Entrepreneurs should act as stewards of entrepreneurial rent. Entrepreneurial rent is the difference between the ex post value of a venture and its ex ante costs. It is the result of competition among buyers and sellers within the market process rather than the sole efforts of the entrepreneur. As a result, entrepreneurs should allocate entrepreneurial rent for the benefit of other market participants rather than consuming it for themselves. The moral obligation to steward entrepreneurial rent is consistent with traditional bases of property rights and the norm of social welfare maximization, and it applies to corporations and their shareholders, as well as individual entrepreneurs.

中文翻译：

---

创业管理：为什么一些利润应该用于造福他人

企业家应该充当企业家租金的管家。创业租金是企业的事后价值与其事前成本之间的差额。它是市场过程中买卖双方竞争的结果，而不是企业家的单独努力。因此，企业家应该为其他市场参与者的利益分配企业家租金，而不是为自己消费。管理企业家租金的道德义务符合传统的产权基础和社会福利最大化规范，适用于公司及其股东以及个体企业家。