Behaviour of Places and People—A CBD Perspective on Entrepreneurship

A special issue of Administrative Sciences (ISSN 2076-3387). This special issue belongs to the section "International Entrepreneurship".

Deadline for manuscript submissions: closed (31 December 2021) | Viewed by 9745

Special Issue Editor


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Guest Editor
Department of Economics, School of Management, Swansea University, Swansea SA2 8PP, UK
Interests: Culture-Based Development (CBD); cultural capital; bounded rationality; milieu; neuroeconomics; narrative economics; innovation; knowledge; inequality; entrepreneurship; new cultural economics

Special Issue Information

Dear Colleagues,

I would like to invite you to propose a paper for a Special Issue on “Behaviour of Places and People—A CBD Perspective on Entrepreneurship”.

Regional economics has been striving to create a path for analysing the behaviour of places as a factor for local development at least since the work by Hägerstraand (1970), What about People in Regional Science? The last year has seen the zenith of two publications which celebrate the success of the few main contributors on this topic in the last decades. Namely, these are the work by Obschonka and Fritsch (2020), Footprints: Geography of Entrepreneurial Psychology and the new book by Huggins and Thompson (2020), A Behavioural Theory of Economic Development: The Uneven Evolution of Cities and Regions. Both books, each in its own way, promote the idea that places have a psychological character which is represented by a locality specific behavioural pattern that acts as part of the cultural milieu and affects entrepreneurial performance.

Culture-based development (CBD) is a cultural and regional economics research paradigm, which postulates that there is a cultural bias on economic choice and this bias is a function of the interaction of the regional and the microeconomic level. Put differently, in the CBD approach, economic decision-making is assumed to happen potentially as a process with a dynamic stochastic general equilibrium. Most importantly, on a micro level, the CBD approach considers all innovative behaviour, such as entrepreneurial behaviour, a function of both individual psychological characteristics and the psychological characteristics of the local/regional milieu. The daring behaviour of the individual is conceptualised as a subject of pre-selection bias driven by the psychological milieu, which according to a Shacklean potential surprise function truncates certain innovative individuals away from daring to engage with entrepreneurship per se.

The current Special Issue seeks novel contributions that can illustrate and potentially expand the CBD perspective on entrepreneurship by showcasing how individual and local psychology interact to determine various entrepreneurial outcomes.

Contributions of qualitative, quantitative nature, as well as mixed-method research are welcome in this Special Issue. We will give preference to papers that best showcase the interaction between the behaviour of places and the behaviour of people with a significant impact on entrepreneurial decision making, economic profit, and firm survival.

Dr. Annie Tubadji
Guest Editor

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Keywords

  • culture
  • entrepreneurship
  • cultural capital
  • behavioural regional economics
  • culture-based development

Published Papers (3 papers)

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Research

24 pages, 1101 KiB  
Article
The Impact of Cultural Capital on Development of Entrepreneurship in Wales
by Balaussa Azubayeva
Adm. Sci. 2021, 11(4), 152; https://0-doi-org.brum.beds.ac.uk/10.3390/admsci11040152 - 13 Dec 2021
Cited by 5 | Viewed by 3647
Abstract
The focus of this paper is the impact of parental cultural capital on offspring’s occupational choice in relation to entrepreneurship. Despite growing interest to cultural motives for entrepreneurship on an individual level, few studies link these two domains empirically. This study follows the [...] Read more.
The focus of this paper is the impact of parental cultural capital on offspring’s occupational choice in relation to entrepreneurship. Despite growing interest to cultural motives for entrepreneurship on an individual level, few studies link these two domains empirically. This study follows the Culture Based Development research paradigm (CBD) developed by Tubadji and explores how culture influences occupational choices of school graduates during school-to-work transition. The main hypothesis of this paper is that sons of entrepreneurs are more likely to choose transitions into entrepreneurship after graduating school. I test three hypotheses on a unique historic dataset from Wales, UK, employing Probit analysis. I found a significant correlation between entrepreneurial background of father and son’s entrepreneurial entry. Poor socio-economic status of a father is also a predictor of entry into entrepreneurship of their son, motivated by necessity. The findings of this research contributed to the applicability of CBD to a historic dataset of earlier periods to capture a significant cultural impact on entrepreneurship development in Wales, UK. Full article
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16 pages, 1364 KiB  
Article
A Behavioral Cultural-Based Development Analysis of Entrepreneurship in China
by Yue Dai
Adm. Sci. 2021, 11(3), 91; https://0-doi-org.brum.beds.ac.uk/10.3390/admsci11030091 - 01 Sep 2021
Cited by 2 | Viewed by 2261
Abstract
This paper deals with local cultural capital as a motivator for entrepreneurial behavior in China. Following the Culture-Based Development paradigm (CBD), the current study approaches local cultural capital as an entity that can be temporarily segmented into living culture and cultural heritage and [...] Read more.
This paper deals with local cultural capital as a motivator for entrepreneurial behavior in China. Following the Culture-Based Development paradigm (CBD), the current study approaches local cultural capital as an entity that can be temporarily segmented into living culture and cultural heritage and can be further differentiated type-wise into material cultural capital and immaterial cultural capital. The main hypothesis of this paper is that living culture and cultural heritage have different roles in the direction of effect on entrepreneurial behavior in China. To test this hypothesis, a quantitative research method is utilized and data is collected from China Statistical Yearbooks, the website of Chinese Intangible Cultural Heritage as well as the third and fourth China Economic Census Yearbooks, covering the period from 2010 to 2019 and regarding all 31 provinces of mainland China. This dataset provides indicators for both material and immaterial living culture, respectively represented by the total book circulations in public libraries and performances at art venues, while historical cultural heritage is approximated by intangible cultural heritage (such as the number of folk literature, traditional music, traditional dance and so on) and historical sites. For data analysis, an OLS regression is used to assess the roles of each kind of cultural capital on regional entrepreneurship development. Findings suggest CBD is applicable for analyzing entrepreneurship behavior and the result of the application of model shows a notable impact of culture on entrepreneurship activities in China. Full article
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23 pages, 501 KiB  
Article
New Age Informality: Hispanics and the Sharing Economy
by Michael J. Pisani
Adm. Sci. 2021, 11(1), 23; https://0-doi-org.brum.beds.ac.uk/10.3390/admsci11010023 - 01 Mar 2021
Cited by 6 | Viewed by 2862
Abstract
The purpose of this study is to advance understanding of the Hispanic contribution to the engagement and production of the sharing and informal economies in the US. The study is situated within the domains of the sharing economy and informality within a broader [...] Read more.
The purpose of this study is to advance understanding of the Hispanic contribution to the engagement and production of the sharing and informal economies in the US. The study is situated within the domains of the sharing economy and informality within a broader frame of entrepreneurship. Specifically, Hispanic participation rates, rationale for engagement, and the major drivers of involvement in the production of the sharing and informal economies are analyzed. To evaluate this, data are reported from a nationally representative subsample of Hispanics derived from the US Federal Reserve Board’s Enterprising and Informal Work Activities Survey (EIWA) conducted in the late fall of 2015. The finding is that more than one-third of Hispanics engage in EIWA. Hispanics participate in EIWA primarily as a means to earn extra income or as a key avenue to earn a living. By choice, relatively affluent Hispanics have the largest stake in sharing and informal economies. However, it is the lowest income Hispanics that engage in EIWA out of necessity. The major drivers of EIWA participation among Hispanics are revealed. This is the first known study with a nationally representative sample of Hispanics focused on participation rates, rationale for engagement, and drivers of involvement in the production of new age sharing and informal economies. Full article
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