The purpose of this paper is description and understanding of the individual career development (as entrepreneur or employee) as a dynamical process. I have studied the interaction and cooperation between different formal (politics) and informal (culture) institutions and their impacts on the individual's carrier development process (as entrepreneur as well as employee) during three different stages, i.e. socialization processes, opportunity identification processes, and finally career formation and development processes. Research methodology is qualitative i.e. case study, and consists of several cases. Study is based on twenty interviews at the two municipalities (10 from each one – four unemployed, three employed and three businessmen/entrepreneurs) and observation of municipalities at the west Sweden so called "Västra götalands Regionen". Individual's career development from two municipalities are compared with each other. Different categories (employed, unemployed and businessmen)are compared and differences in influences of institutions on different categories in two municipalities are identified and described. Study shows that both formal and informal institutions affect individual's career development process during three stages, i.e. socialization processes, career identification/creation processes, and finally career formation's development process. In other words, survey shows that, Politics and culture affects individual's career development and thereby regional development. Theoretical contributions are: results of this study can contribute to different understanding of entrepreneurship, employment and unemployment. It widens theoretical views of the subject, by understanding the role institutions can play at the individual's career development processes. 230 Practical contributions are: results can be used in individual career development by job centers and for planning and avoiding or facing future unemployment. It can also be used in companies and other workplaces planning and construction or formation of employee´s career development.