ORGANIZATIONAL AND NATIONAL CULTURE: IMPLICATIONS FOR EXPANDING HIGH IMPACT ENTREPRENEURSHIP IN LITHUANIA
ORGANIZATIONAL AND NATIONAL CULTURE: IMPLICATIONS FOR EXPANDING HIGH IMPACT ENTREPRENEURSHIP IN LITHUANIA

Summary/Abstract: National culture plays a strong role in fostering entrepreneurial organizations. When a country’s cultural values are aligned with organizational culture, entrepreneurs can be highly successful. Lithuania’s score of 51.2% and ranking of 29 on the Global Entrepreneurship and Development Index suggests that high impact entrepreneurship in the country can be enhanced. National culture is assessed using Hofstede’s Six Dimensional Model. According to the model, Lithuania is low on power distance, low to moderate on individualism, very low on masculinity, and moderate on uncertainty avoidance. Its culture is very long term oriented with respect to time and highly restrained. Recommendations for structuring organizational culture that fosters high impact entrepreneurship and aligns with Lithuania’s national values and traditions are proposed.

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