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The Strength and Persistence of Entrepreneurial Cultures

James Foreman-Peck () and Peng Zhou ()

No E2009/32, Cardiff Economics Working Papers from Cardiff University, Cardiff Business School, Economics Section

Abstract: The twentieth century United States provides a natural experiment to measure the strength and persistence of entrepreneurial cultures. Assuming immigrants bear the cultures of their birth place, comparison of revealed entrepreneurial propensities of US immigrant groups in 1910 and 2000 reflected these backgrounds. According to this test North-western Europe, where modern economic growth is widely held to have originated, did not host unusually strong entrepreneurial cultures. Instead such cultures were carried by persons originating from Greece, Turkey and Italy, together with Jews. The rise of widespread female entrepreneurship provides additional evidence by showing that this trait systematically responded less strongly, but in the same way, to cultural background as did male entrepreneurship.

Keywords: Entrepreneurship; Culture; Migration (search for similar items in EconPapers)
JEL-codes: D01 J15 J23 J61 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2009-12, Revised 2010-08
New Economics Papers: this item is included in nep-cwa, nep-ent, nep-his, nep-mig and nep-soc
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Journal Article: The strength and persistence of entrepreneurial cultures (2013) Downloads
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