Socio-Cultural Factors Influencing Entrepreneurial Activities: A Study on Bangladesh

Rahma Akhter · Farhana Rahman Sumi

50 citations0/0 files storedIOSR Journal of Business and Management

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Entrepreneurship Studies and Influences Migration, Ethnicity, and Economy Culture, Economy, and Development Studies

Abstract

Development of new business through entrepreneurship directly impact on societies and economies grow and prosper.Although there has been considerable research based on psychological and economic approaches to entrepreneurship, the influence of socio-cultural factors, 1. Religion 2. Ethnicity 3. Family 4. Physical attributes 5. Economic Status 6. Education, make an impact on entrepreneurial development process in developing country.Therefore, the aim of this paper is to put together all factors from a theoretical perspective, the socio-cultural factors and entrepreneurial activity.In this sense, the article points an appropriate framework to develop future research analyzing the socio-cultural factors that influence the decisions to create new businesses.

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2018Culture's Consequences 1994Beyond individualism/collectivism: New cultural dimensions of values.1985The role of networks in the entrepreneurial process 1993The development of an infrastructure for entrepreneurship 1994Entrepreneurship: A Contemporary Approach 2002Human Development Report 2002 1998The financing of male– and female–owned businesses 2005Personality Characteristics of Self-Employed; An Empirical Study

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