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Entrepreneurship, culture, and the epigenetic revolution: a research note

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Listed:
  • Zoltan Acs

    (George Mason University)

  • Emma Lappi

    (Jönköping International Business School
    Swedish Entrepreneurship Forum)

Abstract

We show how the type of alcohol consumed is related to the type of entrepreneurship present for economies in Europe. We differentiate between beer-, wine-, and spirit-drinking countries and distinguish between productive, unproductive, and destructive entrepreneurship. The underlying links do not emerge from drinking per se but rather the drinking habits and taste for beverage types capture deep cultural features and cultural similarities amongst the countries. Societies that prefer to drink beer are closer to each other culturally than those which prefer drinking wine or spirits. Therefore, the taste for alcohol type is merely an instrument in explaining cultural and institutional differences across entrepreneurship. Broadly speaking, beer-drinking countries are characterized by higher shares of productive entrepreneurship, wine-drinking countries with unproductive entrepreneurship, and spirit-drinking countries with destructive entrepreneurship. We discuss mechanisms in which the results are found and highlight a new research agenda, emphasizing the potential role of epigenetics.

Suggested Citation

  • Zoltan Acs & Emma Lappi, 2021. "Entrepreneurship, culture, and the epigenetic revolution: a research note," Small Business Economics, Springer, vol. 56(4), pages 1287-1307, April.
  • Handle: RePEc:kap:sbusec:v:56:y:2021:i:4:d:10.1007_s11187-019-00230-0
    DOI: 10.1007/s11187-019-00230-0
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    More about this item

    Keywords

    Entrepreneurship; Informal institutions; Culture; Europe; Epigenetics;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E14 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Austrian; Evolutionary; Institutional
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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