countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … ownership. This surprisingfinding suggests that a personal trait (risk aversion) and its related cultural characteristic … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …

across OECD countries. First, the concepts of uncertainty and risk are elaborated, as well as their relevance for … 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 …

, the concepts of uncertainty and risk are elaborated, as well as their relevance for entrepreneurship. An occupational … compensating pull of entrepreneurship in countries with low uncertainty avoidance may have gained momentum in recent years. Third …

The transition economies have lower rates of entrepreneurship than are observed in most developed and developing market …. -- Entrepreneurship ; formal and informal sectors ; shadow economy ; institutional arrangements ; comparative studies of countries …