The Algerian entrepreneur and the socio-cultural environment: Understanding firm growth as a socio-economic activity

Authors

Keywords:

Entrepreneurship, Socio-cultural embeddedness, Firm growth, Ownership perception, Algerian entrepreneurs

Abstract

This article explores the socio-cultural factors influencing the growth strategies of Algerian entrepreneurs, focusing on how social and cultural contexts shape entrepreneurial behavior. Drawing on qualitative data from interviews with 12 Algerian entrepreneurs, this study examines the interplay between social norms, trust networks, and perceptions of ownership in shaping firm growth. The findings reveal that entrepreneurs view their firms as personal property rather than purely economic entities, which significantly influences their growth aspirations and strategic decisions. Additionally, fear of failure and low levels of trust in formal institutions emerge as critical barriers to firm growth. The study highlights the importance of understanding the socio-cultural embeddedness of entrepreneurial actions in developing economies and offers insights for policymakers aiming to foster a conducive environment for entrepreneurship in Algeria.

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Published

2025-03-18

How to Cite

Setti, Z. (2025). The Algerian entrepreneur and the socio-cultural environment: Understanding firm growth as a socio-economic activity. International Journal of Economic Perspectives, 19(3), 972–983. Retrieved from http://ijeponline.org/index.php/journal/article/view/928

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Section

Peer Review Articles