Jay Nathan

Entrepreneurship Culture and Survey in the Republic of Mongolia

Jay Nathan, The Peter J. Tobin College of Business, Department of Management

Abstract

Mongolia and her citizens are free-spirited people, since the famous Genghis Khan times, and their lifestyle continues even today. It is a landlocked country of about 2.7 million, with more than 60% living in Ulaanbaatar, the capital city, and the rest live in the country side. In spite of recent economic boom due to mining and foreign investments, the people continue to have country homes and cherish their traditional lifestyles and culture. This research looks at the culture of entrepreneurship of the people across twenty-two Aimags (provinces) as well as the five regions that comprise Western, Eastern, Khangai, Central and Ulaanbaatar. The survey results (the instrument was translated into Mongolian) captured types of business, ownership, education, training, longevity, goods and services, among others. The survey and statistics are presented to understand how global cultures impact business education, training, and development.