Developing an Entrepreneurial Culture (Continued)
As discussed in Chapter 6, the world needs more entrepreneurship, but this does not happen all by itself. This is particularly true in less-developed countries where collectivistic cultures prevail, and there needs to be an outside force to catalyze the whole process. There has to be an entrepreneurial culture that is constructed deliberately above and beyond the existing general culture. The proposed entrepreneurial culture needs a favorable government or equally important outside force, and at least two institutions, as presented very briefly in Chapter 6. These are well-developed social networks and Silicon Valley facsimiles, which will be discussed in subsequent chapters. While the facsimiles generate the necessary information, the social networks pass the information on to critical elements or parts of the society where the expected entrepreneurs are more likely to be found, such as schools, universities, some select workplaces, and the like.
KeywordsTechnology Transfer Foreign Firm Niche Market International Entrepreneurship Entrepreneurial Culture
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