Cultural and Economic Interaction: Trends in Employment and Business of Cultural Organization in the EU

Abstract

Studies of the interconnectedness of culture and economy become in a particular importance in the context of economic shocks and turbulence. The problem of "path dependence" is raised as a subjection on the former economic development trajectory. Majority of the scientific researches devoted to socio-economic development and welfare of the country are based on theories of economic growth, democratization of the system, liberalization of the economic regime. However, the long-term statistics and its dynamics across the world negate the validity of prevailing theories. The importance of cultural and economic interconnectedness is emphasized in order ensure socio-economic progress and the successful development of the country.

The Explanatory Power of Individual-Level Motivators for Entrepreneurship in Predicting Entrepreneurial Activity: a Cross-Country Investigation

“…Entrepreneurial activity refers to individuals' endeavors exerted to find, establish, or manage a new or established venture (Faludi, 2020;Hossain et al, 2021). Entrepreneurial activity is a key indicator of economic well-being across countries (Jafari-Sadeghi et al, 2021;Rakauskienė et al, 2019). Healthier entrepreneurial activity is associated with the creation of jobs for many people in society (Stam & Van de Ven, 2021).…”