Tarasova Natalya Sergeevna

This article attempts to analyze the process of institutionalization of entrepreneurship in conjunction with the formation of a new economic culture during the transition from the command-administrative system to the market one. Such an approach makes it possible to take a fresh look at the problem of the formation of human capital in one of the main subjects of economic relations — the entrepreneur. The article describes the main types of entrepreneurs, discusses the conditions in which the successive formation of three waves took place, and determined the deterrent factors for the development of an economic culture among entrepreneurs. The thesis confirms the signif icant role of cultural factors in economic development. The article concludes that there is no necessary interconnection between these processes in the late 1980s and early 1990s.