{"title":"CULTURAL NORMS AND THEIR EFFECT ON ENTREPRENEURIAL ENDEAVORS: PERSPECTIVES FROM BANGLADESH","authors":"EMON KALYAN CHOWDHURY","doi":"10.1142/s1084946724500079","DOIUrl":null,"url":null,"abstract":"<p>This paper explores the effect of traditional practices and cultural norms on entrepreneurship and business success in Bangladesh. Using a constructive survey questionnaire, data was collected from 172 businesspersons. Factor analysis and regression analysis were employed to analyze the data. The findings highlight that traditional family structures, gender roles, social hierarchies and traditional business networks significantly influence entrepreneurship in Bangladesh. These factors can either enable or hinder entrepreneurial activities, access to resources and funding, and decision-making processes. The study also identifies challenges faced by entrepreneurs because of traditional practices and cultural norms, such as limited resources for female entrepreneurs and barriers to fair competition. Based on the findings, implications are drawn for policy development, programming within educational institutions and entrepreneurial practice.</p>","PeriodicalId":46653,"journal":{"name":"Journal of Developmental Entrepreneurship","volume":"39 1","pages":""},"PeriodicalIF":1.3000,"publicationDate":"2024-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Developmental Entrepreneurship","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1142/s1084946724500079","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS","Score":null,"Total":0}
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Abstract
This paper explores the effect of traditional practices and cultural norms on entrepreneurship and business success in Bangladesh. Using a constructive survey questionnaire, data was collected from 172 businesspersons. Factor analysis and regression analysis were employed to analyze the data. The findings highlight that traditional family structures, gender roles, social hierarchies and traditional business networks significantly influence entrepreneurship in Bangladesh. These factors can either enable or hinder entrepreneurial activities, access to resources and funding, and decision-making processes. The study also identifies challenges faced by entrepreneurs because of traditional practices and cultural norms, such as limited resources for female entrepreneurs and barriers to fair competition. Based on the findings, implications are drawn for policy development, programming within educational institutions and entrepreneurial practice.
期刊介绍：
The Journal of Developmental Entrepreneurship (JDE) provides a forum for the dissemination of descriptive, empirical, and theoretical research that focuses on issues concerning microenterprise and small business development, especially under conditions of adversity. The intended audiences for JDE are scholars who study issues of developmental entrepreneurship and professionals involved in governmental and non-governmental efforts to facilitate entrepreneurship in economic and community development programs around the world. Articles will cover a broad range of topics, including: -Entrepreneurship and self-employment in developing contexts -Challenges and opportunities unique to minority and women entrepreneurs -Microenterprise funds and private-sector small business lending practices -Legislation, regulation, and tax policy that impact entrepreneurship and economic development -Processes that facilitate growth and development within emerging enterprises -Networks within and among entrepreneurial ventures -Marketing patterns and approaches in venture growth and development -International developmental entrepreneurship programs -Entrepreneurship in the informal economic sector -Education and training for aspiring entrepreneurs -Industry practices that adversely affect microenterprise development -Economic and social impacts of microenterprise activity
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