Socio-Cultural Factors and Entrepreneurial Activity: An Overview

International Small Business Journal, Vol. 29, No. 2, pp. 105-118, 2011

Posted: 3 Apr 2011 Last revised: 4 Apr 2011

See all articles by Patricia Thornton

Patricia Thornton

Duke University

Domingo Ribeiro

Independent

David Urbano

Autonomous University of Barcelona

Date Written: April 2011

Abstract

Scholars who study entrepreneurship have lent great value by exploring the factors that explain how entrepreneurs create new businesses and thus, how societies and economies grow and prosper. Although there has considerable research based on psychological and economic approaches to entrepreneurship, the influence of socio-cultural factors on enterprise development remains under studied. Therefore, the aim of this paper is to integrate, from a theoretical perspective, the socio-cultural factors and entrepreneurial activity. In this sense, the article points out that the institutional approach could be an apt framework to develop future research analyzing the socio-cultural factors that influence the decisions to create new businesses. Also, a brief overview of the content of each of the papers included in this special issue is presented.

Keywords: cultural factors, entrepreneurial activity, institutional economics, social factors, social networks

JEL Classification: B52, L26, M13

Suggested Citation

Thornton, Patricia and Ribeiro, Domingo and Urbano, David, Socio-Cultural Factors and Entrepreneurial Activity: An Overview (April 2011). International Small Business Journal, Vol. 29, No. 2, pp. 105-118, 2011, Available at SSRN: https://ssrn.com/abstract=1801263

Patricia Thornton

Duke University ( email )

100 Fuqua Drive
Durham, NC 27708-0204
United States

Domingo Ribeiro

Independent ( email )

David Urbano (Contact Author)

Autonomous University of Barcelona ( email )

Edifici B, Campus UAB
Bellaterra, Barcelona 08193
Spain
34935811209 (Phone)

HOME PAGE: http://www.davidurbano.eu

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