Entrepreneurial Culture and its Effect on the Rate of Nascent Entrepreneurship

Kashifa Suddle, Sjoerd Beugelsdijk () and Sander Wennekers ()
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Sander Wennekers: EIM Business and Policy Research

Chapter Chapter 11 in Entrepreneurship and Culture, 2010, pp 227-244 from Springer

Abstract: Abstract This paper investigates the relationship between entrepreneurial culture and the rate of nascent entrepreneurship. Embedded in trait research, we develop a new composite measure of entrepreneurial culture using data from the World Values Survey. To corroborate the results obtained when regressing this newly developed measure on 2002 levels of nascent entrepreneurship in a sample of 28 countries, we also employ existing indicators of entrepreneurial culture, i.e. McClelland’s N achievement index (The achieving society, Princeton, NJ: D. van Nostrand Company, 1961), Granato et al. Achievement motivation index (American Journal of Political Science, 40(3):604–631, 1996), Lynn’s Competitiveness index (The secret of the miracle economy; different National attitudes to competitiveness and money. Social Affairs Unit, Exeter, 1991), and GLOBE’s (2004) performance orientation measure. In contrast with the existing measures we find a significant positive effect of our new measure of entrepreneurial culture, leading us to (1) discuss the strengths and weaknesses of these existing measures, and (2) interpret the wider implications of our findings for the research into the role of entrepreneurial culture in explaining international differences in entrepreneurship rates.

Keywords: Entrepreneurial Activity; Achievement Motivation; Corporate Entrepreneurship; Global Entrepreneurship Monitor; World Value Survey (search for similar items in EconPapers)
Date: 2010
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Working Paper: Entrepreneurial Culture and its Effect on the Rate of Nascent Entrepreneurship (2007)
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DOI: 10.1007/978-3-540-87910-7_11

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