Hierarchy and conservatism in the contributions of resources to entrepreneurial activity

01-03-2014

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Authors: Dirk De Clercq; Dominic S. K. Lim; Chang Hoon Oh
Published in: Small Business Economics | Issue 3/2014

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Abstract

This study addresses the relationship between the munificence offered by a country’s proximate institutions in terms of a critical financial resource (informal investments) and human resource (entrepreneurship education) and its early-stage entrepreneurial activity. We also examine how this relationship might be moderated by underlying cultural values. Our main thesis is that the positive effects of resource munificence of proximate institutions on early-stage entrepreneurial activity should be attenuated in countries with a more hierarchical and conservative culture. We test our hypotheses using a multi-source dataset that spans 42 countries.

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Title: Hierarchy and conservatism in the contributions of resources to entrepreneurial activity
Authors: Dirk De Clercq
Dominic S. K. Lim
Chang Hoon Oh
Publication date: 01-03-2014
Publisher: Springer US
Published in: Small Business Economics / Issue 3/2014
Print ISSN: 0921-898X
Electronic ISSN: 1573-0913
DOI: https://doi.org/10.1007/s11187-013-9515-7

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Hierarchy and conservatism in the contributions of resources to entrepreneurial activity

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