Necessity and opportunity entrepreneurship : the mediating effect of culture

This paper studies the mediating role of cultural values in explaining the total entrepreneurial activity (TEA) and the entrepreneurs’ motivation -differentiating opportunity versus necessity motives- in countries with different levels of development. Data for 56 countries coming from the Global Ent...

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Detalles Bibliográficos
Autores: Liñán Alcalde, Francisco, Fernández Serrano, José, Romero, Isidoro
Tipo de recurso: artículo
Fecha de publicación:2013
País:España
Institución:Universidad de Huelva (UHU)
Repositorio:Arias Montano. Repositorio Institucional de la Universidad de Huelva
Idioma:inglés
OAI Identifier:oai:ariasmontano.uhu.es:10272/7525
Acceso en línea:http://hdl.handle.net/10272/7525
Access Level:acceso abierto
Palabra clave:Entrepreneurship
Cultural Values
Economic development
Entrepreneurial motivation
Actividad emprendedora
Valores culturales
Desarrollo económico
Motivación empresarial
Descripción
Sumario:This paper studies the mediating role of cultural values in explaining the total entrepreneurial activity (TEA) and the entrepreneurs’ motivation -differentiating opportunity versus necessity motives- in countries with different levels of development. Data for 56 countries coming from the Global Entrepreneurship Monitor (GEM) and the Schwartz Value Survey (Schwartz, 1994, 2006b) are analysed using structural equations modelling. The results show that only in higher income countries do Autonomy values boost entrepreneurial activity. Additionally, higher entrepreneurship is found in countries where Egalitarianism predominates, and the effect becomes stronger as income level rises. Furthermore, the Egalitarianism-Hierarchy dimension is also very relevant in explaining the opportunity/necessity ratio