Entrepreneurial Tendencies: Evidence from China and India
International Journal of Management and Marketing Research, Vol. 3, No. 3, pp. 39-52, 2010
14 Pages Posted: 8 Jul 2011
Date Written: 2010
Abstract
Discussed in this paper is the entrepreneurial intent of two cultures, China and India. The dichotomy exhibited in these two societies is vast--the history of the Chinese mores is of order and harmony with a defined hierarchy whereas the proud tradition of India exhibits a culture of pluralism, debate and dissent. Recent emerging markets have encouraged the people of both these cultures to proactively seek new opportunities, convert resources into marketable goods, and bear the risk associated with achieving profits. The risk-loving attitude of these entrepreneurs correlates with internal locus of control.
Keywords: Entrepreneurship, global, economic development
Suggested Citation: Suggested Citation