What is an entrepreneurial culture?

An entrepreneurial culture is an environment where someone is motivated to innovate, create and take risks. In a business, an entrepreneurial culture means that employees are encouraged to brainstorm new ideas or products. When work time is dedicated to these activities, it is called intrapreneurship.

Some communities foster an entrepreneurial culture as well. Silicon Valley, part of the San Francisco Bay area, is famous as a launching pad for startup technology companies. Families may promote entrepreneurship as well. Parents who encourage their children to take risks and teach them the value of self-employment may raise kids who becomeo future entrepreneurs.