Are some cultures more favourable for social entrepreneurship than others?

Journal Title: Economic Research-Ekonomska Istraživanja - Year 2017, Vol 30, Issue 1

Abstract

The goal of this paper is to examine whether certain national cultural dimensions facilitate or hamper social entrepreneurship. The paper offers a conceptualisation of the possible associations between Hofstede’s cultural dimensions and social entrepreneurial activity as defined by the Global Entrepreneurship Monitor, along with its empirical testing across more than 40 countries around the world. Based on correlation analysis that was controlled for the countries’ level of economic development, there appears to be a negative association between the national power distance level and social entrepreneurial activity. In addition, the rate of young social entrepreneurial ventures is associated with lower levels of masculinity. The cultural dimensions of individualism and uncertainty avoidance have no direct linear association with social entrepreneurial activities of any kind. In factor-driven economies, lower levels of masculinity appear to support the development of social entrepreneurship. On the other hand, in innovation-driven economies, social entrepreneurial ventures emerge more often in those cultures characterised by shortterm orientation and indulgence.

Authors and Affiliations

Keywords

Related Articles

The interaction of clusters between manufacturing and producer services in China

The interactive development of clusters between manufacturing and producer services is important for China to break its comparative economic dilemma. The scientific novelty in this article is embodied by the interaction...

Efficiency of bank branches: empirical evidence from a two-phase research approach

The aim of this paper is to assess the relative efficiency of the branches of Komercijalna Banka AD Skopje during a three-year period (from 2009 to 2011). The research sample consists of eight branches performing the sam...

Assessing the accuracy of delta-normal VaR evaluation for Serbian government bond portfolio

Interest rate risk is immanent to all sorts of bonds with a fixed interest rate and has a major impact on the value of the bond. The aim of this article is to evaluate this risk over a period of five years (2008–2012), a...

Predicting tourism demand by A.R.I.M.A. models

The paper provides a short-run estimation of international tourism demand focusing on the case of F.Y.R. Macedonia. For this purpose, the Box–Jenkins methodology is applied and several alternative specifications are test...

Exploratory and exploitative innovation: the moderating role of partner geographic diversity

The aim of this study is to explore the effect of exploratory and exploitative innovation separately and ambidexterity premise simultaneously relating to firms’ innovation performance. To test these relationships, we ap...

Download PDF file
  • EP ID EP323172
  • DOI -
  • Views 45
  • Downloads 0

How To Cite

(2017). Are some cultures more favourable for social entrepreneurship than others?. Economic Research-Ekonomska Istraživanja, 30(1), -. https://europub.co.uk/articles/-A-323172