Cultural Influences on Entrepreneurship Implications for the Emergence of New Ventures in Latin America.

The purpose of this paper is to examine several dimensions of culture as described by Hofstede and analyze their potential impact on the entrepreneurial process. Differences in scores on Hofstede's variables between several Latin American countries and Canada and the United States are noted and the implications for using a North American model of entrepreneurship for the economic development of Latin LDCs are discussed. [ABSTRACT FROM PUBLISHER]