{"title":"The protestant ethic and entrepreneurship: inside the black box","authors":"","doi":"10.1007/s11187-023-00838-3","DOIUrl":null,"url":null,"abstract":"<h3>Abstract</h3> <p>We provide one of the first investigations of the cultural and value dimensions through which Protestantism affects entrepreneurship by focusing on the historically predetermined religious minorities residing in the regions of the former Holy Roman Empire. By exploiting the minorities’ strong attachment to religious ethic, we find that Protestantism significantly affects the probability to be an entrepreneur and that the effect is relatively larger when we consider larger enterprises. A formal mediation analysis suggests that among the rich set of individual characteristics and values typically associated with entrepreneurship available in our data, the dimensions that mediate the effect of Protestantism are education and a taste for individualism. In particular, such mediating factors explain around 26% of the total effect of Protestantism on entrepreneurship.</p>","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"2 1","pages":""},"PeriodicalIF":6.5000,"publicationDate":"2024-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Small Business Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1007/s11187-023-00838-3","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
We provide one of the first investigations of the cultural and value dimensions through which Protestantism affects entrepreneurship by focusing on the historically predetermined religious minorities residing in the regions of the former Holy Roman Empire. By exploiting the minorities’ strong attachment to religious ethic, we find that Protestantism significantly affects the probability to be an entrepreneur and that the effect is relatively larger when we consider larger enterprises. A formal mediation analysis suggests that among the rich set of individual characteristics and values typically associated with entrepreneurship available in our data, the dimensions that mediate the effect of Protestantism are education and a taste for individualism. In particular, such mediating factors explain around 26% of the total effect of Protestantism on entrepreneurship.
期刊介绍：
Small Business Economics: An Entrepreneurship Journal (SBEJ) publishes original, rigorous theoretical and empirical research addressing all aspects of entrepreneurship and small business economics, with a special emphasis on the economic and societal relevance of research findings for scholars, practitioners and policy makers.
SBEJ covers a broad scope of topics, ranging from the core themes of the entrepreneurial process and new venture creation to other topics like self-employment, family firms, small and medium-sized enterprises, innovative start-ups, and entrepreneurial finance. SBEJ welcomes scientific studies at different levels of analysis, including individuals (e.g. entrepreneurs'' characteristics and occupational choice), firms (e.g., firms’ life courses and performance, innovation, and global issues like digitization), macro level (e.g., institutions and public policies within local, regional, national and international contexts), as well as cross-level dynamics.
As a leading entrepreneurship journal, SBEJ welcomes cross-disciplinary research.
Officially cited as: Small Bus Econ
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