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Culture and entrepreneurial dynamics in middle-income countries: unlocking opportunities in the startup scene.
Título de la revista
Autores
Sáenz Mora, Lizeth Alejandra
Fecha
2023-06-30
Directores
Vollaard, Ben
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Editor
Universidad del Rosario
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Resumen
The main objective of this study is to investigate how the cultural value placed on individual success, self-sufficiency, and individual responsibility, influence the startup rate across middle-income countries. We found a positive relationship between this values and startup rates.
Abstract
Startups drive economic growth, job creation, and technological advancement. They disrupt industries, introduce new products, and boost productivity. Understanding startup dynamics, culture, and entrepreneurship is crucial for researchers, policymakers, and business leaders. People’s different beliefs and views of entrepreneurial opportunities are deeply rooted in cultural factors because culture plays a significant role in shaping individuals’ beliefs and cognitive frameworks. The main objective of this study is to investigate how the cultural value placed on individual success, self-sufficiency, and individual responsibility, influence the startup rate across middle-income countries. We found a positive relationship between this values and startup rates. Despite the challenges and limitations often associated with middle-income status, our results suggest these countries exhibit certain special characteristics that can be conducive to foster entrepreneurial activity in the startup scene.
Palabras clave
cultura , emprendimiento
Keywords
culture , entrepreneurship
