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The Impact of the Prevailing Business Culture on Entrepreneurial Activity and Small Businesses: A Contrastive Study of Spain and the USA

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The correlation between small business activity and economic growth is well documented. It is also widely held that a key influence on the level of entrepreneurship and the success rate of small businesses is the prevailing business culture, yet the features of this are seldom defined. This article examines the contribution made by small businesses in various sectors of Spain's economy, reviewing factors highlighted by interviewees in case studies as instrumental to the success, or otherwise, of specific enterprises. It then turns to case studies conducted in the USA in an attempt to pinpoint the factors contributing there to the prevailing business culture and to determine what can be learnt from the longer-established North American experience of entrepreneurship.
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Keywords: Bureaucracy; Risk; Small businesses; Spain; Start-up; Support; USA

Document Type: Research Article

Publication date: November 1, 2001

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  • The International Journal of Iberian Studies (IJIS) is the academic journal for scholars from around the world whose research focuses on contemporary Spain and Portugal from a range of disciplinary perspectives. IJIS is interested in history (20th century onwards), government and politics; foreign policy and international relations.
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