Relationship between Uncertainty Avoidance Culture, Entrepreneurial Activity and Economic Development

The aim of this study is to observe uncertainty avoidance as an important national cultural dimension and to analyze uncertainty avoidance effect on “Total Entrepreneurial Activity”. Total entrepreneurial activity measures the level of the economic development and entrepreneurship. The relationship between uncertainty avoidance, entrepreneurship and economic development was analyzed by three hypothesises. Correlational regression analysis in SPSS was used, and as a result of analysis, it has been found that a country’ economic development level (GDPPC) influence its uncertainty avoidance level and the total entrepreneurial activity (TEA)rate.