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Entrepreneurs From High Uncertainty Avoidance Cultures: The Influence of International Study-Related Experience on Entrepreneurial Intentions

Lemke, Johanna LU and Baum, Lydia LU (2021) ENTN19 20211
Department of Business Administration
Abstract
Nowadays, entrepreneurship is acknowledged as a crucial factor for ensuring sustain-able economic growth and job generation. Entrepreneurship is a behavior that stems from a mindset which reflects an individual's drive and the ability to perceive an opportunity to create economic prosperity and wealth, also called entrepreneurial intentions. Some cul-tures and countries are more prone towards entrepreneurship than others due to cultural differences and social norms. Individuals from a culture with a preference for uncertainty avoidance are suggested to be less inclined towards entrepreneurship and entrepreneurial intentions which hinders economical activities and wealth creation.
Based on a sample of 13 semi-structured interviews with... (More)
Nowadays, entrepreneurship is acknowledged as a crucial factor for ensuring sustain-able economic growth and job generation. Entrepreneurship is a behavior that stems from a mindset which reflects an individual's drive and the ability to perceive an opportunity to create economic prosperity and wealth, also called entrepreneurial intentions. Some cul-tures and countries are more prone towards entrepreneurship than others due to cultural differences and social norms. Individuals from a culture with a preference for uncertainty avoidance are suggested to be less inclined towards entrepreneurship and entrepreneurial intentions which hinders economical activities and wealth creation.
Based on a sample of 13 semi-structured interviews with German students and gradu-ates, this thesis determines the influence of international study-related experience on entre-preneurial intentions of students and graduates from a high uncertainty avoidance culture. Our results show clear evidence of the impact of international study-related experience on entrepreneurial intentions overcoming uncertainty avoidant traits. A conceptual framework developed as a result of the empirical findings illustrates the answer to the research ques-tion. Managerial implications refer to the awareness and importance of international study-related experience in order to foster and ensure entrepreneurship and wealth in a country. Especially countries with a preference for high uncertainty should promote purpose-driven and study-related experiences abroad. (Less)
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author
Lemke, Johanna LU and Baum, Lydia LU
supervisor
organization
course
ENTN19 20211
year
type
H1 - Master's Degree (One Year)
subject
keywords
entrepreneurial intentions, international study-related experience, uncertainty avoidance, risk aversion, Germany
language
English
id
9061328
date added to LUP
2021-08-04 16:36:35
date last changed
2021-08-04 16:36:35
@misc{9061328,
  abstract     = {{Nowadays, entrepreneurship is acknowledged as a crucial factor for ensuring sustain-able economic growth and job generation. Entrepreneurship is a behavior that stems from a mindset which reflects an individual's drive and the ability to perceive an opportunity to create economic prosperity and wealth, also called entrepreneurial intentions. Some cul-tures and countries are more prone towards entrepreneurship than others due to cultural differences and social norms. Individuals from a culture with a preference for uncertainty avoidance are suggested to be less inclined towards entrepreneurship and entrepreneurial intentions which hinders economical activities and wealth creation.
Based on a sample of 13 semi-structured interviews with German students and gradu-ates, this thesis determines the influence of international study-related experience on entre-preneurial intentions of students and graduates from a high uncertainty avoidance culture. Our results show clear evidence of the impact of international study-related experience on entrepreneurial intentions overcoming uncertainty avoidant traits. A conceptual framework developed as a result of the empirical findings illustrates the answer to the research ques-tion. Managerial implications refer to the awareness and importance of international study-related experience in order to foster and ensure entrepreneurship and wealth in a country. Especially countries with a preference for high uncertainty should promote purpose-driven and study-related experiences abroad.}},
  author       = {{Lemke, Johanna and Baum, Lydia}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Entrepreneurs From High Uncertainty Avoidance Cultures: The Influence of International Study-Related Experience on Entrepreneurial Intentions}},
  year         = {{2021}},
}