Social Support for Female Entrepreneurs: A Study of South Korea and the United States

Abstract

An entrepreneur is a person who organizes, builds, owns, and runs a business; however, what else is involved in starting a new business venture? The United States cultivates a society of individualist outlooks, people that place their needs and the needs of their immediate family before others, which is a sharp contradiction to South Korea’s traditionally collectivist society, where individuals put the needs of the community, family, and their country before their personal needs. With such differing outlooks, which culture is better at supporting entrepreneurs? This paper will explore possible differences between the cultures of the United States and South Korea in relation to social support for female entrepreneurs. ARTICLE HISTORY Received 13 July 2019 Revised 2 September 2019 Accepted 15 September 2019