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Types of entrepreneurs and firms: The case of new Spanish firms

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  • Alberto Lafuente
  • Vicente Salas

Abstract

The main purpose of this paper is to present an empirical analysis of the sequence relating the performance of the firm to its behavior, which in turn depends upon the origin and personal characteristics of the entrepreneurs. The data are drawn from new Spanish firms. A typology of new entrepreneurs is constructed, based on their basic work aspirations. Each type of entrepreneur is then examined, in terms of the origin and personal characteristics of the members of the class. The results of the study show that significant differences exist among the entrepreneurs and firms of each type, especially in terms of the size of the firm (number of employees) and its evolution over time. The implications of these results, for the theory of entrepreneurship and for the design of policies towards the creation of new firms, are then derived.

Suggested Citation

  • Alberto Lafuente & Vicente Salas, 1989. "Types of entrepreneurs and firms: The case of new Spanish firms," Strategic Management Journal, Wiley Blackwell, vol. 10(1), pages 17-30, January.
    • Handle: RePEc:bla:stratm:v:10:y:1989:i:1:p:17-30
    DOI: 10.1002/smj.4250100103
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    Cited by:

    1. Casillas, José C. & Moreno, Ana M. & Barbero, José L., 2011. "Entrepreneurial orientation of family firms: Family and environmental dimensions," Journal of Family Business Strategy, Elsevier, vol. 2(2), pages 90-100, June.
    2. Arnold Cooper & Mohan Ramachandran & David Schoorman, 1998. "Time Allocation Patterns of Craftsmen and Administrative Entrepreneurs: Implications for Financial Performance," Entrepreneurship Theory and Practice, , vol. 22(2), pages 123-136, January.
    3. Yaron Zelekha & Erez Yaakobi & Gil Avnimelech, 2018. "Attachment orientations and entrepreneurship," Journal of Evolutionary Economics, Springer, vol. 28(3), pages 495-522, August.
    4. Wellington Chakuzira & John Michael Maxel Okoche & Marcia Mkansi, 2024. "Refining the Definition and Typologies of Entrepreneurship in Africa: A Systematic Review," Administrative Sciences, MDPI, vol. 14(8), pages 1-30, August.
    5. Phillip H. Phan & John E. Butler, 2005. "Entrepreneurs' Attitudes, Strategy Choices, And Firm Performance," Industrial Organization 0506001, University Library of Munich, Germany.
    6. Jolanda Hessels & Marco Gelderen & Roy Thurik, 2008. "Entrepreneurial aspirations, motivations, and their drivers," Small Business Economics, Springer, vol. 31(3), pages 323-339, October.
    7. Madison, Kristen & Runyan, Rodney C. & Swinney, Jane L., 2014. "Strategic posture and performance: Revealing differences between family and nonfamily firms," Journal of Family Business Strategy, Elsevier, vol. 5(3), pages 239-251.
    8. Christos Kalantaridis & Lois Labrianidis & Ivaylo Vassilev, 2007. "Entrepreneurship and institutional change in Post-socialist rural areas - Some evidence from Russia and the Ukraine," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 12(1), pages 9-34.
    9. Christel Corine TCHAPGA, 2021. "Profil du dirigeant et introduction en Bourse au Cameroun," Journal of Academic Finance, RED research unit, university of Gabes, Tunisia, vol. 12(1), pages 80-99, June.
    10. Bing Yuan & Alessandro M. Peluso, 0. "The impact of electronic entrepreneur-related word of mouth on brand evaluation," Journal of Brand Management, Palgrave Macmillan, vol. 0, pages 1-14.
    11. Natacha Tréhan, 2002. "Usages de la société holding par des entreprises personnelles et familiales non cotées pratiquant la croissance externe," Revue Finance Contrôle Stratégie, revues.org, vol. 5(2), pages 143-162, June.
    12. Marianna Markantoni & Sierdjan Koster & Dirk Strijker, 2014. "Side-activity entrepreneur: lifestyle or economically oriented?," Chapters, in: Charlie Karlsson & Börje Johansson & Roger R. Stough (ed.), Agglomeration, Clusters and Entrepreneurship, chapter 7, pages 132-156, Edward Elgar Publishing.
    13. Cécile Chanut-Guieu & Gilles Guieu, 2012. "Les caractéristiques du dirigeant de PME en hypercroissance : une revue de la littérature," Post-Print halshs-01413710, HAL.
    14. Skrzek-Lubasińska, Małgorzata & Szaban, Jolanta M., 2019. "Nomenclature and harmonised criteria for the self-employment categorisation. An approach pursuant to a systematic review of the literature," European Management Journal, Elsevier, vol. 37(3), pages 376-386.
    15. Christos Kalantaridis & Zografia Bika, 2006. "Local Embeddedness and Rural Entrepreneurship: Case-Study Evidence from Cumbria, England," Environment and Planning A, , vol. 38(8), pages 1561-1579, August.
    16. Michaël Lainé, 2016. "The heterogeneity of animal spirits: a first taxonomy of entrepreneurs with regard to investment expectations," Post-Print hal-01744745, HAL.
    17. Hoang, Ha & Gimeno, Javier, 2010. "Becoming a founder: How founder role identity affects entrepreneurial transitions and persistence in founding," Journal of Business Venturing, Elsevier, vol. 25(1), pages 41-53, January.
    18. Michael J. Fallgatter, 2004. "Entrepreneurship: Konturen einer jungen Disziplin," Schmalenbach Journal of Business Research, Springer, vol. 56(1), pages 23-44, February.
    19. Michaelis, Timothy L. & Scheaf, David J. & Carr, Jon C. & Pollack, Jeffrey M., 2022. "An agentic perspective of resourcefulness: Self-reliant and joint resourcefulness behaviors within the entrepreneurship process," Journal of Business Venturing, Elsevier, vol. 37(1).
    20. Paul Westhead, 1995. "Survival and Employment Growth Contrasts between Types of Owner-Managed High-Technology Firms," Entrepreneurship Theory and Practice, , vol. 20(1), pages 5-28, October.
    21. Bing Yuan & Alessandro M. Peluso, 2020. "The impact of electronic entrepreneur-related word of mouth on brand evaluation," Journal of Brand Management, Palgrave Macmillan, vol. 27(5), pages 579-592, September.
    22. Mata, Jose & Machado, Jose A. F., 1996. "Firm start-up size: A conditional quantile approach," European Economic Review, Elsevier, vol. 40(6), pages 1305-1323, June.
    23. Christophe Estay & François Durrieu & Manzoom Akhter, 2013. "Entrepreneurship: From motivation to start-up," Journal of International Entrepreneurship, Springer, vol. 11(3), pages 243-267, September.

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