nep-cul New Economics Papers
on Cultural Economics
Issue of 2022‒03‒28
two papers chosen by
Roberto Zanola
Università degli Studi del Piemonte Orientale

  1. What Attitude Did the Japanese News Media Take toward the 2020 Tokyo Olympic Games? Sentiment Analysis of the Japanese Newspapers By Annaka, Susumu; Hara, Taketo
  2. Cultural diversity and innovation-oriented entrepreneurship By Paula Prenzel; Niels Bosma; Veronique Schutjens; Erik Stam

  1. By: Annaka, Susumu; Hara, Taketo
    Abstract: This paper examines using text analysis what attitude the Japanese news media took toward the 2020 Tokyo Olympic Games. It explores whether there is a difference in tones among the Japanese major newspaper articles. The newspapers analyzed here are the morning editions of Asahi Shimbun, Mainichi Shimbun, and Yomiuri Shimbun, three top-selling newspapers in Japan. This study utilizes the list of semantic orientations of words to capture the attitudes of the newspapers toward the game. It found that liberal papers regarded as negative to holding the Olympics do not consistently show negative attitudes toward the game. There was a clear difference in attitudes among newspapers only in sports articles after the Olympics began. This article is the first research on the relationship between the Japanese news media and the 2020 Tokyo Olympics.
    Date: 2021–10–12
  2. By: Paula Prenzel; Niels Bosma; Veronique Schutjens; Erik Stam
    Abstract: A growing empirical literature has established a positive relationship between cultural diversity and entrepreneurship rates, often attributing this effect to innovative benefits of diversity. However, not all entrepreneurship is inherently innovative, raising the question of whether cultural diversity may increase the relative prevalence of entrepreneurs pursuing innovative instead of more replicative strategies. This study investigates the relationship between regional cultural diversity and the innovation-orientation of early-stage entrepreneurs and considers moderating factors by decomposing shares of foreign-born population by origin within and outside of the EU and by education level. Combining survey data from the Global Entrepreneurship Monitor with various measures of cultural diversity, we carry out a multilevel analysis for 166 European regions. The results suggest that entrepreneurs in more culturally diverse regions are significantly more likely to exhibit innovation-orientation. We find some evidence that this effect is supported by cognitive proximity as the share of EU-born foreign population is driving this result. Moreover, our analysis suggests that the effect of cultural diversity on innovative entrepreneurship is not due to human capital availability or moderated by entrepreneurs' absorptive capacity but rather stems from the diversity in cultural background itself.
    Keywords: cultural diversity, entrepreneurship, innovation, European regions, multilevel analysis
    JEL: F22 L26 O30 R1
    Date: 2022–02

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