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Cultural hysteresis, entrepreneurship and economic crisis: An analysis of buffers to unemployment after economic shocks
Open accessAbstract
Entrepreneurship has been advocated as one of the major solutions for coping with (youth) unemployment in Europe during the recent economic downturn. Entrepreneurial activity is generally co-determined by economic and cultural factors. However, cultural change normally requires a much longer time to take place than economic changes do. This may prompt a so-called cultural hysteresis effect in the efficiency of entrepreneurial incentives. To analyze these effects, data from the Global Entrepreneurship Monitor (2003–2010) are used. A Two-Stage Least Square instrumental variable and a logit model with difference-in-differences are employed. We find that the cultural hysteresis is less prominent among Mediterranean countries. Moreover, it is almost negligible in the response to incentives by female youth.
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Regional economics has also studied the interaction between cultural relativity and fear and has documented its implications on the percolation of ideas and knowledge.
“Regional economics has also studied the interaction between cultural relativity and fear and has documented its implications on the percolation of ideas and knowledge (Tubadji et al. 2016).”
From Artificial Intelligence (AI): Multidisciplinary perspectives on emerging challenges, opportunities, and agenda for research, practice and policy (2021) · cites this paper as Tubadji et al. 2016
Regional economics is most aware of cultural proximity and cultural gravity analysis.
“Regional economics is most aware of cultural proximity (Torre, 2008; Tubadji and Nijkamp 2016) and cultural gravity analysis (see Tubadji and Nijkamp 2015).”
From Artificial Intelligence (AI): Multidisciplinary perspectives on emerging challenges, opportunities, and agenda for research, practice and policy (2021) · cites this paper as Tubadji and Nijkamp 2016
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Dwivedi, Y. K., Hughes, L., Ismagilova, E., Aarts, G., Coombs, C., Crick, T., Duan, Y., Dwivedi, R., Edwards, J., Eirug, A., et al. (2021) · International Journal of Information Management · doi:10.1016/j.ijinfomgt.2019.08.002 · Cited by 4,611
“Regional economics has also studied the interaction between cultural relativity and fear and has documented its implications on the percolation of ideas and knowledge (Tubadji, Angelis, & Nijkamp, 2016).”
BackgroundSelf-citation
Metadata
- Authors
- Tubadji, A., Nijkamp, P., & Angelis, V.
- Affiliations
- University of Bologna (IT)
- Corresponding author
- Tubadji, Annie
- Venue
- Cambridge Journal of Regions, Economy and Society
- Publisher
- Oxford University Press (OUP)
- Published
- 2016-02-23
- Volume
- 9
- Issue
- 1
- Pages
- 103-136
- ISSN
- 1752-1378 (ISSN-L)
- 1752-1386
- OpenAlex
- W2309914160
- Cited by
- 26
- References
- 1
- Citations by year
- 2025: 2 · 2024: 2 · 2023: 1 · 2022: 2 · 2021: 4 · 2020: 7 · 2019: 4 · 2018: 1 · 2017: 1 · 2016: 2
- FWCI
- 5.18
- Type
- journal article
- Language
- en
- Open access
- green
- eprints.uwe.ac.uk
- Licence
- cc-by
- Locations
- Cambridge Journal of Regions Economy and Society (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- UWE Research Repository (UWE Bristol) (submittedVersion, cc-by)
- HighWire Press Open Archive (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Entrepreneurship Studies and Influences
- Social Sciences › Development › Culture, Economy, and Development Studies
- Social Sciences › Sociology and Political Science › Migration, Ethnicity, and Economy
- Keywords
- entrepreneurship, youth unemployment, economic crisis, entrepreneurship incentives, cultural change, Mediterranean countries, Global Entrepreneurship Monitor
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