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Entrepreneurial Leadership Across Countries: The Role of Informal Institutions

In: Entrepreneurship and Family Business Vitality

Author

Listed:
  • Claudia Felix

    (Tecnológico de Monterrey)

  • Sebastian Aparicio

    (Durham University Business School)

  • David Urbano

    (Universitat Autònoma de Barcelona)

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.

Suggested Citation

  • Claudia Felix & Sebastian Aparicio & David Urbano, 2020. "Entrepreneurial Leadership Across Countries: The Role of Informal Institutions," Studies on Entrepreneurship, Structural Change and Industrial Dynamics, in: José Manuel Saiz-Álvarez & João Leitão & Jesús Manuel Palma-Ruiz (ed.), Entrepreneurship and Family Business Vitality, pages 67-83, Springer.
    • Handle: RePEc:spr:seschp:978-3-030-15526-1_5
    DOI: 10.1007/978-3-030-15526-1_5
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    Cited by:

    1. Débora Regina Schneider Locatelli & Paulo Jorge Reis Mourão & Rui Silva, 2021. "Lusophone Entrepreneurship: Analysis of Entrepreneurial Behavioural Characteristics in Brazilian and Portuguese Universities," Sustainability, MDPI, vol. 13(8), pages 1-16, April.
    2. Urbano, David & Felix, Claudia & Aparicio, Sebastian, 2021. "Informal institutions and leadership behavior in a developing country: A comparison between rural and urban areas," Journal of Business Research, Elsevier, vol. 132(C), pages 544-556.

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