Entrepreneurial Leadership Across Countries: The Role of Informal Institutions

Claudia Felix (), Sebastian Aparicio and David Urbano ()
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Claudia Felix: Tecnológico de Monterrey
David Urbano: Universitat Autònoma de Barcelona

A chapter in Entrepreneurship and Family Business Vitality, 2020, pp 67-83 from Springer

Abstract: Abstract This chapter examines the influence of informal institutions on the probability of becoming an entrepreneurial leader. In this regard, institutional economics is used to frame the hypotheses that relate to environmental factors and entrepreneurial leadership. These hypotheses are tested through logistic regression analysis, using a sample of 67,268 individuals from the World Values Survey (WVS) for 50 countries. The main findings show that informal institutions such as independence, risk-taking, and networking increase the probability of becoming an entrepreneurial leader. Also, networking and religious faith moderate the relationship between independence and entrepreneurial leadership. The contributions of this chapter are both conceptual, regarding development in the field of leadership and entrepreneurship and practices concerning business and education.

Keywords: Entrepreneurship; Leadership; Culture; Institutional economics (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:seschp:978-3-030-15526-1_5

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DOI: 10.1007/978-3-030-15526-1_5

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