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| Format: | Artículo científico |
| Language: | en |
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Universidad de Huelva
2013
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| Online Access: | https://www.redalyc.org/articulo.oa?id=86626373002 |
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Table of Contents:
- Necessity and Opportunity Entrepreneurship: The Mediating Effect of Culture Francisco Liñán José Fernández-Serrano Isidoro Romero Economía y Finanzas Cultural Values Entrepreneurship Economic Development Entrepreneurial Motivation 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. 2013 artículo científico 1576-0162 https://www.redalyc.org/articulo.oa?id=86626373002 en http://www.redalyc.org/revista.oa?id=866 REM. Revista de Economía Mundial application/pdf Universidad de Huelva REM. Revista de Economía Mundial (España) Num.33