ABSTRACT
Investigations of culture and entrepreneurship commonly assume or argue that individualism and economic development (itself an entrepreneurially driven process) are intrinsically and ineluctably related to one another. This idea can be decomposed into two additional theses that may or may not be made explicit in any particular study:
1 Individualism is more conducive to (or, more strongly, is a necessary condition for) entrepreneurship and economic development in a modern economy. Consequently, individualist cultures and nations are more entrepreneurial than group-oriented ones.
