Abstract
The goals of the paper are to analyse the relationship between the cultural dimensions and to investigate the entrepreneurial intentions and activity of university students in 21 selected OECD countries. The analysis was conducted using the GUESSS database, which also includes three cultural dimensions of the GLOBE project. We found that there is a positive correlation between the entrepreneurial intentions of students and In-Group Collectivism. Uncertainty Avoidance does not have a direct effect on entrepreneurial activity of intentions; however, it correlates positively with perceived behavioural control, which has been proved to have a significant effect on entrepreneurial intentions.
Highlights
The connection between the practical domain of entrepreneurship and the theoretical models of economic growth was explained by Schumpeter with a creative and very convincing argument in his work first published in 1911 (Schumpeter 1934)
First we focus on the entrepreneurial activity, we analyse the entrepreneurial intentions and the career plans of the students
In our study we found the strongest relationship between In-group collectivism and entrepreneurial intentions
Summary
The connection between the practical domain of entrepreneurship and the theoretical models of economic growth was explained by Schumpeter with a creative and very convincing argument in his work first published in 1911 (Schumpeter 1934). Even though Schumpeter’s idea is more than 100 years old, it is more popular than ever. If all companies that specialised in facilitating the communication of their customers had been content with playing only the postman’s role, we would not be living in an era of communication revolution. The authors have exchanged several e-mail, Skype and Messenger messages; these services, were not brought to life by the needs of the authors, or anybody else, for that matter. They were created by companies, and they spread because these firms convinced customers to use them instead of the good old mail system
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