There are several course of actions depending on the role of the individual. An entrepreneur can help to foster the entrepreneurial culture by encouraging other entrepreneurs and by spreading the concept of entrepreneurship to modern communication methods like blogs and social media. Big companies can turn themselves into an intrapreneurship culture, where they promote inside their organization the entrepreneurial skills on employees to create an entrepreneurial spirit. As well as, they can create and sponsor entrepreneurship programs on communities to highlight its importance, where afterwards this people can be potential employees in the future. The role of policy makers should focus on reducing and preventing corruption. Where entrepreneurs see a fair and easy ground for doing business, then they are more likely to choose this path (Ács, et al., 2018).
⭐ 🚀 Entrepreneurial Mindset: skills, behaviors and attitudes
The entrepreneurial culture is the environment where the entrepreneurial mindset: skills, attributes, values, and behavior of entrepreneurs are developed. Within this environment, entrepreneurs have to take decisions to risk and start a business. Therefore, this dimensions are of great relevance to understand the Entrepreneurial Ecosystem (Observatorio Nacional del Emprendedor, 2015). Solid cultural attributes are the base to develop entrepreneurs.
The need of developing an entrepreneurial culture as a general has to focus in the entire society. And in doing so, there are behaviors, attributes and skills that should be fostered to develop entrepreneurship. The following table enlists the entrepreneurial behaviors, attributes and skills that should be fostered (Pinto, 2007).
List of Entrepreneurial Skills
List of Entrepreneurial Behaviors
List of Entrepreneurial Attitudes
Aiming to develop an Entrepreneurial Mindset
As stated by Pinto (2007), policy makers all around the world have set important the development of an enterprise culture in society, because it is the key to create a society that could be capable of dealing with the complexity and uncertainty of the global competitive economy. The challenge remains for those who will to foster an entrepreneurial culture and the principal objectives to improve are the following:
- Create awareness of entrepreneurship among all the society.
- Create an empathic bond between the society and the key values of an entrepreneur.
- Adopt and introduce entrepreneurial culture into the education and training system.
- Help the initiatives that push entrepreneurial education at early school levels.
- Measure entrepreneurial culture constantly with proper designed instruments.
- Develop and award competitions that are meant for entrepreneurs.
An Entrepreneurial Mindset bring competitiveness.
A society that is entrepreneurial, turns itself into a globally competitive due to its knowledge. The cultural norms that rely on a society and are supporting business creation and rewards it, are important to keep an entrepreneurial society. The main goal of a country should be not to only develop an entrepreneurial economy, but to foster a society that gives the right value to entrepreneurship, that engage with it and that facilitates it. One first step to develop a competitive knowledge economy is to focus on the training and education on entrepreneurship. Other key cultural values that should be stimulated for an entrepreneurial culture are the positive attitudes towards entrepreneurs, risk attitudes and the desire of business ownership. Overall, having a society that is conscious about entrepreneurship will tend to engage and work on their entrepreneurial activities (Hechavarria & Ingram, 2014).
Ács, Z. J., Szerb, L. & Lloyd, A., 2018. Global Entrepreneurship Index, s.l.: GEDI.
Hechavarria, D. & Ingram, A., 2014. A Review of the Entrepreneurial Ecosystem and the Entrepreneurial Society in the United States: An Exploration with the Global Entrepreneurship Monitor Dataset. Journal of Business & Entrepreneurship.
Observatorio Nacional del Emprendedor, 2015. Construcción, generación, y análisis de indicadores para medir el estado y la evolución del ecosistema emprendedor.. s.l.:INADEM.
Pinto, R., 2007. Fostering a Culture of Entrepreneurship: A Project Proposal, Hamburg: GFA Consulting Group GmbH.