Work

Linking the cultural capital of the entrepreneur and early performance of new ventures: A cross-country comparison

Year: 2012

Type: article

Abstract: We explore the impact of an entrepreneur's cultural capital on the performance of new ventures in both mature and transition economies. Results show that individualistic values of the founder influence early performance of new ventures, irrespective of the country context; and that in less advanced transition economies, the entrepreneur's cultural-background profile has a stronger influence on new venture performance than education or industry experience. Our findings support the assumption that entrepreneurial performance in new ventures is culture-driven, and suggest that economic analyses of entrepreneurial actions should encompass cultural values as well.

Source: Journal of East European Management Studies

DOI: 10.5771/0949-6181-2012-2-149

Authors: Malgorzata A. Wdowiak, Erich J. Schwarz, Robert J. Breitenecker, Richard W. Wright

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: hybrid

OpenAlex ID: W1580165705

FWCI: 4.37

Cites: 60

Cited by: 19

Related to: 10