Entrepreneurship culture: Aggregate trait or collective programming of the mind?

Michael Stützer

No 176, Ilmenau Economics Discussion Papers from Ilmenau University of Technology, Institute of Economics

Abstract: The answer is yes to both. For decades, research on entrepreneurship culture has relied on two competing theoretical foundations for the important concept of entrepreneurship culture. One camp views entrepreneurship culture as an aggregate of personality traits conducive for entrepreneurship. The other camp applies Hofstede's (1980) definition of culture as 'collective programming of the mind' towards entrepreneurship (e.g., Beugelsdijk, 2007, Hofstede et al., 2004; Stephan and Uhlander, 2010). In this paper I present empirical evidence that measures of entrepreneurship culture reflecting both approaches explain entrepreneurial intentions and action. Entrepreneurship culture is thus both - an aggregate personality trait and a collective programming of the mind.

Date: 2023
New Economics Papers: this item is included in nep-ent, nep-evo and nep-sbm
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