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By: Magiel BoncayaoPHILIPPINE CULTURAL VALUES AND ENTREPRENUERSHIPBe lazy, indulgent, and prone to relax and take things easyAvoid taking risksGo along with wishes of the group even if, personally one wants to do something elseTo be oversensitive to criticisms.Lack of perseverance and persistence.Be fatalistic Put one over each other Lack of originality and creativityFilipino Values Favorable to EntrepreneurshipPakikipagkapwa values promote the ideals of entrepreneurship.-Concern (hiya) -Pakikisama-Pakikibagay -Pagmamalasakit-Utang na loob -Amor propio-Bayanihan 2.Many Filipino values promote risk-taking or lakas ng loob

Bahala naGaya-gaya (copycat)Pakikipagsapalaran(sense of adventure)Close family ties3. Katapatan as a value promote ethical business practices

4. Our values promote harmonious labor-management relations Malasakit Damayan SamahanMadaling makagaanan ng loob Pakikiramdam5. Our values promote social mobilitySipag (diligence) Katipiran (thrift or frugality)Pagkamatiisin (patient with endurance)Pagtitimpi (self-control)Filipino Values that Deter EntrepreneurshipTradition child-rearing practices hinder the development of an independent, entrepreneurial spirit.

Belief in the existence of all-powerful forces that control a persons destiny may destroy entrepreneurial initiatives.Ang kapalaran di ko man hanapin, dudulog o lalapit kung talagang akin3. Amor propio makes the Filipino refuse to take full responsibility for his action when he fails

4. The bahala na attitude, if not tempered by intelligent judgment and planning, may lead to imprudent decision making 5. Our family and relatives may be a very supportive group, but they can also do harm to the business enterprise.

6. Colonial mentality impedes the development of a self-reliant entrepreneurship

7. Crab mentality is particularly destructive to entrepreneurship .The Link Between Family and Entrepreneurship Entrepreneurs were brought up in an atmosphere of self-reliance and freedom

Entrepreneurs learn an early age craft or trade at home

Entrepreneurs had an early exposure to business. 4. Many entrepreneurs come from migrant families.

5. Many entrepreneurs are the first-born in the family.The Link Between Education and EntrepreneurshipHe had become acquainted with many entrepreneurs and businessmen through his early growing years.

He had the opportunity to work.

He had the opportunity to practice

He had the opportunity to exercise attributes and behavior and gained support.

He had the opportunity to know costumer, supplies, distribution, and source of assistance.

Educational set up resembling to the culture of entrepreneurshipLearners dont just listen and learn passively, but practice actively in deciding what they want to learn and how do they learn.

Teachers must behave as fine examples or models of entrepreneurship.

3. The learning environment must be one where initiative is encouraged.

4. The learning mode or method must be one that will allow learners to face uncertainty.