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Measuring the benefits of entrepreneurship at different levels of analysis

Author

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  • Luke, Belinda
  • Verreynne, Martie-Louise
  • Kearins, Kate

Abstract

This paper presents a suggested framework for future research designs to examine the benefits of entrepreneurship, both non-financial and financial. Based on a review of the literature and using contextual exemplars throughout the paper with an Australia and New Zealand focus, we identify a range of benefits from entrepreneurship at the various levels of analysis (e.g. individual, organizational, national). From a non-financial perspective such benefits include independence, autonomy, competitive advantage, increased market share, employment and increased standards of living. From a financial perspective, entrepreneurships benefits include enhanced remuneration or rent from revenue, profits, cash flow, return on investment and increases in GDP – specific financial measures to be expressed in clear financial terms. The suggested framework represents both an initial step towards the measurement of entrepreneurships financial benefits and a valuable starting point for the development of a theory of the non-financial and financial benefits of entrepreneurship.

Suggested Citation

  • Luke, Belinda & Verreynne, Martie-Louise & Kearins, Kate, 2007. "Measuring the benefits of entrepreneurship at different levels of analysis," Journal of Management & Organization, Cambridge University Press, vol. 13(4), pages 312-330, November.
    • Handle: RePEc:cup:jomorg:v:13:y:2007:i:04:p:312-330_00
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    Cited by:

    1. Rodrigues Brás Gonçalo & Soukiazis Elias, 2019. "The Determinants of Entrepreneurship at the Country Level: A Panel Data Approach," Entrepreneurship Research Journal, De Gruyter, vol. 9(4), pages 1-17, October.
    2. Nadia Albu & Ruxandra Adriana Mateescu, 2015. "The Relationship between Entrepreneurship and Corporate Governance The Case of Romanian listed Companies," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(38), pages 1-44, February.
    3. Çakmak, Erdinç & Lie, Rico & McCabe, Scott, 2018. "Reframing informal tourism entrepreneurial practices: Capital and field relations structuring the informal tourism economy of Chiang Mai," Annals of Tourism Research, Elsevier, vol. 72(C), pages 37-47.
    4. Kerianne Lawson, 2022. "Currency iconography and entrepreneurship," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 257-264, December.
    5. Jaroslaw Korpysa & Uma Shankar Singh & Swapnil Singh, 2023. "Validation of Decision Criteria and Determining Factors Importance in Advocating for Sustainability of Entrepreneurial Startups towards Social Inclusion and Capacity Building," Sustainability, MDPI, vol. 15(13), pages 1-21, June.
    6. Mioduchowska-Jaroszewicz Edyta, 2020. "An Analysis of Entrepreneurship in Family-Owned Stock Companies," Folia Oeconomica Stetinensia, Sciendo, vol. 20(1), pages 266-285, June.
    7. Kenneth E. Poole & Allison Forbes & Nichelle Williams, 2023. "Applied Regional Economic Research Can Improve Development Strategies and Drive Better Outcomes," Economic Development Quarterly, , vol. 37(1), pages 85-95, February.
    8. Cory Hallam & Anita Leffel & Raúl Calvoz, 2015. "Identification of Temporal Construal Effects on Entrepreneurial Employment Desirability in STEM Students," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 24(2), pages 204-222, September.
    9. Rodrigues Brás Gonçalo & Soukiazis Elias, 2019. "The Determinants of Entrepreneurship at the Country Level: A Panel Data Approach," Entrepreneurship Research Journal, De Gruyter, vol. 9(4), pages 1-17, October.

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