The impact of communist imprint prevalence on the risk-taking propensity of successful Russian entrepreneurs
by Elitsa R. Banalieva; Sheila M. Puffer; Daniel J. McCarthy; Vlad Vaiman
European J. of International Management (EJIM), Vol. 12, No. 1/2, 2018

Abstract: Scholars debate whether entrepreneurs socialised under communism exhibit an increased or subdued risk-taking propensity after that experience. Some note that communism discouraged standing out and thus risk-taking, while others counter that communism necessitated risk-taking to survive. We reconcile this debate by differentiating between reformist and hard-line communist imprints. In so doing, we extend communist imprinting theory by introducing the concept of imprint prevalence and studying how the degree to which one type of communist imprint prevailed over the other affects the subsequent risk-taking propensity of successful Russian entrepreneurs. Our findings also have implications for entrepreneurship in other transition and emerging economies.

Online publication date: Thu, 04-Jan-2018

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