Innovativeness, Entrepreneurial Tendencies and Cultural Differences
Mukhammadfoik BakhadirovSchool of Business and Economics, Westminster International University, Tashkent, UzbekistanStephen TreacyDepartment of Business Information Systems, Cork University Business School, IrelandTiina BrandtHaaga-Helia University of Applied Sciences, Ratapihantie 13, 00520 Helsinki, FinlandSami Al KharusiDepartment of Economics and Finance, College of Economics and Political Science, Sultan Qaboos University, P.O. Box 20 Postal Code 123, Al Khodh, Sultanate of Oman
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Abstract
This study investigated the selected cultures' innovativeness and entrepreneurial intentions. Understanding these attributes facilitates deeper insights into cultural differences in entrepreneurship and the support needed to cultivate more successful entrepreneurs. The two relevant variables were innovativeness and intention to start a business. A survey instrument was used to collect data from 1,086 business students from several countries in the Asian, Baltic, USA, Nordic Middle, South, and East Europe cultural clusters. Results indicated various statistically significant differences between the cultures. The discussion of country-specific strategies concerning enhancing entrepreneurship is at the end of the paper.
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