The rapid increase in the globalization of businessesin recent yearscan be attributed to two events:the downfall of thenation-state as the main macroeconomic unit of international economic activityand the departure of the stand-alone firm as the essential unit ofcompetition.The decreased...

We explore the impact of an entrepreneur’s cultural capital on the performance of new ventures in both mature and transition economies. Results show that individualistic values of the founder influence early performance of new ventures, irrespective of the country context; and that in less...