Entrepreneurship and the phenomenon of risk: organizational and sociocultural peculiarities of the definition of risk in economic space
Abstract.This article attempts to present a philosophical criticism of the phenomenon of risk in entrepreneurship, considering two historically established approaches: economic-management (risk management) or organizational-analytical, and sociocultural (risk as a structure of public expectation). The subject of this research is the concept of “risk” related to the categories of uncertainty, danger, probability and possibility. The general perspective of philosophical understanding of this phenomenon is presented. The object of this research is the sphere of entrepreneurship, mostly independent, private entrepreneurship, which over the past two decades marks rapid growth of investments. The author explores the following aspects: 1) economic structure of the spontaneously generated order; 2) organizational importance of risk management; 3) structure of public expectation of risk as uncertainty or danger, associated with entrepreneurship; 4) description of positive and negative implication of the concept of risk. Comprehensive articulation of the phenomenon of risk in modern society is realized through philosophical generalization of economic importance of the spontaneously generated order (Friedrich Hayek), which contributes to proliferation of entrepreneurship, and allows revealing positive trend in acceptance of risk in modern society via sociological analysis. The scientific novelty consists in determining that the various classifications of the objects of risk in the context of economic-management (organizational) approach are based on the classical definition of market and market relations; this results in the positive meaning of competition and constantly growing employment index in business sector. Having analyzed multiple approaches toward risk situations and phenomenon of uncertainty, the author presents an original approach towards classification of the types of societies depending on acceptance/non-acceptance of the phenomenon of risk.
Keywords: Ñompetition, Innovative Society, Management, Order, Socio-cultural characteristics, Economic space, Entrepreneurship, Risk, Market relations, Social philosophy
Article was received:24-07-2019
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