The Impact of National Culture on Entrepreneurship: Evidence from Five-Year Pooled Data Across 93 Countries
- DOI
- 10.2991/978-2-38476-400-6_67How to use a DOI?
- Keywords
- National culture; Entrepreneurial activity; Gender difference; Economic freedom
- Abstract
Drawing on two international databases, the Global Entrepreneurship Monitor (GEM) and Hofstede Insights, this study explores how various dimensions of national culture influence entrepreneurial activity within a country. It reveals that national culture impacts entrepreneurship in multifaceted ways. Specifically, power distance and indulgence positively correlate with entrepreneurial endeavors, whereas individualism tends to dampen such activity. Further analysis elucidates that the impact of national culture on entrepreneurship exhibits marked gender disparities, with certain cultural dimensions exerting a more pronounced effect on female entrepreneurial engagement. Moreover, this study introduces economic freedom as a moderating variable, empirically demonstrating its capacity to mitigate the negative effects of individualism on entrepreneurship. These insights offer significant policy implications for fostering a country’s entrepreneurial levels.
- Copyright
- © 2025 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Xiaohong Zhang AU - Junhao Zhao AU - Michael Gates PY - 2025 DA - 2025/05/15 TI - The Impact of National Culture on Entrepreneurship: Evidence from Five-Year Pooled Data Across 93 Countries BT - Proceedings of the 2nd International Conference on Educational Development and Social Sciences (EDSS 2025) PB - Atlantis Press SP - 563 EP - 580 SN - 2352-5398 UR - https://doi.org/10.2991/978-2-38476-400-6_67 DO - 10.2991/978-2-38476-400-6_67 ID - Zhang2025 ER -