Influence of culture`s value systems on entrepreneurship in the Republic of Macedonia
Influence of culture`s value systems on entrepreneurship in the Republic of Macedonia

Summary/Abstract: This paper focuses on the value dimensions of entrepreneurial culture and discusses the impact of cultures’ value systems on entrepreneurship. The main emphasis is on the impact of cultural norms and customs, religion and education system on entrepreneurship. The education system in the Republic of Macedonia and its impact on entrepreneurial culture will be discussed in details, hence conducting survey to analyse the views and opinions of students-graduates. The aim of the paper is to show that different cultural values affect the level of entrepreneurial culture. Education is a value that can have positive change, and indirectly change the culture that will promote and support the entrepreneurial spirit and entrepreneurial culture. The educational process as an education of the population in a country has a significant impact on the creation of cultural values, beliefs and norms, and building national culture of society. Generally, it is considered that countries that invest more in education have higher rates of economic growth, since educated population is more productive. In Republic of Macedonia, the educational system is organized in pre-school education, primary, secondary, higher and adult education. Formal education is well organized and developed, with decentralized structure and high range of students. Exception to this is the adult education, which is in its initial stage of development. The development of this part of the education system will allow enhancing the competencies of people for their successful economic activity. Informal education does not have the real place in the education system, and there is a lack of system validation. Preschool education, which is developed in urban areas, is not yet mandatory education, and also there is lack of validation. Keeping in mind that cultural value systems are created in the early age of one’s life, then the importance of this part of education and training is essential for building entrepreneurial spirit and culture in a society.

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