Entrepreneurship and Cultural Values

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Questions and Answers

What is a likely consequence of humane orientation in a society?

  • The social environment will still be supportive even in the event of failure (correct)
  • Entrepreneurs will not feel supported in case of errors
  • Entrepreneurs will be ostracized when they fail
  • People will be discouraged from trying again after failure

What is one of the reasons why people do not start a business even though they might want to?

  • Fear of failure (correct)
  • Lack of support
  • Lack of resources
  • Fear of success

What is a positive relationship between humane orientation and entrepreneurial activity?

  • The relationship between humane orientation and entrepreneurial activity is only seen in high GDP countries
  • There is no relationship between humane orientation and entrepreneurial activity
  • The higher the humane orientation, the lower the entrepreneurial activity
  • The higher the humane orientation, the higher the entrepreneurial activity (correct)

In which type of countries is the effect of humane orientation likely to be stronger?

<p>Low-and-medium GDP countries (D)</p> Signup and view all the answers

What is an outcome of humane orientation in a society?

<p>Entrepreneurs will feel supported and sufficiently secure (C)</p> Signup and view all the answers

What is a characteristic of a society with high humane orientation?

<p>The social environment will be supportive even in case of failure (D)</p> Signup and view all the answers

What is a consequence of a society with low humane orientation?

<p>The social environment will not be supportive in case of failure (B)</p> Signup and view all the answers

What is the relationship between humane orientation and entrepreneurial activity in low-and-medium GDP countries?

<p>The higher the humane orientation, the higher the entrepreneurial activity (C)</p> Signup and view all the answers

What is the primary characteristic of a humane-oriented society?

<p>Rewarding of fairness, altruism, and kindness towards others (A)</p> Signup and view all the answers

What is a consequence of a high humane orientation in a society?

<p>A conservative attitude and pressure for conformism (A)</p> Signup and view all the answers

In a humane-oriented society, what type of support do people within a close circle receive?

<p>Material, financial, and social support (A)</p> Signup and view all the answers

According to which researchers is humane orientation associated with material, financial, and social support?

<p>Kabasakal &amp; Bodur (C)</p> Signup and view all the answers

What is the primary focus of humane orientation?

<p>Fairness, altruism, and kindness towards others (A)</p> Signup and view all the answers

What is a characteristic of people in a humane-oriented society?

<p>Fair, altruistic, and friendly (A)</p> Signup and view all the answers

In which type of societies is humane orientation more important?

<p>Low-and-medium GDP countries (A)</p> Signup and view all the answers

Who defined humane orientation as the degree to which societies encourage and reward individuals for being fair and kind?

<p>House et al. (C)</p> Signup and view all the answers

What is the primary reason why entrepreneurs in high GDP countries can achieve their high-growth and high-innovation goals more easily?

<p>Availability of resources such as law services and technical know-how (B)</p> Signup and view all the answers

What is the proposed relationship between performance orientation and high-quality entrepreneurship?

<p>Performance orientation is positively related to high-quality entrepreneurship (D)</p> Signup and view all the answers

In which type of societies do women have the same self-effacing, group morals like men?

<p>Feminine societies (A)</p> Signup and view all the answers

What is the primary focus of future orientation?

<p>Planning, investing in the future, and delaying gratification (A)</p> Signup and view all the answers

What is the expected outcome of countries with high future orientation?

<p>They have a strong capability and willingness to imagine future contingencies (A)</p> Signup and view all the answers

What is the expected relationship between future orientation and high-quality entrepreneurial activity?

<p>Countries with high future orientation have more high-quality entrepreneurial activity (C)</p> Signup and view all the answers

What is the proposed relationship between the performance orientation and high-quality entrepreneurship in high GDP countries?

<p>The relationship is stronger in high GDP countries (B)</p> Signup and view all the answers

What is the primary difference between masculine and feminine societies?

<p>The disparity between men's values and women's values (A)</p> Signup and view all the answers

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Study Notes

Individualism vs Collectivism

  • Individualism influences the type of innovation strategy, not the absolute levels
  • High individualism can be dysfunctional for innovation and has a curvilinear relationship with entrepreneurship
  • Collectivism helps entrepreneurship by providing social support and resources, especially in low-and-medium GDP countries

Collectivism

  • Collectivistic societies provide more social support and resources for entrepreneurship
  • Families in collectivistic societies are more helpful in providing resources and social security
  • Collectivistic orientation fosters commitment and sacrifice among employees and minimizes uncertainty associated with business creation and innovation implementation

Humane Orientation

  • Humane orientation is the degree to which societies encourage and reward fairness, altruism, and kindness
  • In high humane oriented societies, people receive material, financial, and social support
  • Humane orientation helps entrepreneurship by providing resources and support in the event of failure
  • It allows for errors and failures, and people are encouraged to try again

Humane Orientation and Entrepreneurship

  • The positive relationship between humane orientation and entrepreneurial activity is stronger in low-and-medium GDP countries
  • The effect of humane orientation is likely to be stronger in low-and-medium GDP countries due to the consequences of failure

Power Distance

  • Power distance measures the degree to which members of a society expect and agree that power should be unequally distributed
  • Societies with higher power distance tend to have limited upward social mobility, localized information, and social status linked to established power relationships
  • Research suggests that entrepreneurial activity should be higher in low power distance countries

Performance Orientation

  • Performance orientation is positively related to high-quality entrepreneurship (high-growth and high-innovation entrepreneurship)
  • The positive relationship is stronger in high GDP countries than in low-and-medium GDP countries

Masculinity vs Femininity

  • Masculinity portrays the role of gender and value disparity between men and women in a country
  • In feminine societies, women have the same self-effacing, group morals as men, whereas in masculine societies, women's ethics differ from men's

Future Orientation

  • Future orientation addresses the degree to which individuals engage in future-oriented behaviors such as planning and investing in the future
  • Countries with high future orientation have a strong capability and willingness to imagine future contingencies and formulate future goals
  • Future orientation is related to high-quality entrepreneurial activity

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