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
Date Written: April 2011
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: Suggested Citation