Abstract
Various economic activities ranging from individual-level consumption to global corporation’s mergers and acquisitions are subject to cultural force (DiMaggio, 1994). Culture refers to “the collective programming of the mind which distinguishes the members of one human group from another … [and] includes systems of values” (Hofstede, 1980: 25). It shapes values and norms as to what is appropriate and desirable, powerfully controlling and shaping human behaviour. There is no doubt that entrepreneurship is one type of economic activity that is subject to cultural force. Culture exerts significant influence on the extent to which one is willing to take risk for pursuing identified business opportunities, the extent to which the pursuit of emerging opportunities is socially accepted, legitimated behaviour, and the extent to which external constituents support entrepreneurs through the provision of critical resources (Keupp and Gassmann, 2009; McGrath, MacMillan, Yang, and Tsai, 1992; Mueller and Thomas, 2000). It is reasonable, therefore, to consider cultural difference in attempting to explain cross-national variations in the level of entrepreneurial behaviour (Global Entrepreneurship Monitor, 1999).
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
References
Aldrich, H. E. 1999. Organizations Evolving. Thousand Oaks, CA: Sage.
Bradley, W. G. 1978. Self-serving biases in the attribution process: A reexamination of the fact or fiction question. Journal of Personality and Social Psychology, 36: 56–71.
DiMaggio, P. 1994. Culture and economy. In N. J. Smelser and R. Swedberg (eds.), The Handbook of Economic Sociology, 27–57. Princeton, NJ: Princeton University Press.
Dore, R. P. 1958. City Life in Japan. Berkeley: University of California Press.
The Economist. 1997. Adventures with capital. January 25, U.S. Edition p. 17.
Global Entrepreneurship Monitor. 1999. Executive Summary. http://www.gem-consortium.org/
—. 2000. Executive Summary. http://www.gemconsortium.org/
—. 2001. Executive Summary. http://www.gemconsortium.org/
Gorman, M., and W. A. Sahlman. 1986. What do venture capitalists do? In R. Ronstadt, S. J. A. Hornaday, N. C. Churchill, J. A. Katz, B. A. Kirchhoff, K. H. Vesper and J. W. E. Wetzel (eds.), The Frontiers of Entrepreneurship Research, 258–73. Wellesley, MA: Babson College.
Gulati, R., and M. Gargiulo. 1999. Where do Interorganizational networks come from? American Journal of Sociology, 104: 1439–93.
Hofstede, G. H. 1980. Culture Consequences: International Differences in Work-related Values. Sage: London.
Keupp, M. M., and O. Gassmann. 2009. The past and the future of international entrepreneurship: A review and suggestions for developing the field. Journal of Management, 35: 600–33.
Kolvereid, L., and E. Bullvag. 1993. Novices versus experienced founders: An exploratory investigation. In S. Birley and I. MacMillan (eds.), Entrepreneurship Research: Global Perspectives, 275–85. Amsterdam: Elsevier Science.
Lamont, L. 1972. What entrepreneurs learn from experience. Journal of Small Business Management, 10: 36–41.
MacMillan, I. C., L. Zemann and P. N. S. Subbanarasimba. 1987. Criteria distinguishing successful from unsuccessful ventures in the venture screening process. Journal of Business Venturing, 3: 123–37.
McGrath, R. G., I. C. MacMillan, E. A. Yang and W. Tsai. 1992. Does culture endure, or is it malleable? Issues for entrepreneurial economic development. Journal of Business Venturing, 7: 441–58.
Miner, A. S., J. Kim, I. W. Holzinger and P. Haunschild. 1999. Fruits of failure: Organizational failure and population-level learning. In J. A. C. Baum, A. S. Miner, and P. Anderson (eds.), Advances in Strategic Management, 16: 187–220. Stamford, CT: JAI Press.
Mueller, S. L., and A. A. Thomas. 2000. Culture and entrepreneurial potential: A nine country study of locus of control and innovativeness. Journal of Business Venturing, 16: 51–75.
Preston, J. T. 2001. Success factor in technology-based entrepreneurship. Working paper at the MIT Entrepreneurship Center. http://solvay.ulb.ac.be/cours/vanpottelsberghe/resources/rsaem_34.pdf
Sardana, D., and D. Scott-Kemmis. 2010. Who learns what? A study based on entrepreneurs from biotechnology new ventures. Journal of Small Business Management, 48: 441–68.
Saxenian, A. 1994. Regional advantage: Culture and competition in Silicon Valley and Route 128. Cambridge, MA: Harvard University Press.
Shane, S. 2006. A general theory of entrepreneurship. Cheltenham, UK: Edward Elgar.
Shepherd, D. A., E. J. Douglas and M. Shanley. 2000. New venture survival; Ignorance, external shocks, and risk reduction strategies. Journal of Business Venturing, 15: 393–410.
Starr, J. A., and W. D. Bygrave. 1991. The second time around: Assets and liabilities of prior start-up experience. In S. Birley and I.C. MacMillan (eds.), International Perspectives on Entrepreneurial Research, 340–64. Amsterdam: Elsevier Science.
Stinchcombe, A. L. 1965. Social structures and organizations. In J. G. March (Ed.), Handbook of Organizations, 142–93. Chicago: Rand McNally.
Stuart, R. W., and P. A. Abetti. 1990. Impact of entrepreneurial and management experience on early performance. Journal of Business Venturing, 5: 151–62.
Tajfel, H., M. G. Billing, R. F. Bundy, and C. Flament. 1971. Social categorization and intergroup behavior. European Journal of Social Psychology, 1: 149–77.
Ulmer, K. J. and A. Neilson. 1947. Business turnovers and causes of failure. Survey of Current Business, April: 10–16.
Weiner, B. A., and A. Kukla. 1970. An attributional analysis of achievement motivation. Journal of Personality and Social Psychology, 14: 1–42.
Wright, M., K. Robbie, and C. Ennew. 1997. Venture capitalists and serial entrepreneurs. Journal of Business Venturing, 12: 227–49.
Yelle, L. E. 1979. The learning curve: Historical review and comprehensive survey. Decision Sciences, 10: 302–28.
Zacharakis, A. L., and G. D. Meyer. 1999. A lack of insight: Do venture capitalists really understand their own decision process? Journal of Business Venturing, 13: 57–76.
Editor information
Editors and Affiliations
Copyright information
© 2011 Hitoshi Mitsuhashi and Allan Bird
About this chapter
Cite this chapter
Mitsuhashi, H., Bird, A. (2011). The Stigma of Failure and Limited Opportunities for Ex-failed Entrepreneurs’ Redemption in Japan. In: Usui, C. (eds) Comparative Entrepreneurship Initiatives. Palgrave Macmillan Asian Business Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230314368_9
Download citation
DOI: https://doi.org/10.1057/9780230314368_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-33506-0
Online ISBN: 978-0-230-31436-8
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)