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bryce marfleet

Created on September 26, 2023

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Cultural Diversity of Entrepreneurship

PRESENTATION

What is Cultural Diversity of Entrepreneurship

Cultural diversity of entrepreneurship is a term that refers to the relationship between the variety of cultural backgrounds, identities, and perspectives in a society or a region and the creation of new businesses, products, or services.

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Impact of Cultural Diversity Entrepreneurship &

Gender

Politics

Youth

Sosoioeconomic Status

Ethnicity

Family

Religion

Gender

Cultural diversity can foster creativity and innovation, enhance market potential and competitiveness, but also increase costs and risks, reduce social capital and cohesion, and create discrimination and exclusion for entrepreneurs. Gender can affect the motivation, style, industry, size, and financing of entrepreneurship, as well as the participation and performance of women entrepreneurs in different contexts.

Youth

Entrepreneurship can provide employment opportunities, income sources, creativity, innovation, empowerment, and well-being for young people, especially in contexts where there are limited wage-earning jobs or high levels of youth unemployment or underemployment. However, entrepreneurship can also face challenges and barriers from factors such as access to finance, technology, skills, markets, networks, policies, and institutions

Ethnicity

Entrepreneurship and ethnicity are interrelated concepts that can have both positive and negative effects on each other, depending on the context and the institutions that shape their interactions. Ethnicity can foster creativity and innovation, enhance market potential and competitiveness, but also increase costs and risks, reduce social capital and cohesion, and create discrimination and exclusion for entrepreneurs.

Family

Entrepreneurship can have a significant impact on family dynamics, often fostering a spirit of independence and innovation among family members. Family factors, such as gender, age, marital status, parenthood, and family income, are recognized as important indicators influencing entrepreneurial decisions.

Religion

Religion can significantly influence entrepreneurship, as religious values and practices shape societal attitudes towards entrepreneurship. Additionally, religions can serve as institutions that create social capital, fostering networking and trust-building among co-religionists, which can contribute to entrepreneurial success

Politics

Political developments and legislation can significantly shape entrepreneurship, influencing the types of startups created, how they are funded, and their chances of success1. Additionally, a politically stable nation can foster entrepreneurial activity by lowering risk and transaction costs, and increasing government transparency, predictability, and accountability.

Socio-Economic Status

Entrepreneurship can provide opportunities for individuals to create wealth and improve their economic circumstances, regardless of their background or socio-economic status. This can help reduce poverty, increase economic mobility, and have positive effects on society as a whole

The Team

Michael Chaves

Tim Pasea

Shakeel Hoye

Logan Dasent

Bryce Marfleet

Creator of Slide

Creator of Slide

Presenter

Creator of Slide

Creator of Slide

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