Cutlure of entrepreneurship

The history of the poor countries of the world is littered with failed schemes of forced economic growth through enormous state enterprises. Now a bottom-up revolution is sweeping the globe, from Asia to Africa, from Eastern Europe to Latin America.
The Culture of Entrepreneurship is nothing short of a new framework for understanding third world development. Economists tend to see economic growth in terms of equations and idealized models of behavior. What they are missing is the critical influence of human institutions such as norms, values, and morals-in other words, culture.
The Culture of Entrepreneurship shows how some cultures are enormously supportive of entrepreneurship indeed, to the point where entrepreneurship develops its own culture, such as in Hong Kong. Others (such as in the Soviet Union) regard the entrepreneurial way of life with suspicion. The differences go a long way toward explaining why