Belonging, believing, bonding, and behaving: The relationship between religion and business ownership at the country level

Research output: Contribution to journalArticleAcademicpeer-review

24 Citations (Scopus)
2 Downloads (Pure)

Abstract

This cross-country study adopts a competing theories approach in which both a value perspective and a social capital perspective are used to understand the relation between religion and a country’s business ownership rate. We distinguish among four dimensions of religion: belonging to a religious denomination, believing certain religious propositions, bonding to religious practices, and behaving in a religious manner. An empirical analysis of data from 30 OECD countries with multiple data points per country covering the period 1984–2010 suggests a positive relationship between religion and business ownership based on those dimensions that reflect the internal aspects of religiosity (i.e., believing and behaving). We do not observe a significant association for those dimensions that reflect more external aspects of religion (i.e., belonging and bonding). These results suggest that the social capital perspective prevails the value perspective, at least when internal aspects of religiosity are concerned.More generally, our study demonstrates the importance of distinguishing between different dimensions of religion when investigating the link between religion and entrepreneurship.
Original languageEnglish
Pages (from-to)1-32
Number of pages32
JournalJournal of Evolutionary Economics
Volume26
Issue number3
DOIs
Publication statusPublished - 22 Feb 2016

Fingerprint

Dive into the research topics of 'Belonging, believing, bonding, and behaving: The relationship between religion and business ownership at the country level'. Together they form a unique fingerprint.

Cite this