The Importance Of Entrepreneurshipial Culture In Egypt

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The main aim of any entrepreneur is to gain profit and that is what made competition aggressive in the country, we cannot deny that the entrepreneurial culture is poor in Egypt but still there is a lot of competition in the market that makes the situation a little bit challenging. In many of the developing countries they lack the existence of entrepreneurial culture and that is why the businesses in these countries are not a lot nor strong enough to survive challenges. The developed countries have better entrepreneurial culture where people in the country even if they are not entrepreneurs understand and are fully aware of entrepreneurship and its importance.

In Egypt, the country lacks the existence of entrepreneurial culture and we cannot find it normal to have a lot of entrepreneurs ,for example in any given group, family or society it is seen as something normal for them to work in a bank or company as a normal employee with normal working hours and rules and regulations but when someone decide to become an entrepreneur it is somehow seen as something not normal and not a natural case that happens in Egypt. Most of the parents in Egypt do not encourage their sons and daughters to own their own business because they are afraid of the risks and the money that they could lose. Most of the Egyptian parents do not encourage theirs sons and daughters to own businesses but they feel that they should start building their career to have a stable future and that opening a

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