Title: Understanding the role of entrepreneurial quality and national culture on the economic development

Authors: Jun Ma; Zelimir William Todorovic

Addresses: Department of Management and Marketing, Indiana University-Purdue University Fort Wayne, 2101 East Coliseum Blvd, Fort Wayne, NF 340M, IN, USA. ' Department of Management and Marketing, Indiana University-Purdue University Fort Wayne, 2101 East Coliseum Blvd, Fort Wayne, NF 340M, IN, USA

Abstract: Today's global social-political environment leads many to elevate entrepreneurship as a vehicle facilitating economic development. Even though different regions have similar new firm formation rates, there is much variation in terms of the contribution to economic development. Building on the resource based-view and Hofestede's research on cultural dimensions, this paper proposes three factor view of the quality of entrepreneurship. We posit that the quality of entrepreneurship, rather than quantity, is the main determinant of economic development.

Keywords: entrepreneurial quality; national culture; economic development; entrepreneurial orientation; resource-based view; RBV; entrepreneurship; cultural dimension.

DOI: 10.1504/IJESB.2012.047437

International Journal of Entrepreneurship and Small Business, 2012 Vol.16 No.3, pp.299 - 313

Available online: 19 Jun 2012 *

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