Charismatic leadership and entrepreneurial activity: an empirical analysis

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2013

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INNOVAR. Revista de Ciencias Administrativas y Sociales




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Stefan van Hemmen et al., « Charismatic leadership and entrepreneurial activity: an empirical analysis », INNOVAR. Revista de Ciencias Administrativas y Sociales, ID : 10670/1.sbp1lm


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"Entrepreneurship literature frequently identifies entrepreneurs as possessing a char- ismatic personality. Charisma is broadly defined as a combination of the talent to foresee market opportunities and the ability to motivate other people in the materialization of these opportunities. Business organizations also provide the context for developing skills and knowledge, which is par- ticularly valuable for potential entrepreneurs who identify business opportunities. Using a sample of 41 countries, we show that higher rates of charismatic leadership at the country level are posi- tively associated with entrepreneurial activity. this outcome suggests that both business-oriented and educational organizations that promote charismatic leadership play a significant role in the development of entrepreneurial incubators."

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