Is there an entrepreneurial culture? A review of empirical research

James Hayton () and Gabriella Cacciotti ()
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James Hayton: Warwick University Business School
Gabriella Cacciotti: Warwick University Business School

No 16, Research Papers from Enterprise Research Centre

Abstract: The literature on the association between cultural values and entrepreneurial beliefs, motives and behaviours has grown significantly over the last decade. Through its influence on beliefs, motives and behaviours, culture can magnify or mitigate the impact of institutional and economic conditions upon entrepreneurial activity. Understanding the impact of national culture, alone and in interaction with other contextual factors, is important for refining our knowledge of how entrepreneurs think and act. We present a review of the literature with the goal of distilling the major findings, points of consensus and points of disagreement, as well as identify major gaps. Research has advanced significantly with respect to examining complex interactions among cultural, economic and institutional factors. As a result, a more complex and nuanced view of culture’s consequences is slowly emerging. However, work that connects culture to individual motives, beliefs and values has not built significantly upon earlier work on entrepreneurial cognition. Evidence for the mediating processes linking culture and behaviour remains sparse and inconsistent, often dogged by methodological challenges. Our review suggests that we can be less confident, rather than more, in the existence of a single entrepreneurial culture. We conclude with suggestions for future research.

Keywords: entrepreneurship; culture; national culture; cultural values; entrepreneurial activity; entrepreneurial cognition (search for similar items in EconPapers)
Pages: 44 pages
Date: 2014-02-01
New Economics Papers: this item is included in nep-cse, nep-ent and nep-sbm
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Citations: View citations in EconPapers (1)

Published in Entrepreneurship & Regional Development, Vol. 25, Nos. 9-10, pages 708-731, 2013.ISSN 0898-5626.

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Persistent link: https://EconPapers.repec.org/RePEc:enr:rpaper:0016

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