Innovation embedded in entrepreneurs' networks in private and public spheres: a global study focusing on China and Denmark

Abstract

Global studies have found tendencies: traditional culture promotes entrepreneurs’ networking in the private sphere, impeding innovation, whereas secular-rational culture facilitates networking in the public sphere, benefiting innovation. This embeddedness is here scrutinised in contrasting societies, China and Denmark. Global Entrepreneurship Monitor has surveyed entrepreneurs in China, Denmark and elsewhere. Analyses reconfirm the global tendencies and show that, China in contrast to Denmark, public sphere networking is sparser, but private sphere networking is denser. Innovation is negatively affected by private sphere networking and positively affected by public sphere networking, but innovation is less promoted by public sphere networking in China than in Denmark.

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