%0 Journal Article %A Castaño Martínez, María Soledad %A Méndez Picazo, María Teresa %A Galindo Martín, Miguel Ángel %T The effect of social, cultural, and economic factors on entrepreneurship %D 2015 %@ 01482963 %U https://hdl.handle.net/20.500.14352/23812 %X Current economic downturn encourages extensive research into economic growth engines, with entrepreneurship as one of the key drivers of growth. Although crucial, determining which variables stimulate entrepreneurial activity constitutes a difficult task due to interrelated factors. This study analyzes three groups of factors affecting entrepreneurship and entrepreneurs' perceptions of opportunity: social, cultural, and economic variables. Therefore, this study employs the partial least squares method for two groups of countries: (1) European countries, and (2) Latin-American and Caribbean countries. This approach identifies how these factors' effects differ across different countries. %~