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There was then a gap to access to finance and a non-supportive policy environment. It brings to mind the groundbreaking work of Dutch sociologist Geert Hofstede. The analysis found that the biggest challenge faced by SMEs was around talent acquisition, with over half citing this as a major concern.
The uncertainty-avoidance measure was originally created by Geert Hofstede through a cultural survey of more than 100,000 IBM employees around the world and subsequently confirmed in additional global surveys. The cultural dimensions identified by Hofstede have been used by more than a 1,000 academic studies.
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