Now Publishers Inc, 2008 - Business & Economics - 142 pages
Habitual Entrepreneurs focuses on the business ownership experience as an important defining feature of entrepreneurship. Variations in business ownership experience have led to the distinction between experienced (`habitual┐) entrepreneurs and first-time (`novice┐) entrepreneurs. Habitual Entrepreneurs focuses on entrepreneurs who have the potential to leverage their business ownership experience in subsequent ventures. Habitual entrepreneurs are compared to novice entrepreneurs who do not have any prior business ownership experience to draw upon. The authors examine the theory and evidence relating to different `types┐ of entrepreneurs with specific focus on the level and nature of their prior business ownership experience. Habitual Entrepreneurs examines the scale of habitual entrepreneurship and uses insights from human capital theory and cognitive theories to present a theoretical case for distinguishing between different types of entrepreneurs with reference to their prior business ownership experience. Despite recent research progress, several gaps in the knowledge base relating to the habitual entrepreneur still exist and avenues for future research are presented.
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and/or associated Audretsch behavior business failure business opportunities business ownership experience CD CD CD ft cognitive corporate entrepreneurship Davidsson detected differences enership entrepreneur and firm entrepreneurial experience entrepreneurial team entrepreneurs in Scotland entrepreneurs reported evidence experienced entrepreneurs explore firm performance ft CD Future studies habitual entrepreneurs habitual entrepreneurship human capital profiles identification and exploitation information search innovative Kolvereid larger proportion Management managerial minority or majority ness Norway novice and habitual novice and serial novice entrepreneurs novice founders opportunity identification Paul Westhead portfo portfolio entrepreneurs previous business prior business ownership proportion of portfolio relating rience rural founders serial and portfolio serial entrepreneurs serial founders Shane significantly skills social capital specific human capital spinout start-up subsequent ventures suggests surveyed business tion types of entrepreneurs ual entrepreneurs Ucbasaran Ucbasaran et al wealth creation Westhead and Wright Westhead et al