Abstract

Although the value of entrepreneurship for countries’ development is widely acknowledged, little is known how national culture molds the entrepreneurial behavior of individuals. Research to date has tended to use single indicators of entrepreneurship, as well as inappropriate applications of OLS regression techniques in clustered data. Hence, research still has little to tell in regards to whether the association between cultural characteristics and individual’s entrepreneurship is static or dynamic in nature. In this paper we begin to fill this void. Drawing upon stage-models and process-theories of entrepreneurship, we define the entrepreneurial process as comprised of three stages: nascence, being new and being established in entrepreneurship. We draw upon culture and entrepreneurship theory to outline a conceptual model and derive hypotheses’ from this to articulate the influence of national cultural orientations on different stages of the entrepreneurial process.

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