National culture dimensions as predictors of innovation, creativity, and entrepreneurship

The purposes of this study were twofold. The first was to encourage other investigators to examine more closely three indices related to economic growth, specifically innovation, entrepreneurship, and creativity. The second was to encourage further investigation of Hofstede’s national culture as exp...

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Main Authors: Louis Jourdan, Michael Smith
Format: Article
Language:English
Published: University of South Florida (USF) M3 Publishing 2021-09-01
Series:Journal of Global Business Insights
Subjects:
Online Access:https://digitalcommons.usf.edu/globe/vol6/iss2/4
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author Louis Jourdan
Michael Smith
author_facet Louis Jourdan
Michael Smith
author_sort Louis Jourdan
collection DOAJ
description The purposes of this study were twofold. The first was to encourage other investigators to examine more closely three indices related to economic growth, specifically innovation, entrepreneurship, and creativity. The second was to encourage further investigation of Hofstede’s national culture as explanatory variables. This investigation addressed this research gap by examining the relationships among indices of nations’ creativity, entrepreneurship, and innovation, and their relationships with Hofstede’s (2015) national culture dimensions. No previous research was identified which examined countries’ creativity, entrepreneurship, and innovation in the same study. The relationships among four measures associated with economic development—the Global Innovation Index (GII), the Global Entrepreneurship Index (GEI), the Global Creativity Index (GCI), and Bloomberg 50 most innovative countries (B50) were studied. Two rarely investigated indices (B50 and GCI) were included in this research. Results indicated that all four indices were highly correlated. The factor structure of Hofstede’s six cultural dimensions was reduced to three major factors: heteronomy-autonomy, gratification, and competition-altruism. Using multiple regression analysis, heteronomy-autonomy and gratification predicted GII. Gratification predicted the remaining three criteria. This study addressed this research gap of criterion development by examining the relationships among these variables, their relationships with national culture, and their predictability from different national culture dimensions. Practical implications of these findings for decision-makers and policymakers who want to increase their country’s economic growth through the support of creativity, innovation, and entrepreneurship were discussed.
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spelling doaj.art-4cb954ba3a2d4140896e8e56dc9aea502023-09-10T01:43:17ZengUniversity of South Florida (USF) M3 PublishingJournal of Global Business Insights2640-64892021-09-016210.5038/2640-6489.6.2.1093National culture dimensions as predictors of innovation, creativity, and entrepreneurshipLouis Jourdan0Michael Smith1Clayton State UniversityClayton State UniversityThe purposes of this study were twofold. The first was to encourage other investigators to examine more closely three indices related to economic growth, specifically innovation, entrepreneurship, and creativity. The second was to encourage further investigation of Hofstede’s national culture as explanatory variables. This investigation addressed this research gap by examining the relationships among indices of nations’ creativity, entrepreneurship, and innovation, and their relationships with Hofstede’s (2015) national culture dimensions. No previous research was identified which examined countries’ creativity, entrepreneurship, and innovation in the same study. The relationships among four measures associated with economic development—the Global Innovation Index (GII), the Global Entrepreneurship Index (GEI), the Global Creativity Index (GCI), and Bloomberg 50 most innovative countries (B50) were studied. Two rarely investigated indices (B50 and GCI) were included in this research. Results indicated that all four indices were highly correlated. The factor structure of Hofstede’s six cultural dimensions was reduced to three major factors: heteronomy-autonomy, gratification, and competition-altruism. Using multiple regression analysis, heteronomy-autonomy and gratification predicted GII. Gratification predicted the remaining three criteria. This study addressed this research gap of criterion development by examining the relationships among these variables, their relationships with national culture, and their predictability from different national culture dimensions. Practical implications of these findings for decision-makers and policymakers who want to increase their country’s economic growth through the support of creativity, innovation, and entrepreneurship were discussed.https://digitalcommons.usf.edu/globe/vol6/iss2/4business creationglobal creativity indexglobal entrepreneurship indexsocietal valuesinventiveness
spellingShingle Louis Jourdan
Michael Smith
National culture dimensions as predictors of innovation, creativity, and entrepreneurship
Journal of Global Business Insights
business creation
global creativity index
global entrepreneurship index
societal values
inventiveness
title National culture dimensions as predictors of innovation, creativity, and entrepreneurship
title_full National culture dimensions as predictors of innovation, creativity, and entrepreneurship
title_fullStr National culture dimensions as predictors of innovation, creativity, and entrepreneurship
title_full_unstemmed National culture dimensions as predictors of innovation, creativity, and entrepreneurship
title_short National culture dimensions as predictors of innovation, creativity, and entrepreneurship
title_sort national culture dimensions as predictors of innovation creativity and entrepreneurship
topic business creation
global creativity index
global entrepreneurship index
societal values
inventiveness
url https://digitalcommons.usf.edu/globe/vol6/iss2/4
work_keys_str_mv AT louisjourdan nationalculturedimensionsaspredictorsofinnovationcreativityandentrepreneurship
AT michaelsmith nationalculturedimensionsaspredictorsofinnovationcreativityandentrepreneurship