Motivation and innovation in entrepreneurship – impact of national culture
Abstract/Description
This research aims to investigate the impact of the National Culture Dimensions, developed by Hofstede, on Entrepreneurial Activity (EA). The defining variables for EA are Total Early-Stage Entrepreneurial Activity (TEA), Motivational Index and Innovation Rate as provided by the Global Economic Monitor (GEM).
Findings suggests that Power distance, indulgence and long-term orientation significantly influence entrepreneurial activity. Whereas individualism and uncertainty avoidance influence motivation index. The findings also suggest that innovation rate is influenced by the individualism. This study calls for further research in this area to confirm these relationships so that national policy makers can consider the cultural influencers while curating policies to promote entrepreneurship in their respective countries.
Keywords
Cultural Economics, Entrepreneurship, Innovation, Motivation, GEM
Track
Management
Session Number/Theme
Session 1B: Technology and Innovation
Session Chair
Dr. Kamran Mumtaz, Institute of Business Administration, Karachi
Start Date/Time
23-6-2022 11:40 AM
End Date/Time
23-6-2022 12:00 PM
Location
Training Room 1, Marriott Hotel, Karachi
Recommended Citation
Padela, M. I., & Khanani, K. S. (2022). Motivation and innovation in entrepreneurship – impact of national culture. 3rd IBA SBS International Conference 2024. Retrieved from https://ir.iba.edu.pk/sbsic/2022/program/8
COinS
Motivation and innovation in entrepreneurship – impact of national culture
Training Room 1, Marriott Hotel, Karachi
This research aims to investigate the impact of the National Culture Dimensions, developed by Hofstede, on Entrepreneurial Activity (EA). The defining variables for EA are Total Early-Stage Entrepreneurial Activity (TEA), Motivational Index and Innovation Rate as provided by the Global Economic Monitor (GEM).
Findings suggests that Power distance, indulgence and long-term orientation significantly influence entrepreneurial activity. Whereas individualism and uncertainty avoidance influence motivation index. The findings also suggest that innovation rate is influenced by the individualism. This study calls for further research in this area to confirm these relationships so that national policy makers can consider the cultural influencers while curating policies to promote entrepreneurship in their respective countries.
