countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …, suggesting that risingopportunity costs of entrepreneurship are the dominant perception in this cultural environment. In a …

entrepreneurship. Second, cross-sectional regression analysis using data for three separate years in twenty Western countries and Japan … costs of entrepreneurship are the dominant perception in this cultural environment. In a group of low-uncertainty avoidance …