Nursing and business: the new frontier

Area of Science:

• Healthcare Management
• Professional Ethics

Background:

• Professional stewardship in nursing involves preserving and advancing the profession for future generations.
• Effective stewardship requires a comprehensive understanding of the economic marketplace.

Purpose of the Study:

• To underscore the importance of free market principles for nursing professional stewardship.
• To advocate for enhanced understanding of marketplace dynamics within the nursing profession.

Main Methods:

• Conceptual analysis of professional stewardship and free market economics.
• Literature review on nursing's professional obligations and economic engagement.

Main Results:

• Nurses' grasp of free market principles directly impacts their capacity for professional stewardship.
• An improved understanding of the marketplace can foster entrepreneurial and intrapreneurial initiatives in nursing.

Conclusions:

• Integrating free market principles into nursing education and practice is vital for professional growth.
• Enhanced marketplace understanding empowers nurses to strengthen and vitalize the profession.