Entrepreneurial Culture A Literature Review

Entrepreneurial culture is a catchy concept fronted by scholars and several governments in their bid to promote entrepreneurship for unemployment reduction via job creation. The concept of “entrepreneurial culture” has existed for decades, described as an organizational culture embodying and championing entrepreneurial characteristics and attributes. These have included risk taking, innovation, and creativity the elements one would expect to see among entrepreneurs as individuals. The literature suggests that entrepreneurial culture is related to a number of positive organizational outcomes, such as generating new business and improving firm performance. However, the conceptualization of entrepreneurial culture is an issue that is not addressed in the entrepreneurship literature. Entrepreneurial culture is an organizational culture construct centrally concerned with opportunities. Opportunities encapsulate the core connection between entrepreneurial culture and entrepreneurship more generally. Opportunities are what distinguish an entrepreneurial culture from any other cultural subtype. The five dimensions of entrepreneurial culture discussed were organizational enthusiasm, stakeholder alignment, learning and development support, opportunity driven change and cohesiveness. Lawrence Usoro Bassey | Obibhunun Lucky "Entrepreneurial Culture: A Literature Review" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd61323.pdf Paper Url: https://www.ijtsrd.com/management/marketing/61323/entrepreneurial-culture-a-literature-review/lawrence-usoro-bassey