Impact of Culture in Indian Higher Education on Entrepreneurship

Abstract

The article explores the impact of culture in Indian higher education on entrepreneurship. The higher education institutions have an important role to play in preparing future business leaders and entrepreneurs. The study evaluates the power distance, individualism and masculinity variables in private and public universities in north India along with association of these variables with entrepreneurship index. The data of private and public universities was collected through questionnaire to analyze the culture in higher education sector. The results show existence of high power distance, and individualistic tendency in both private and public universities. Moderate masculinity was witnessed. High power distance has been associated with low critical thinking and entrepreneurial tendency. The higher education policy makers should address the issue by reducing the power distance and developing the questioning attitude to encourage entrepreneurship among graduates.

Keywords: Higher Education, Entrepreneurship, Power Distance, Individualism, Masculinity

JEL Classification: I20