different factor, entrepreneurship capital, has emerged as a driving force of economic growth. In this paper, we define a region …'s capacity to create new firms start-ups as the region's entrepreneurship capital. We then investigate the local embeddedness of …-based entrepreneurship capital is driven by local levels of knowledge creation and the acceptance of new ideas, indicating that local …

, are found to be conducive to entrepreneurship, while others, such as Hinduism, inhibit entrepreneurship. In addition, the … tradition of the caste system influence entrepreneurship, suggesting a link between religion and economic behavior …