Comparing entrepreneurial
communities
Theory and evidence from a cross-country
study in Asia
Justin Paul
University of Washington, Seattle, Washington, USA
and University of Puerto Rico, San Juan, USA, and
Archana Shrivastava
Vellore Institute of Technology, Madras, India
Abstract
Purpose – The purpose of this paper is to compare entrepreneurial attributes of MBA students, the
next generation business people, from two important Asian countries, India from South Asia and Japan
from East Asia (India, being an emerging country and Japan, a developed country).
Design/methodology/approach – Survey responses from MBA students in India and Japan were
measured on an entrepreneurial personality index. Bateman and Crant’s scale consisting of 17 traits is
used to identify if entrepreneurial traits are a learned cultural behaviour or intrinsic personality factors.
Findings – Although the findings indicate that India has benefitted from entrepreneurship in the
information technology and information technology-enabled service ventures during the past two
decades, the country still has a long way to go when compared to developed countries like Japan, where
entrepreneurship is widespread.
Research limitations/implications – The results are based on a single survey, using cross-
sectional data.
Originality/value – The level of entrepreneurship differs considerably across countries and periods.
The authors put forward a theoretical framework to denote the linkage between entrepreneurial
attitude, pro-active personality and culture, besides highlighting the three pillars of entrepreneurship.
Keywords Culture, Entrepreneurship, Proactive personality, Japan and India, Three pillars
Paper type Research paper
Introduction
It has been revealed from extensive research that people who choose entrepreneurial
careers look for greater financial and psychological rewards than traditional
employment. Entrepreneurship is measured by self-employment and has become an
increasingly prominent characteristic of industrialised economies. The definition of an
entrepreneur has evolved over past three centuries, from someone who bears risk by
buying at a low price and selling at a higher price, to the creation of new enterprises of
which the entrepreneur is the founder. According to McClelland (1961) and Say (1963),
an entrepreneur is one who brings together the factors of production, provisions of
continuing management and willingness to bear risk. Schumpeter (1950) envisioned
that an entrepreneur is the agent who provides an economic leadership that changes the
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JEC
9,3
206
Received 18 June 2013
Revised 15 September 2014
30 October 2014
Accepted 7 December 2014
Journal of Enterprising
Communities: People and Places in
the Global Economy
Vol. 9 No. 3, 2015
pp. 206-220
© Emerald Group Publishing Limited
1750-6204
DOI 10.1108/JEC-06-2013-0018