-
itly used to motivate their study on the relationship
between entrepreneurship and religion. These beliefs
sometimes even steered the research process or inter-
pretation of outcomes at the expense of the study’s
analytical rigor.
This latter observation raises an important ques-
tion for studying the relationship between religion
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and entrepreneurship: Should scientific neutrality
preclude researchers from following their personal
beliefs and values in the context of their profession or,
more specifically, from using these beliefs and values
to shape research? Based on the Weberian distinction
between value-neutrality and value-relevance that we
describe in more detail in the “Value-neutrality and
value-relevance” section, we argue that the answer
to this question is “no.” That is, we stress the impor-
tance of maintaining impartiality in social research
(value-neutrality), but values and beliefs, including
religious values and beliefs, may certainly impact the
choice of research topics (value-relevance).
Subsequently, in the “Mechanisms” section, we
outline how a mechanism-based approach can fur-
ther foster theorizing and understanding relationships
between religion and entrepreneurship. Mechanisms
can be used to bridge different research traditions
and perspectives, but are often assumed rather than
empirically tested in research on religion and entre-
preneurship. We draw on and extend Saroglou’s
(2011) religious dimensions model to structure poten-
tial mechanisms between religion and entrepreneur-
ship as well as between entrepreneurship and religion.
The “Articles in this special issue” section intro-
duces the four papers in this special issue. Finally, in
the “Conclusion” section, we provide a conclusion
including a table based on the framework developed
in the “Mechanisms” section with research questions
that can be addressed in future studies.
2 Value‑neutrality andvalue‑relevance
The principle of scientific neutrality can be traced
back to the works of Bacon (1620), Descartes (1637),
Hume (1739), as well as, more recently, Popper
(1959), Kuhn (1962), and Feyerabend (1975). Scien-
tific neutrality refers to the ability of researchers to
remain objective, impartial, and free from personal
biases or external pressures that could influence their
research results (National Academy of Sciences,
National Academy of Engineering, and Institute of
Medicine, 1995). It involves transparency, objectiv-
ity, and accountability in the research process as well
as acknowledging and addressing potential sources of
bias or conflicts of interest that may affect research
outcomes. Scientific neutrality aims at ensuring the
integrity and credibility of research findings, as it
helps to prevent the results from being influenced by
factors that could compromise their accuracy or reli-
ability (Ioannidis, 2005; Kuhn, 1962). Using rigorous
research methods, being transparent about these, and
minimizing personal biases are also deemed critical
for building trust between researchers and the public
(Kitcher, 2001).
In this context, the term axiological neutrality
is often used, referring to the ability of researchers
to maintain impartiality with respect to values and
ethical issues in their research (Kitcher, 2001). Axi-
ological neutrality aims at ensuring that research is
not used to support one’s beliefs or preferences, or
specific political or social agendas. Yet, axiological
neutrality is not easy to attain, especially in the social
sciences and humanities, because funding sources,
institutional norms, and personal beliefs and values
inevitably affect a researcher’s ability to remain neu-
tral. Personal values and biases are deeply ingrained
and can be difficult to recognize and eliminate. Con-
sequently, the concept of axiological neutrality is crit-
icized because values and beliefs cannot be entirely
separated from research (Longino, 1990).
Axiological neutrality is often attributed to Weber
(see, for example, Vandenberghe (2017)) despite
never having used the term himself. Actually, Weber
differentiates between value-neutrality and value-
relevance, thus addressing the criticism aimed at axi-
ological neutrality. Weber (1949) develops the idea of
value-neutrality (Wertfreiheit) in social sciences and
argues that social scientists must seek to be value-
neutral in their research and teaching, meaning that
they should avoid imposing their personal values or
beliefs. Their personal values should not influence the
research process or outcomes, and they must be aware
of their own values in their scientific work in order to
minimize biases that could result from their inherent
value judgments. This does not mean that research-
ers may not have personal opinions or values, whether
political, social, religious, or esthetic, but they must
try to avoid the risks of hidden imposition of personal
opinions. Researchers cannot instrumentalize facts, as
that is incompatible with the fundamental objective
of science to establish reliable knowledge of observ-
able phenomena. Therefore, it is in the formulation of
conclusions, and not in the choice of a subject or data,
that value judgments must be absent.
The requirement of value-neutrality does thus
not prevent a researcher from having values. On the
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contrary, Weber (1949) did not believe that social
science research could ever be completely value-free
and instead referred to value-relevance (Wertbezo-
genheit), which is the recognition that certain values
and beliefs may be relevant to the research question
and may shape the social phenomena being studied.
Value-neutrality, on the other hand, concerns the non-
imposition of researchers’ own values and beliefs on
the research process or outcomes. Weber also empha-
sized the need for researchers to be aware of their val-
ues and to be transparent about how their values may
influence their research findings. An example is found
in his work on the Protestant Ethic and the Spirit of
Capitalism (1930), where he acknowledges that his
own values and biases may have influenced his inter-
pretation of historical data, but he also emphasizes
the need for transparency in his research process. His
analysis is not meant to be a judgment on the moral
or ethical value of Protestant beliefs or any other reli-
gious or cultural tradition but aimed at examining
the social and historical factors that led to the rise of
capitalism.
Thus, overall, value-neutrality emphasizes the
importance of maintaining impartiality in social
research, including the study of beliefs and religion,
while value-relevance means that values, includ-
ing religious values, may be present in the choice of
research topics. In this view, science and religion are
certainly not incompatible. Importantly, this view reso-
nates in more recent perspectives in the philosophy of
science, such as in the works of Lakatos (1970, 1978),
recognizing that values can influence the choice of
research problems and the direction of research pro-
grams, rightfully motivating researchers to question
certain problems rather than others. However, Lakatos
also stresses that values can be problematic if they lead
to the suppression of evidence or the rejection of alter-
native hypotheses (Laudan, 1981).
3 Mechanisms
Thus, religion is a perfectly suitable research object in
entrepreneurship, with the values and beliefs of entre-
preneurship researchers legitimately shaping their
research questions. In fact, Dyck and Purser (2019,
p. 265) note that “more than 80% of professors in the
United States self-identify as spiritual persons, and
that 60% of business professors believe that faculty
members’ spiritual dimensions should have a place
in their academic work (Astin etal., 2006).” Within
management research, entrepreneurship is identified
as one of the most promising fields for studying its
interactions with religion (Tracey, 2012). Religion
can influence engagement in entrepreneurship and
entrepreneurial decision-making in multiple ways.
Conversely, entrepreneurship may also influence
religion and/or religious practices. To obtain a com-
prehensive explanation of the relationships between
religion and entrepreneurial outcomes, we take a
mechanism-based approach.
Mechanisms explain “why a certain outcome is pro-
duced in a particular context” (Van Burg & Romme,
2014, p. 373). Mechanisms are powerful analytical tools
(Hedström & Ylikoski, 2010), as they function as mid-
range theories (Merton, 1968) that are rather agnostic
regarding ontological assumptions about the nature of
social action (Gross, 2009) and, thus, can help to bridge
different research traditions and perspectives. Moreover,
mechanisms serve to integratively describe both positive
and negative outcomes of social (inter)action (Van Burg
& Romme, 2014), thus helping to understand and theo-
rize about the variety of relationships between religion
and entrepreneurship.
Here, we describe mechanisms that first explain the
relationship between religion and entrepreneurial out-
comes, but that also, in turn, clarify how entrepreneurship
may influence religion or religious behaviors. In describ-
ing these mechanisms, we consider not only religion as
an affiliation but also religiosity, referring to the degree
to which people engage in their religion, whether through
personal devotion or institutional participation (Hackney
& Sanders, 2003). Religiosity is shown to affect entrepre-
neurial intentions differently across religions (Giacomin
et al., 2023): The more religious people are, the more
likely it is they will be acting according to their values
and beliefs. In the same vein, the extent of engagement
in nontheistic religions, atheism, or agnosticism may also
have a bearing on these mechanisms (Block etal., 2020;
Giacomin etal., 2023).
It is important to note that in the existing literature on
the relationship between religion and entrepreneurship,
such mechanisms are often assumed, rather than empir-
ically measured and tested. For instance, when studying
the relationship between religion and entrepreneurial
performance, often only religion and performance are
measured, but not the mechanism that explains how
religion leads to performance (e.g., through religious
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motivations for hard and disciplined work, as Weber
suggests). We structure these mechanisms, building
on Saroglou’s (2011) framework that describes four
basic interrelated, yet distinct, dimensions of religion:
believing, bonding, behaving, and belonging. These
dimensions reflect four psychological processes: cog-
nitive, emotional, moral, and social, respectively. This
framework has been used before in research on entre-
preneurship and religion (e.g., Giacomin et al., 2023;
Hoogendoorn et al., 2016). By additionally projecting
these dimensions onto entrepreneurship, we use them
to classify mechanisms linking religion and entrepre-
neurship, and vice-versa. A graphical summary of the
mechanisms described in the next subsections is pro-
vided in Fig.1.
3.1 Believing
Believing is considered the basic and universal compo-
nent of any religion, referring to a set of beliefs that are
held about the transcendental (Saroglou, 2011).
3.1.1 Religion-entrepreneurship: distinct
entrepreneurial knowledge
Transcendental beliefs constitute distinct ways of
knowing in religion, with cognitive sources that are
considered to be the “truth” and outside direct human
control. This is sometimes referred to as spiritual
capital, i.e., “the set of personal, intangible, and trans-
cendent resources that emanate from an individual’s
spiritual or religious beliefs and experiences and may
be used in economic activity” (Neubert etal., 2017, p.
622). Thus, in relation to entrepreneurship, believing
relates to entrepreneurial cognition, forming distinct
ways of perceiving entrepreneurial opportunities,
for instance, as divine revelation or consciousness
(Chiles et al., 2021), along with special confidence
as such knowledge may be perceived as transcend-
ing human boundaries of knowing, including toward
the future (Busenitz & Lichtenstein, 2019). Believ-
ing may also impact how means are perceived and
framed, with religious entrepreneurs potentially con-
sidering more extensive resource positions (see Dol-
mans etal. (2014)), including transcendental means.
Judge and Douglas (2013) also stress religion’s
importance in assisting entrepreneurs to deal with
resource-scarcity, overcome apparently unsurmounta-
ble obstacles, and identify opportunities. Such beliefs
could then translate into greater confidence to engage
in self-employment, as indicated by the positive rela-
tionship between believing and self-employment rates
(Hoogendoorn etal., 2016). Moreover, believing may
increase perseverance because entrepreneurs believe
they have found their path, obtain the necessary
answers along the way, and are at peace with where
the path is leading (Ganzin etal., 2020; Smith etal.,
2021). Ultimately, it might even lead to increased
Fig. 1 Linking religion and entrepreneurship through the dimensions of believing, bonding, behaving, and belonging: main mechanisms
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entrepreneurial performance, as Neubert etal. (2017)
find that spiritual capital is associated with positive
entrepreneurial outcomes such as trust, growth in
number of employees, and total sales. Beliefs may
also result in a tendency to engage in greater risk-tak-
ing behavior (Liu etal., 2019), although others find
that religious orthodoxy is instead associated with
risk-aversion (Ferguson etal., 2014).
3.1.2 Entrepreneurship-religion: sharing religious
beliefs
Entrepreneurs may use their entrepreneurial practices
to share religious knowledge, thus influencing reli-
gion and religiosity (Smith etal., 2019). Such sharing
can be rather implicit but also rather open and trans-
parent, like in the broader “faith at work movement,”
aimed at inspiring and empowering Christians to use
their work in line with God’s purpose (Miller, 2007).
Relatedly, in programs like “Business for Missions,”
students are trained to have a social impact and also
evangelize through entrepreneurship (Beckwith,
2016). Another famous example is American Pat
Robertson (1930–2023), a minister, religious broad-
caster, author, and former presidential candidate who
“built an entrepreneurial empire based on his faith”
(Martin, 2023) including a cable channel called the
Christian Broadcasting Network, a university, a law
school, and several international relief organizations.
3.2 Bonding
Bonding refers to the emotional dimension of reli-
gion, through which people feel connected to
the “transcendent,” to others, and to their selves
(Saroglou, 2011). Such connectedness is often formed
and expressed through practicing rituals, including
prayer.
3.2.1 Religion-entrepreneurship: distinct
commitment
In a work context, bonding can be experienced as
a calling when people feel connected to a higher
summons and, in turn, have a distinct commit-
ment to pursue certain goals (Duffy & Dik, 2013;
Faletehan etal., 2021). For entrepreneurship, this
can lead to a special commitment to their course
of action, often related to pursuing pro-social or
sustainable goals through their venture (Rietveld
& Van Burg, 2014; Smith et al., 2019). At the
same time, entrepreneurs who feel connected to
God’s plan for their lives may perceive business
failure differently and find setbacks as less dev-
astating (Ganzin etal., 2020; Smith etal., 2021).
For instance, the belief in God-giving strength
may serve to cope with adversities (Drumm etal.,
2014; Sullivan, 2006). Altogether, bonding may
form a religious identity that next influences
entrepreneurial endeavors as well as collaboration
and market outreach (Smith et al., 2019, 2023a,
2023b). For instance, Essers and Benschop (2009)
describe how some female Muslims use their reli-
gious identity to signal their ethics in doing busi-
ness. Moreover, Smith et al. (2023b) find that
religious entrepreneurs have a relational identity
with God that may conflict with their entrepre-
neurial identity. Over time, these entrepreneurs
often develop a sense of stability between these
two identities, leading to increased resilience, risk-
taking, mental health, and well-being.
3.2.2 Entrepreneurship-religion: serving
andhonoring
Entrepreneurship is seen by some entrepreneurs
as a duty to their family, community, and God
(Balog et al., 2014) and as a means to serve and
honor God or gods (Smith et al., 2019). In this
way, it becomes a form of bonding in a religious
way. That is, entrepreneurship becomes a means to
practice religion, often not primarily nor for imme-
diate spiritual gain but out of gratitude (Neubert
et al., 2014). Entrepreneurship and work broadly
have innate value, but their ultimate value is then
seen as serving God (Keller & Alsdorf, 2012).
Furthermore, research also shows that individuals
sometimes report engaging in entrepreneurship in
order to be able to practice their religion, like in
halal-based businesses, for instance (Gaillard &
Mazari, 2021).
3.3 Behaving
Behaving is particularly concerned with instilling and
prescribing morality, setting specific norms about
right and wrong behavior (Saroglou, 2011).
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3.3.1 Religion-entrepreneurship: distinct values
andbehavioral norms
Religion can be the basis of cultural value systems that
impact attitudes toward entrepreneurship (Henley, 2017).
Religion may just directly impact not only the behavior of
its believers but also the larger community indirectly, as it
is part of a country’s institutions, which means that even
non-religious people are influenced by religious values
(Dana, 2009; Zelekha etal., 2014). The legal system of
a country can be influenced by beliefs and impact entre-
preneurship by, for example, being supportive, or not, of
private property rights (Henley, 2017). Culture, including
religion, is also central in explaining variations in eco-
nomic activity across regions within the same country
(Audretsch etal., 2017). The specific values of a religion
even influence economic development (Kuran, 1997).
Furthermore, if a religion has a founder or a role model
who favored entrepreneurship, his/her followers could
be encouraged to follow the same path (Audretsch etal.,
2013). In some countries, like Congo, religious beliefs
and practices cannot be viewed as disconnected from
society and organizations, but intermingle constantly
(Balemba etal., 2021). Values and norms, shaped by reli-
gion, are regularly studied (see Rietveld & Hoogendoorn,
2022), suggesting a higher propensity to engaging in
entrepreneurial (capitalistic) behavior due to an empha-
sis on hard work (as originally posited by Weber (1930);
and later shown by others, e.g., Hoogendoorn etal. (2016)
and Parboteeah et al., (2015)). Coping with challenges
and demonstrating courage are also considered virtues
in Catholicism. As many point out, religious beliefs may
also encourage individuals to run value-driven businesses,
such as more sustainable businesses (e.g., Graafland,
2017; Rietveld & Van Burg, 2014; Mazereeuw-Van der
Duijn Schouten et al., 2014) or social entrepreneurship
(Cater etal., 2017). Contributing to such goals, even if not
necessarily financially attractive, may be seen as equally
rewarding, potentially with transcendental rewards
(Faletehan & Van Burg, 2023; Gümüsay, 2018). Many
social entrepreneurial ventures were indeed founded by
religious individuals or organizations (Tracey, 2012).
3.3.2 Entrepreneurship-religion: entrepreneurial
religious practice
Addressing the entrepreneurship-religion inter-
face, researchers have most frequently, although still
rather limited, explored how entrepreneurial behavior
influences religious practices. An exemplary study is
by Pearce etal. (2010), who show that entrepreneurial
orientation behaviors positively influence the mem-
bership growth of religious congregations as well as
the donations to these congregations. Similarly, oth-
ers show that entrepreneurial behavior can benefit
religious institutions (e.g., Anggadwita etal., 2021).
These practices also raise issues of mission drift
related to organizational hybridity caused by compet-
ing spiritual, social, and business-like missions (Gun-
dolf & Sarason, 2021). This might also spill over into
practices that are perceived as questionable, such as
proselytism resulting from growth objectives or being
a purpose per se.
3.4 Belonging
Belonging is essential for any group or community
(Saroglou, 2011). Religion is typically practiced in
religious communities, for instance, around a church,
mosque, or temple. Through religious practices, peo-
ple form strong social capital (Putnam, 2000). While
this is easily observed, it is challenging to differen-
tiate social capital formed through religion from that
formed through other social practices (Saroglou,
2011).
3.4.1 Religion-entrepreneurship: distinct social
capital
Social capital refers to the set of social relationships
along with the norms and trust within these relation-
ships (Elfring et al., 2021). Religion, typically prac-
ticed in communities of faith, is likely to strengthen
all aspects of social capital (Deller etal., 2018; Dodd
& Gotsis, 2007; Hoogendoorn etal., 2016). As such,
social capital formed through religion might form
an otherwise overlooked aspect in entrepreneurial
ecosystems (Spigel, 2017), especially in rather rural,
small-town ecosystems, where one of the strongest
social networks is formed through religious belong-
ing (Deller etal., 2018). More broadly, in the USA,
for example, religious groups are the main source of
social capital (Putnam, 2000). Yet, this social capital
is also bounded by religious practices; small religious
communities might give a rather closed and limited
set of relationships, potentially leading to lock-in or
overembeddedness effects (Van Burg et al., 2022).
Indeed, empirical results show that different religions
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and religious communities have different effects on
entrepreneurship outcomes (Deller etal., 2018).
3.4.2 Entrepreneurship-religion: crafting ways
ofbelonging
Entrepreneurs with strong religious backgrounds
can, through entrepreneurship, craft distinct religious
identities and, thereby, unique ways of belonging
(Essers & Benschop, 2009). For instance, some of the
women in Essers and Benschop’s (2009) study resist
strict sex segregation by emphasizing their work as
a respectful profession and setting their own limits.
Another, and probably more visible, way in which
entrepreneurial practices influence religious ways of
belonging is through movements that make religions
and religious communities more entrepreneurial. For
instance, the establishment of megachurches, largely
driven by entrepreneurial practices, is a way in which
many people are connected in novel ways to religion
(Lineham, 2021). Through entrepreneurship, even
very old religious communities, such as the Francis-
can Mission, craft new ways of belonging to these
communities (Galbraith etal., 2010; Lineham, 2021).
The same applies to the Trappist monasteries, where
the strict application of the rule of Saint Benedict
goes hand in hand with entrepreneurial activities.
This rule rests on three pillars (ora et labora et lege,
i.e., pray and work and read), one of which is work,
often in the form of cheese and beer production and
selling.
4 Articles inthis special issue
First, Nunziata and Rocco’s article, “The Protestant
ethic and entrepreneurship: Inside the black box,”
builds upon two of their earlier papers (Nunziata &
Rocco, 2016, 2018) and examines the cultural and
value dimensions through which Protestantism
impacts entrepreneurship. It looks at historically
determined religious minorities in some regions of the
former Holy Roman Empire. It stresses that minori-
ties are often strongly attached to their religion’s eth-
ics, even more so than non-minorities. The authors
find that Protestantism significantly affects the prob-
ability to be an entrepreneur and that the effect is
relatively more important for larger enterprises. The
effect of Protestantism is mediated by education and
individualism, i.e., a lower preference for following
rules and for being humble, as well as a stronger taste
for an exciting life. Overall, this study expands the
literature on the behaving dimension of the religion-
entrepreneurship relationship in our framework.
Second, in the article “Specifying the role of
religion in entrepreneurial action: A cognitive per-
spective,” Dubard, Barbosa, and Smith show, using
within-subject experiments, that entrepreneurs who
integrate their religious beliefs in their ventures tend
to evaluate opportunities more positively, even in
the face of negatively framed opportunity cues. This
study, drawing on the process perspective of entrepre-
neurial cognition, advances research on the believing
dimension of the religion-entrepreneurship relation-
ship by showing that religious beliefs can help to fos-
ter optimism and cope with uncertainty. The experi-
mental design, which prompted subjects with four
variations of a basic scenario, contributes to the ana-
lytical rigor of the study. Overall, it is a clear example
of how the study of religion fosters moving from an
economic paradigm to a more holistic one.
Third, Jones, Hymer, Roccapriore, and Smith,
in their contribution “Have a little faith in me: How
investors perceive religious claims,” explore the role
of religion in the decision-making process of angel
investors. The study ties into the believing dimension
of the religion-entrepreneurship relationship by test-
ing how the institutional logic of the group of angel
investors (faith-based or market-based) and the indi-
vidual beliefs of the investor relate to the investor’s
perception of the entrepreneur and the venture. Using
scenario-based experiments, results are based on 49
investors affiliated with a faith-based angel group
assessing 196 investor-entrepreneurship combinations
and 56 investors affiliated with a traditional angel
group assessing 204 combinations. The contribution
of this study lies in the role of religion in early-stage
investment decisions characterized by high levels of
unknowable risk. Based on the similarity attraction
paradigm and expectancy violation theory, the study
concludes that the religious claim about a venture’s
mission can appeal to some and repel other inves-
tors. Additionally, faith-driven investors form posi-
tive evaluations of ventures with religious claims only
through perceptions of the entrepreneur.
Finally, focusing on the behaving dimension of
the entrepreneurship-religion relationship, Van Wer-
ven, in the article “Entrepreneurship in religious
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organizations: How the Church of England developed
an entrepreneurial orientation,” analyzes how novel
entrepreneurial initiatives of “churchplants” were
introduced in the Church of England. In particular,
he shows how the discourse about such “fresh expres-
sions” changed an established religious organization.
The findings indicate that, in this setting, an entre-
preneurial orientation materializes through a lengthy,
contested process. Van Werven shows two mutually
reinforcing mechanisms that play an important role in
this process. Polysemy dynamics point out that con-
cepts and words with multiple meanings (e.g., “fresh
expressions”) gave the organization the time to take
its own pace in adapting to, but also slowed down,
the process of becoming more entrepreneurial. The
second mechanism, idea sedimentation, describes the
burying and resurfacing of ideas. Proposals, whether
accepted or rejected by the church leadership, added
to the growing stock of entrepreneurial ideas that
often resurfaced in later stages as proponents of these
ideas could point at ideas that were accepted, or rather
call out the inaction through rejecting prior ideas. In
sum, this study shows that, in this way, resistance
against entrepreneurial initiatives is addressed and
the Church of England was able to progress toward a
comprehensive entrepreneurial orientation.
5 Conclusion
In the development of this special issue on religion
and entrepreneurship, we noticed huge enthusiasm
to further develop the literature on this topic. Never-
theless, the researcher’s engagement with the topic
often came at the expense of analytical rigor. For
this reason, we highlight how the Weberian distinc-
tion between value-neutrality and value-relevance
can help to bring more rigor to this field of research.
While religious values and beliefs are important for
choosing research topics, we emphasize the impor-
tance of maintaining impartiality in the execution of
the study.
Moreover, based on Saroglou’s (2011) religious
dimension model and using a mechanism-based
approach, we provide a framework to theorize and
test relationships between religion and entrepreneur-
ship. Table1 highlights the eight main mechanisms in
this framework (see also the “Mechanisms” section)
and additionally includes general research questions
Table 1 Linking religion and entrepreneurship through the dimensions of believing, bonding, behaving, and belonging: main research questions
The references from the list have been deleted
Dimension Religion → entrepreneurship Entrepreneurship → religion
Believing Distinct entrepreneurial knowledge
How do transcendental “resources” enable as well as hinder entrepreneurial
actions, for instance, with respect to opportunity identification?
Sharing religious beliefs
How do entrepreneurial ideas shape (contemporary) religious beliefs, for instance,
in the context of the so-called “prosperity gospel?”
Bonding Distinct commitment
How does a religious entrepreneur’s commitment enable as well as hinder them
in venturing practices, for instance, when it comes to coping with adversities?
Serving and honoring
How and when does entrepreneurship become a means to serve God or gods, and
how does this impact entrepreneurial practices, in general, as well as in busi-
nesses set up with a specific goal?
Behaving Distinct values and behavioral norms
How do religious values impact new ventures over time, for instance, in terms of
goal-setting?
Entrepreneurial religious practice
How do entrepreneurial practices shape contemporary religious ways of behaving,
for instance, in missionary activities?
Belonging Distinct social capital
What are the positive and dark sides of belonging to religious communities in
relation to entrepreneurial outcomes, and whether this, for instance, differs
across religions and contexts?
Crafting ways of belonging
How do entrepreneurial ways of shaping communities create new ways of con-
necting people to religion, for instance, communities around megachurches?
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to be addressed in future studies. We specifically call
for studies analyzing the entrepreneurship-religion
relationship, as the number of these studies is rather
limited.1
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mons Attribution 4.0 International License, which permits
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