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The impact of culture on national prevalence rates of social and commercial entrepreneurship

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  • Diana M. Hechavarría

    (University of South Florida)

Abstract

This cross-cultural study empirically investigates the cultural determinants of macro-level social and commercial entrepreneurship from a new institutional theory perspective. This study investigates if cultural shifts in cultural values, operationalized through the World Values Survey (WVS), impact the prevalence rates of social and commercial entrepreneurship at the national level. Social and commercial entrepreneurship rates are drawn from the 2009 Global Entrepreneurship Monitor (GEM) and aggregated for 53 countries in this cross-sectional analysis using multivariate regression. Findings indicate that traditional societal values positively impact commercial entrepreneurship prevalence rates, but negatively impact social entrepreneurship rates. Furthermore, self-expression societal values positively impact social entrepreneurship prevalence rates.

Suggested Citation

  • Diana M. Hechavarría, 2016. "The impact of culture on national prevalence rates of social and commercial entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 12(4), pages 1025-1052, December.
  • Handle: RePEc:spr:intemj:v:12:y:2016:i:4:d:10.1007_s11365-015-0376-1
    DOI: 10.1007/s11365-015-0376-1
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    2. Patricia Akemi Sakaguti Motoki & Silveli Cristo-Andrade & Fabio Yoshio Suguri Motoki & Emerson Wagner Mainardes, 2022. "The Influence of Culture on Entrepreneurship: Differences Between the Perceptions of Portuguese and Spanish Cultures," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 3002-3028, December.
    3. Song, Changhyeon & Park, Kyung Min & Kim, Yeonbae, 2020. "Socio-cultural factors explaining technology-based entrepreneurial activity: Direct and indirect role of social security," Technology in Society, Elsevier, vol. 61(C).

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