Abstract
Entrepreneurial activity is a key indicator of
economic growth and development across countries. Governments, education
institutions, and the non-for-profit sector all attempt to channel resources
into communities to enhance entrepreneurial endeavors. This analysis examines
the predictors of entrepreneurial activity using representative samples of 50
countries from 2019 provided by the Global Entrepreneurship Monitor project.
Further, the investigation assesses the relevance of cultural features in
moderating relationships linking attitudes, self-efficacy, and exposure to
entrepreneurial behaviors. The logistic regression results indicate the
attitudes, exposure, and self-efficacy are all predictors of Entrepreneurship
activity. Cultural influence or fear of failure do not moderate the
associations linking attitudes or self-efficacy with entrepreneurial activity.
Implications for this research include the development of robust education
Entrepreneurship programs that increase learners’ exposure to real-world entrepreneurial
successes.
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IJBMS by IPRPD is licensed under a Creative Commons Attribution 4.0 International License.