Statement A$.$ Informal institutions such as cultural values and norms affect entrepreneurship. For example, individualistic and low uncertainty$-$avoidance cultures encourage entrepreneurship. Statement B$.$ International entrepreneurship consists of innovative, proactive and risk$-$seeking behaviors that cross$-$national borders. $[$Objectives $9\mathrm{.}1-9\mathrm{.}2]$

Both statements are true

Both statements are false

Statement A is true, statement $B$ is false

Statement $B$ is true, statement $A$ is false