The effect of social, cultural, and economic factors on entrepreneurship

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Castaño Martínez, María Soledad and Méndez Picazo, María Teresa and Galindo Martín, Miguel Ángel (2015) The effect of social, cultural, and economic factors on entrepreneurship. Journal of Business Research, 68 (7). pp. 1496-1500. ISSN 01482963

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Official URL: http://dx.doi.org/10.1016/j.jbusres.2015.01.040



Abstract

Current economic downturn encourages extensive research into economic growth engines, with entrepreneurship as one of the key drivers of growth. Although crucial, determining which variables stimulate entrepreneurial activity constitutes a difficult task due to interrelated factors. This study analyzes three groups of factors affecting entrepreneurship and entrepreneurs' perceptions of opportunity: social, cultural, and economic variables. Therefore, this study employs the partial least squares method for two groups of countries: (1) European countries, and (2) Latin-American and Caribbean countries. This approach identifies how these factors' effects differ across different countries.


Item Type:Article
Uncontrolled Keywords:Culture; Economic growth; Entrepreneurship; Innovation
Subjects:Social sciences > Economics > Economic development
Social sciences > Economics > Econometrics
ID Code:60712
Deposited On:02 Jun 2020 17:51
Last Modified:03 Jun 2020 06:22

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